08 Jan Job Openings Slip 3.4% in November to Still-Strong 6.9 Million WASHINGTON — U.S. job openings fell in November from the previous month, but the number of available positions remained healthy. Read more...
08 Jan Peterbilt Unveils Electric Medium-Duty Truck at CES LAS VEGAS — Peterbilt Motors Co. has unveiled an all-electric medium-duty truck, adding a third model to its emerging electric-vehicle lineup. Read more...
08 Jan Kentucky Trailer Acquires Majority Stake in CEI Custom trailer and truck body manufacturer Kentucky Trailer announced it has acquired a majority stake in CEI Equipment Co., a provider of aluminum feed transportation equipment. Read more...
08 Jan New Hire, Performance Strategy Spur Union Pacific’s Resurgence Union Pacific Corp. surged the most since 2009 after hiring a protege of railroading legend Hunter Harrison to guide the company’s shift to a new efficiency strategy. Read more...
08 Jan Opinion: What Shippers Can Expect in 2019 The year 2018 was a record one for freight markets. So what does 2019 have in store? Bob Farrell of GlobalTranz has some thoughts. Read more...
08 Jan Trump Lauds Progress After Day Two of Beijing Trade Talks President Donald Trump expressed optimism that U.S.-China trade talks in Beijing are progressing well, as Chinese authorities planned to give a statement after the latest round of negotiations. Read more...
08 Jan US Eagle Ford Growth Seen Stalling in 2019 on Lower Prices Drillers in the Eagle Ford, a Texas shale oil patch, likely will scale back activity in 2019 as lower crude prices eat into cash flows, according to consulting firm Rystad Energy AS. Read more...
08 Jan Oil Extends Longest Rally in 17 Months as Supplies Seen Tighter Oil extended its longest run of daily gains in 17 months on renewed efforts by the U.S. and China to reach a trade deal, and expectations the market will be tightened by OPEC’s output cuts. Read more...
08 Jan Beth Hendriks Named New Technology Chief at MercuryGate MercuryGate International Inc., an SaaS-based transportation management system solutions provider, has named Beth Hendriks its new CTO. Hendriks will begin on Jan. 14. Read more...
07 Jan Diesel Average Drops 3.5¢ to $3.013 a Gallon The U.S. average retail price of diesel dropped 3.5 cents to $3.013 a gallon, the U.S. Energy Information Administration reported Jan. 7, even as crude oil prices saw some renewed vigor and approached $50 per barrel. Read more...