Business
Business, Equipment

VW Truck & Bus to Be Ready `Quickly’ for Capital Market Access

Dado Galdieri/Bloomberg News

Volkswagen AG is speeding up preparations for its heavy commercial-vehicle division to sell stock or debt on its own as the unit expands to compete with global leaders Daimler AG and Volvo AB.

Christoph Rauwald | Bloomberg News
April 17, 2018
Business

Factory Output Cools After Surging in Previous Month

Paul Taggart/Bloomberg News

U.S. factory production cooled in March after surging a month earlier, representing a pause in an otherwise strong manufacturing sector, Federal Reserve data showed April 17.

Katia Dmitrieva | Bloomberg News
April 17, 2018
Government, Business

Mississippi House Speaker Proposes Diversions, Tax Swap to Fund Infrastructure

Mississippi House Speaker Philip Gunn Speaker Gunn, whose plan would divert money to transportation projects over the next several years. (Mississippi Legislature)

Mississippi House Speaker Philip Gunn presented an infrastructure funding plan April 12 that would divert money to transportation projects over the next several years.

Eleanor Lamb | Staff Reporter
April 17, 2018
Business, Fuel

Diesel Jumps 6.1¢ to $3.104 a Gallon in Single Biggest Increase of Year

Fuel hoses David Acker/Bloomberg News

The U.S. average retail price of diesel jumped 6.1 cents — the largest single increase of the year — to $3.104 a gallon as oil climbed past $68 a barrel amid signs the supply glut is fading.

Roger Gilroy | Staff Reporter
April 16, 2018
Government, Business, Technology

Rhode Island Truck Tolls Delayed Until Late May

Truck at a Rhode Island toll booth HummelReport via YouTube

Rhode Island’s truck tolls have been postponed once again, this time until at least late May, a delay that is expected to cost $20 million in lost revenue.

Eleanor Lamb | Staff Reporter
April 16, 2018
Business

J.B. Hunt Reports Strong First-Quarter Revenue

J.B. Hunt Transport Services Luke Sharett/Bloomberg News

J.B. Hunt Transport Services reported first-quarter 2018 net earnings of $118.1 million, or $1.07 a share, up from $102.7 million, or 92 cents a share, in the first quarter of 2017. The Bloomberg analyst consensus forecast the carrier would report net income of $120.6 million, or $1.09 a share.

Burney Simpson | Staff Reporter
April 16, 2018
Business, Logistics, Top 100, Top 50

Mike Ducker to Step Down as FedEx Freight CEO on Aug. 15

Mike Ducker Bloomberg Finance LP

Mike Ducker will retire Aug. 15 as president and CEO of FedEx Freight after leading the group for four years, FedEx Corp. announced April 16. His successor will be named later.

Burney Simpson | Staff Reporter
April 16, 2018
Government, Business

Optimism Among Builders Slides for Fourth Consecutive Month

Construction Worker Getty Images

NEW YORK — Homebuilder confidence slid for the fourth consecutive month with steadily rising mortgage rates and sky-high home prices putting ownership out of reach for more Americans.

Associated Press
April 16, 2018
Government, Business

Trump Push for Quick NAFTA Deal Slowed by Division on Top Issues

Trump Olivier Douliery/Abaca Press/TNS

President Donald Trump’s push for a quick resolution to NAFTA talks is being stymied by persistent differences among the United States, Canada and Mexico over a handful of the make-or-break issues.

Eric Martin | Bloomberg News
April 16, 2018
Government, Business, Technology, Equipment, Safety

Capitol Agenda for the Week of April 16: Road to NTDC

2017 NTDC for Capitol Agenda, April 16, 2018 A driver gets ready to take the course during the 2017 National Truck Driving Championships in Orlando, Fla. (John Sommers II for Transport Topics)

The journey to crown this year’s top truck driver is officially underway. Elite truckers passionate about safety are focusing their talents at their state truck driving championships for a chance to qualify for the National Truck Driving Championships.

Eugene Mulero | Staff Reporter
April 16, 2018

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