17 Aug Advisory Panel Urges Federal Action on Driver Shortage A Department of Commerce advisory group is urging federal officials to lead a widespread effort to address the nationwide shortage of truck drivers, which the panel said has “likely reached an all-time high.” Read more...
17 Aug Lytx Launches Integration With Fleet Tech Providers Video telematics company Lytx is integrating its solutions with a network of other software providers to offer customers an all-in-one fleet management platform. Read more...
17 Aug Does Tesla Probe Signal a Get-Tough Era at NHTSA? The National Highway Traffic Safety Administration’s investigation into a possible defect involving Tesla Inc.’s Autopilot may signal a more activist approach by the Biden administration to regulating technology that is crucial to the auto industry’s future. Read more...
17 Aug UCR Plan Officials Looking to Collect Fees From Unregistered Carriers The board of directors for the Unified Carrier Registration Plan has approved an aggressive three-pronged strategy to identify and contact unregistered motor carriers. Read more...
17 Aug Home Depot Sales Climb, but Remodeling Frenzy May Be Cooling Home Depot’s sales continue to surge, though same-store sales appeared to come back to earth after a year in which the home improvement chain outperformed expectations repeatedly. Read more...
17 Aug Eaton Develops 48-Volt Systems to Cut Emissions, Raise Fuel Efficiency Eaton Corp. announced a series of 48-volt technologies to assist its global on- and off-highway commercial vehicle customers transitioning from traditional 12- and 24-volt vehicle systems to improve fuel efficiency and reduce emissions. Read more...
17 Aug Deutsche Post to Buy Logistics Firm Hillebrand for $1.8 Billion Deutsche Post AG has agreed to acquire German logistics company Hillebrand for about 1.5 billion euros ($1.8 billion). Read more...
17 Aug Americans Spent Less in July as COVID-19 Cases Surged NEW YORK — Americans cut back on their spending in July as a surge in COVID-19 cases kept people away from stores. Read more...
17 Aug Walmart’s Slowing E-Commerce, Margin Weigh in Q2 Walmart Inc.’s pandemic-driven gains in e-commerce slowed last quarter and profit margin fell, raising questions about the retailer’s ability to maintain momentum even after it topped Wall Street’s sales expectations. Read more...
16 Aug Average Price of Diesel Slips 0.8¢ to $3.356 a Gallon The national average price of diesel dipped eight-tenths of a cent to $3.356 a gallon, according to Energy Information Administration data released Aug. 16. Read more...