29 Mar Daimler Acquires Majority Stake in Torc Robotics to Boost Development of Self-Driving Trucks Daimler Trucks has agreed to acquire a majority stake in autonomous vehicle pioneer Torc Robotics and will join forces with the technology firm to develop highly automated trucks for the U.S. market. Read more...
28 Mar FMCSA Updates Truckers on Parking, Drug and Alcohol Clearinghouse Issues LOUISVILLE, Ky. — A top Federal Motor Carrier Safety Administration official updated truckers on the agency’s efforts to mitigate parking problems and the obligations for drivers as the agency moves toward implementation of the drug and alcohol clearinghouse rule. Read more...
28 Mar Tight Used Truck Market Spurs Higher Prices in February Sales of used Class 8 trucks dropped amid ongoing tight inventory in February and high demand as the average truck’s price climbed above $48,000, ACT Research Co. reported. Read more...
28 Mar Is There a Truck Driver Shortage or Not? ATA Says Research Paper Made ‘Critical Errors’ The chief economist for American Trucking Associations has criticized a research paper written by a university professor and U.S. Bureau of Labor Statistics official that questioned the severity of the truck driver shortage decried by many in the industry. Read more...
28 Mar Presidential Candidate Amy Klobuchar Unveils $1 Trillion Infrastructure Plan U.S. Senator Amy Klobuchar became the first Democratic presidential candidate to release a detailed federal infrastructure plan, calling for $1 trillion in investment and putting pressure on a wide field of contenders to come up with their own proposals. Read more...
28 Mar Trucking Firms Optimistic About Economy Despite Driver Shortage LOUISVILLE, Ky. — Despite a perceived slowdown in the U.S. economy, 52% of small and medium-size carriers said they are growing and remain optimistic about business in 2019 and 2020, according to research by Bibby Financial Services of Georgia. Read more...
28 Mar TMAF Celebrates Five Years of Enhancing Trucking’s Image LOUISVILLE, Ky. — A new poll has confirmed that a campaign to improve trucking’s image has been successful in nudging public perception toward a more positive image over the past five years, leaders of Trucking Moves America Forward said at a March 28 news conference here. Read more...
28 Mar Senate Funding Leader Praises White House’s Infrastructure Grants Proposal WASHINGTON — The Trump White House’s newfound backing of infrastructure grants managed by the U.S. Department of Transportation earned praise from the top transportation funding leader in the U.S. Senate. Read more...
28 Mar GDP Declines in 4Q, Reflecting Consumer, Government Spending U.S. economic growth cooled by more than initially reported last quarter on revisions to consumer and government spending, signaling mounting challenges to the expansion as it nears a record duration. Read more...