04 Nov Oil Near Six-Week High as US-China Trade Deal Hopes Increase Oil held its biggest gain in almost seven weeks after improved U.S. and Chinese economic data aided the demand outlook, while optimism increased that the U.S. and China will resolve their trade dispute. Read more...
04 Nov Infiniti Will Market Cars That Still Fill Up on Gas as Electric Infiniti bills itself as being a convention challenger, but the Nissan Motor Co. luxury-car division still sees the future of electrification much like the era of internal combustion. Read more...
04 Nov VW’s Traton Joins Rivals in Warning Demand for Trucks Is Souring Volkswagen AG’s Traton truck-making division echoed competitors in warning it’s “intensively” preparing for a much more difficult environment next year. Read more...
04 Nov Perspective: What AB 5 Means for California Trucking California’s recent passage of a law that will limit when and how a business can contract with an owner-operator for trucking services is causing concern. Read more...
04 Nov Mack Trucks Union Workers Approve Labor Agreement Mack Trucks announced late on Nov. 3 that United Auto Workers members ratified a four-year collective bargaining agreement with the company. The contract covers more than 3,500 Mack workers across six facilities in Pennsylvania, Maryland and Florida. Read more...
01 Nov Uber Freight Adds Service in Canada Digital broker Uber Freight announced its expansion to portions of Canada. Read more...
01 Nov Washington Supreme Court Finds State Not at Fault for Skagit River Bridge Collapse The Supreme Court of Washington has determined the Washington Department of Transportation cannot be held at fault for an interstate bridge collapse that occurred in 2013. Read more...
01 Nov Convoy Enhances App, Giving Carriers Access to More Spot Freight Digital freight broker Convoy launched direct-from-shipper loads nationwide, a feature intended to provide carriers access to 10 times the amount of spot freight from America’s largest shippers. Read more...
01 Nov Fiat Chrysler Posts Record North America Earnings, Margins in Q3 Fiat Chrysler Automobiles NV delivered record third-quarter pre-tax earnings in North America and a best-ever 10.6% margin, the automaker said Thursday, a sign to its would-be French partner, Groupe PSA, that it could be a strong ally on the continent. Read more...
01 Nov U.S. Xpress Records First Quarterly Loss Since Going Public Truckload carrier U.S. Xpress reported a net income loss of $1.4 million, or minus 3 cents per share, in the third quarter, when the Chattanooga, Tenn.-based company announced its earnings Nov. 1. Read more...