The U.S. budget deficit grew to $779 billion in Donald Trump’s first full fiscal year as president, the highest since 2012 amid tax cuts and spending increases.
October 15, 2018Business
Government, Business
Olivier Douliery/Tribune News Service
Budget Deficit in Trump’s First Fiscal Year Highest Since 2012
Olivier Douliery/Tribune News Service
Government, Business
Department of Homeland Security
New Committee on Human Trafficking Includes Trucking Voice
Department of Homeland Security
Transportation Secretary Elaine Chao has appointed 15 people, including representatives of the trucking industry, to serve as members of the new Advisory Committee on Human Trafficking.
October 15, 2018Government, Business, Technology, Autonomous
Podcast Debut: ‘RoadSigns’ Tackles Autonomous
Welcome to the inaugural episode of Transport Topics' new podcast: RoadSigns. Our debut episode focuses on how the trucking industry’s steady and ongoing development of autonomous technology may someday affect truck drivers. Click to listen!
June 11, 2018
Business, Top 100
UPS Inc.
UPS Announces Hiring Blitz for Holiday Shipping Season
UPS Inc.
UPS Inc. plans to hire as many as 40,000 seasonal employees nationwide when it holds a one-day hiring blitz, the package delivery giant announced Oct. 15. UPS will hold 170 job fairs Oct. 19 and hire employees on the spot.
October 15, 2018
Government, Business, Technology, Equipment
Among the Daimler lineup of medium- and light-duty trucks at this year's IAA Truck Show were battery-electric models. (Joe Howard/Transport Topics)
Medium-Duty Trucks Ready for Battery-Electric Urban Deliveries, NACFE Report Says
Among the Daimler lineup of medium- and light-duty trucks at this year's IAA Truck Show were battery-electric models. (Joe Howard/Transport Topics)
Medium-duty commercial battery-electric vehicles are a viable alternative to diesel and gasoline-powered Classes 3-6 trucks in urban settings where the freight haul is less than 100 miles, according to a new guidance report from the North American Council for Freight Efficiency.
October 15, 2018
Business, Top 100
John Sommers II for Transport Topics
Element Sells Stock, Winds Down Investment in Celadon Joint Venture
John Sommers II for Transport Topics
Element Fleet Management Corp. has sold 45 million shares of stock to a group of banks and investment firms for $300 million and will use the net proceeds to pay down debt and implement a plan to “meaningfully” improve the company’s financial performance and position the business for growth.
October 15, 2018
Business
Charlie Riedel/Associated Press
Sears Files for Chapter 11 Bankruptcy Amid Plunging Sales, Massive Debt
Charlie Riedel/Associated Press
NEW YORK — Sears filed for Chapter 11 bankruptcy protection Oct. 15, buckling under its massive debt load and staggering losses. The question now is whether a smaller version of the company that once towered over the American retail landscape can remain viable or whether the iconic brand will be forced out of business
October 15, 2018
Government, Business
Brynn Anderson/Associated Press
Retail Sales Gain Weak 0.1% in September
Brynn Anderson/Associated Press
WASHINGTON — U.S. consumer spending edged up a slight 0.1% in September, a disappointing performance in which rebounding auto sales were offset by weakness in other areas.
October 15, 2018
Business, Technology, Equipment, Safety
PSI's Tim Musgrave talks with line workers Trina Smith (left) and Vanessa Munez. “Without these guys, we’re nothing,” he says of the production staff in San Antonio. (Tom Berg for Transport Topics)
PSI Marks Silver Anniversary by Looking Back, Ahead
PSI's Tim Musgrave talks with line workers Trina Smith (left) and Vanessa Munez. “Without these guys, we’re nothing,” he says of the production staff in San Antonio. (Tom Berg for Transport Topics)
It has been 25 years since a Texas family purchased the patent for a device that would keep truck tires inflated, a move that proved prescient.
October 15, 2018
Business, Logistics, Top 100
Universal Logistics Holdings Inc.
Universal Expands Drayage Business With Purchase of Specialized Rail Service
Universal Logistics Holdings Inc.
Universal Logistics Holdings expanded its intermodal drayage business in the western United States with the purchase of Specialized Rail Service Inc. for $12.3 million.
October 15, 2018
Government, Business
Andrew Harrer/Bloomberg News
USPS Proposes Price Hike for Parcel Packages, Stamps
Andrew Harrer/Bloomberg News
The sticker price of parcel packages and first-class stamps will rise if the U.S. Postal Service has its way, with delivery prices for packages weighing more than one pound increasing 9.3%.
October 12, 2018Pages
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