Consumer Confidence Rises; Stock Market Sell-Off Not Factored Into Survey
Consumer confidence climbed more than forecast in August, reaching the second-highest level in eight years on more favorable views of the labor market.
August 25, 2015More Efficient Equipment Could Boost Port Savings, Study Says
Energy-efficient port operations are expected to rise tenfold over the next 10 years as truckers use more natural gas-powered trucks and ports deploy more technology such as shore power to reduce fuel consumption, a new report says.
August 25, 2015Cargomatic Expands into New York Metro Area
Cargomatic, whose Web-based service matches shippers and truckers, has begun offering service in the New York metropolitan area.
August 24, 2015UPS Freight, Old Dominion Expand Illinois Terminals
Two major less-than-truckload operators have announced capacity expansion projects in northern Illinois.
August 24, 2015Averitt Boosts Driver Pay
Averitt Express has become the latest carrier to increase pay for truckload drivers.
August 24, 20154.6 Million Jobs Needed In Transportation Sector Over Next Decade, Report Says
Transportation sector employers, including those in the trucking industry, will need to hire and train more than 4.6 million workers to address market needs, employment turnover and retirements over a period from 2012 to 2022, a federal report unveiled Aug. 24 found.
August 24, 2015Wabco Wins New Business in China
Commercial component manufacturer Wabco announced several long-term supply agreements with JMCH, a truck manufacturer based in China that is expanding into the heavy-duty segment.
August 24, 2015US Motorists Drive Record 1.54 Trillion Miles in First Half of Year
U.S. motorists drove a record 1.54 trillion miles in the first half of 2015, beating the previous high of 1.5 trillion set in June 2007, according to new estimates released by the Federal Highway Administration.
August 24, 2015Con-way Freight Workers Reject Teamsters at Oregon Terminal
Con-way Inc. said the company defeated the Teamsters union's effort to organize workers at its Freight facility in Portland, Oregon, marking the latest defeat of labor organizing efforts at the less-than-truckload carrier.
August 24, 2015Daimler Cutting 1,500 Truck Jobs in Brazil as Demand Plunges
Daimler AG is eliminating 1,500 jobs at its Brazilian truckmaking division as demand for commercial vehicles in the country shows no sign of recovery.
August 24, 2015