31 Jan UPS Exceeds Expectations With Strong 4Q Earnings UPS Inc. reported fourth-quarter earnings that beat Wall Street expectations, the package delivery company reported Jan. 31. Read more...
31 Jan Editorial: Trucking Has It Down Cold A polar vortex can slow a lot of folks down. But you can count on the trucking industry. Read more...
31 Jan C.R. England, Cargo Transporters Raise Driver Pay C.R. England Inc. is boosting pay for solo and team drivers and driver trainers for the second time in eight months, and Cargo Transporters Inc. is giving a pay increase to its over-the-road and regional truck drivers. Read more...
31 Jan Amazon Sales, Profit Top Estimates as Retail, Advertising Soar Amazon.com Inc.’s sales and earnings in the busy holiday quarter beat analysts’ estimates, showing the world’s biggest web retailer can maintain rapid growth while improving profitability and fending off online competition from rivals such as Walmart Inc. Read more...
31 Jan Virginia Legislation Supports I-81 Tolling Virginia lawmakers have introduced legislation supporting a proposed plan for tolls along Interstate 81. Read more...
31 Jan Tesla’s Sales Top Expectations, but Earnings Disappoint Tesla on Jan. 30 reported fourth-quarter results that included better-than-expected sales — but its earnings supported CEO Elon Musk’s assertion from earlier this month that the electric-car maker has a “very difficult” road ahead in 2019. Read more...
31 Jan Growth in 2019, but Recession May Be on Horizon, Economist Says ATLANTA — Despite a generally strong economic performance in 2018, a global recession could be lurking in the shadows through 2019, a leading economist told attendees at the SMC3 Jump Start 2019 conference Jan. 30. Read more...
31 Jan Industry Groups Object to New Chassis Fees Taking Effect at Ports Transportation industry groups are criticizing a plan by some ocean carriers to begin seeking new administrative fees for cargo containers, known as “street turns.” The fees are set to take effect Feb. 4 and range from $30 to $75, depending on the carrier. Read more...
31 Jan Connecticut Makes Push Toward Electrifying Vehicle Fleet The Connecticut state Department of Motor Vehicles says less than a third of 1% of the state’s 2.9 million registered vehicles are electric, and lawmakers, clean energy advocates and labor and business groups say that ratio must drastically change for the state to hit its aggressive targets for pollution cuts. Read more...
31 Jan Texas Forms Self-Driving Car Task Force The Texas Department of Transportation is moving forward with the formation of a Connected and Autonomous Vehicle (CAV) Task Force, made up of membership from state and local governments, academia, TxDOT staff and the autonomous vehicle industry. Read more...