An unexpected decline in May factory output after the biggest gain in three years shows U.S. manufacturing is leveling off, Federal Reserve data showed June 15.
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Automated driving technology holds the potential to bring revolutionary gains in safety and productivity to the trucking industry. But how far will automation go? And how quickly will it happen? No one really knows what the future holds, and many factors could help or hinder the advance of automation in trucking, but I do think it would be helpful to consider a projected timeline. So I’ll take a crack at it.
The U.S. job market continues to show signs of strength, as the number of Americans filing for unemployment benefits fell to a three-week low, according to Labor Department data released June 15.
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As the trucking industry moves toward more advanced automated driving technologies, drivers are viewing this trend with a mixture of optimism and trepidation.
Marten Transport will do a stock split July 7 after a vote from the company’s board of directors on June 15.
John Sommers II for TT
The Trump administration has yet to agree on how to fund a portion of a $1 trillion, 10-year infrastructure plan expected to be unveiled this fall, the country’s top transportation officer told House funding leaders on June 15, a week after the White House hosted infrastructure-centric events around the country.
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The mayors of Los Angeles and Long Beach signed an agreement June 12 directing the nation’s largest port complex to reduce air pollution by moving toward zero-emission trucks and yard equipment.
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The Maersk Shanghai slipped into Government Cut before dawn June 14 and headed to its berth at PortMiami, becoming the largest containership to ever call at a Florida port.
ArcBest Corp. released second-quarter results through May in its less-than-truckload and third-party logistics divisions with strong results in most categories.
Kenco Group has appointed Denis Reilly president and CEO to succeed Jane Kennedy Greene, who will remain chairwoman of the board of directors.
Nu Skin Enterprises, a billion-dollar company, reached a deal with XPO Logistics to handle its global transportation and logistics needs.
Southern ports are experiencing a record foreign trade boom thanks in part to an expanded Panama Canal that permits Asian cargo ships to reach them more easily.
Georgia Ports Authority/Stephen B. Morton
A greater-than-expected deceleration in U.S. consumer-price inflation in May could give some pause to Federal Reserve officials as they consider further interest-rate increases, Labor Department figures showed June 14.
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U.S. retail sales fell in May by the most since the start of 2016, reflecting broad declines in categories such as motor vehicles and electronics, Commerce Department figures showed June 14.
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Trailer orders pushed toward 18,000 in May, rising 24% and exceeding expectations, ACT Research Co. reported.
Automakers — and aspiring automakers — are seeking permission to put more experimental self-driving cars on the road to speed their development.
As commercial trucks become increasingly connected to the internet, concerns about vehicle cybersecurity are growing, particularly with the trucking industry continuing its push toward more advanced automated driving systems.
As truck makers and tech companies continue to develop automated driving systems for commercial trucks, the federal government is taking early steps toward creating a regulatory framework for this technology.
Oil slipped to the lowest since November as weaker demand at the start of the summer driving season led to another increase in gasoline stockpiles.
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Technology and communications provider Trimble Inc. has added another company to its transportation segment with the June 9 acquisition of Innovative Software Engineering, a supplier of telematics systems, including electronic logging devices.