01 Mar Tesla Pushes Cheaper Cars, Will Move Sales Online and Close Most Stores Tesla said Feb. 28 it will close “many” of its stores and shift to online-only sales after announcing that its long-awaited $35,000 Model 3 is available for purchase. Read more...
01 Mar Consumer Spending Fell Sharp 0.5% in December WASHINGTON — U.S. consumer spending tumbled 0.5% in December, the biggest decline in nine years, as the holiday shopping season ended in disappointment. Meanwhile, incomes rose sharply in December but edged down in January. Read more...
01 Mar AI in Trucking The terms artificial intelligence and automation pepper discussions about the transportation industry’s future, often closely followed by mentions of autonomous vehicles. But while self-driving trucks are still in their infancy, AI already is influencing the back office’s digital transformation. Read more...
01 Mar AI and Trucking’s Future Workforce As artificial intelligence grows more sophisticated and becomes increasingly accessible to businesses of all types, it will usher in significant changes across a broad spectrum of industries, including freight transportation. Read more...
01 Mar Survey: US Manufacturing Grows at Slower Pace in February BALTIMORE — American manufacturers expanded at a slower rate in February, as the pace of new orders, production and employment each slipped. Read more...
01 Mar ATA Touts Introduction of Interstate Driving Legislation American Trucking Associations has strongly praised the introduction in the 116th Congress of a bill designed to facilitate interstate driving for truckers younger than 21. Read more...
01 Mar How the Cobalt Market Fell Victim to Allure of Electric Cars Cobalt prices were surging so much last year that thieves were carrying out elaborate heists at warehouses in Europe’s busiest port. Now, prices are in free fall, and mining companies are taking the financial hit. Read more...
01 Mar Pinpointing ETAs With shippers and receivers demanding tighter delivery windows, trucking companies are utilizing a range of technologies to more accurately predict when drivers will arrive at destinations. Read more...