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Senate Passes Measure to Avoid Rail Strike
Moving quickly to help avert a rail workers strike that would have cost the national economy an estimated $2 billion per day, the U.S. Senate on Dec. 1 advanced a tentative labor agreement between railroads and their employees.
ATA Truck Tonnage Index Up 2.8% in October
Truck tonnage in October increased compared with year-ago levels but declined on a month-to-month basis, a sign that the freight market is reacting to economic and consumer trends, American Trucking Associations said.
October Class 8 Sales Show Broad Gains Over Year Earlier
U.S. Class 8 retail sales in October improved 34.5% compared with a year earlier, Wards Intelligence reported as all but one truck maker notched higher sales.
September Tonnage Rises 5.5% Year-Over-Year
Truck tonnage in September increased 5.5% when measured against the same month a year ago, and on a sequential basis it rose 0.5% from August, according to American Trucking Associations.
Nikola Founder Trevor Milton Guilty of Defrauding Investors
Nikola Corp. founder Trevor Milton was convicted of fraud Oct. 14 for misleading investors in the electric truck company.
September US Class 8 Retail Sales Stay Strong
U.S. Class 8 retail sales in September were nearly 23,000 and reached the second-highest total this year, Wards Intelligence reported.
Senate Confirms Hutcheson as FMCSA Administrator
Robin Hutcheson, President Joe Biden’s nominee to lead the Federal Motor Carrier Safety Administration, was easily confirmed by the U.S. Senate on Sept. 22.
Federal Judge Strikes Down Rhode Island Truck Tolling Plan as Unconstitutional
A federal judge struck down as unconstitutional a truck tolling plan by the Rhode Island Department of Transportation that was challenged in a lawsuit by American Trucking Associations as specifically aimed at motor carriers traveling through the state.
Truck Tonnage in August Surges 7.4% Year-Over-Year
Truck tonnage in August surged 7.4% when measured against the same month a year ago, and on a sequential basis it rose 2.8% from July, according to American Trucking Associations.
Rail Strike Averted as Unions Agree to Deal
A deal has been reached between union workers and six Class I railroads, averting a threatened strike that could have snarled the nation’s freight and passenger rail service.