21 Feb Crude Dragged Lower as US Production Hits Record Oil declined for the first time in more than a week after U.S. government data showed an increase in crude stockpiles and production, and as the commodity tracked moves in the equity market. Read more...
21 Feb ATA’s Spear Says Collaboration Can Help Reduce Driver Shortage NASHVILLE, Tenn. — Collaborating with representatives of various industries and government agencies can buoy trucking workforce development efforts, according to American Trucking Associations President Chris Spear. Read more...
21 Feb Recruiters Can Attract, Retain Drivers With Empathy, Experts Say NASHVILLE, Tenn. — Empathy is an important quality to have when connecting with truck drivers, according to best-selling motivational author Jon Acuff. Read more...
21 Feb Trimble, Digi Team to Monitor Refrigerated Freight Trimble Inc. will collaborate with Digi International, a global provider of Internet of Things connectivity products and services, to allow Trimble fleet customers to use Digi’s SmartSense application on refrigerated trailers, according to a joint press release. Read more...
21 Feb Expeditors Posts Record Profit, Revenues in 2018 Expeditors International of Washington Inc. saw revenues shoot up 18% for both the final quarter of 2018 and the fiscal year, a record-setting accomplishment which company officials attributed to growing but volatile volumes in ocean and airfreight. Read more...
21 Feb Opportunity Exists for Advancing Autonomous Vehicles Bill This Congress, Sen. John Thune Says Legislation aimed at popularizing the use of autonomous vehicles in commercial and commuter settings is gaining supporters in the Senate, signaling its consideration possibly as early as this spring. Read more...
21 Feb Nation’s Ports Off to a Strong Start to 2019 as Trade Talks Continue The nation’s major ports finished 2018 setting monthly and yearly container volume records, and industry experts said 2019 is off to a strong start as shippers continue to import and export goods as critical trade negotiations between the United States and China continue. Read more...
21 Feb Nissan Downgraded on Weak Profit Outlook Nissan Motor Co. took another hit as the automaker’s debt rating was cut on concerns the next two years will be marked by slowing sales and a preoccupation with cleaning up after the scandal involving Carlos Ghosn. Read more...
21 Feb US Tariffs Could Wreak Havoc on Auto Industry, Toyota President Says Toyota Motor Corp. President Akio Toyoda called on President Donald Trump to make a “careful and appropriate decision” on whether car imports to the United States are a national security threat, and potentially impose tariffs, to avoid possible ripple effects across the industry. Read more...
21 Feb US, China Crafting Foundation for Trade Deal, Source Says U.S. and Chinese negotiators are working on multiple memorandums of understanding that would form the basis of a final trade deal, according to a person briefed on the talks. Read more...