Business

Business, Fuel

Oil Falls Most in Eight Weeks as Investors Avoid Risky Assets

Oil refinery Jonathan Alcorn/Bloomberg News

Crude posted the biggest decline in eight weeks as a risk-off sentiment spread through global markets. Futures tumbled 3% in New York on Oct. 11. Investors eyed a sixth day of U.S. equity losses along with heightened volatility.

Jessica Summers | Bloomberg News
October 11, 2018
Business, Technology, Logistics

Economy Puts New Demands on Logistics Firms, Surveys Find

Last-mile delivery A study zeroes in on the challenges of final-mile delivery. (XPO Logistics Inc.)

A robust economy is placing new demands on third-party logistics service providers, based on survey results from two long-running university-sponsored studies released at the Council of Supply Chain Management Professionals annual conference in Nashville, Tenn.

Daniel P. Bearth | Staff Writer
October 11, 2018
Government, Business, Technology, Autonomous

Podcast Debut: ‘RoadSigns’ Tackles Autonomous

RoadSigns podcast

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!

Transport Topics
June 11, 2018
Business, Top 100

Teamsters Ratify Five-Year Contract With UPS

UPS UPS Inc.

The International Brotherhood of Teamsters has ratified a new five-year contract with UPS Inc. for the company’s estimated 255,000 drivers and other employees who handle small freight.

Dan Ronan | Associate News Editor
October 11, 2018
Government, Business

Supreme Court Case Could Block Motor Carriers From Using Arbitration for Contractor Disputes

U.S. Supreme Court building Shutterstock

Legal observers said the outcome of a case before the U.S. Supreme Court could have major implications for the trucking industry.

Eric Miller | Staff Reporter
October 11, 2018
Business, Equipment

Wabash National Co-Founder Rodney Ehrlich Dies at 72

Rodney Ehrlich, Wabash National Corp. co-founder and chief technology officer, died Oct. 9. He was 72.

Marissa Gamache | Online Reporter
October 11, 2018
Government, Business, Technology, Equipment, Safety, Fuel

Four Democratic Representatives Seek IG Investigation of TTU Glider Study

TTU Glider Study Daimler Trucks North America gliders at a 2017 show. (John Sommers II for Transport Topics)

Four House Democrats have asked the Environmental Protection Agency Inspector General to investigate a glider truck study by a Tennessee Tech University researcher. The study already is the subject of a research misconduct investigation by the university.

Eric Miller | Staff Reporter
October 11, 2018
Government, Business

Fleets Hunt for Strategies to Lower Driver Turnover

Driver waits at Port Newark Aaron Showalter/Bloomberg News

Driver turnover is on pace to hit the highest annual rate in five years, but experts point to several ways carriers can limit the churn, including better hiring interviews, bonuses, expanded benefits, use of mobile freight apps and empathy when drivers are confronting hardship.

Roger Gilroy | Staff Reporter
October 11, 2018
Government, Business, Technology, Safety, Autonomous

Senate Autonomous Bill Negotiations Continue After Heated Confirmation Fight

Autonomous vehicles on road concept Shutterstock

Senators are negotiating safety provisions in an autonomous vehicles bill that proponents insist could advance before lawmakers leave Capitol Hill ahead of the midterm elections next month.

Eugene Mulero | Staff Reporter
October 11, 2018
Business, Equipment

September Class 8 Sales Jump as Parts Move in Supply Chain

Freightliner Cascadia 2018 Freightliner Cascadia. (John Sommers II for Transport Topics)

U.S. Class 8 retail sales in September reached 23,648, the second-highest total of the year, WardsAuto.com reported. It was a sign that persistent supply chain woes had loosened enough for truck makers to bring down a backlog of partially built trucks and send them off to fleets and dealers, analysts said.

Transport Topics
October 11, 2018
Business, Logistics

CSCMP Honors Innovators at Annual Supply Chain Conference

An effort by a team of data scientists at Intel to use artificial intelligence and cognitive computing tools to identify supply chain threats earned the top award for innovation at the 2018 Council of Supply Chain Management Professionals annual conference in Nashville, Tenn. on Oct. 3.

Daniel P. Bearth | Staff Writer
October 11, 2018

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