Tonnage Up 2.6% in February
Truck tonnage in February rose 2.6% when compared with year-ago levels, according to American Trucking Associations.
March 24, 2020US-Mexico Border to Close; Trade Will Keep Moving
Following similar action along the Canadian border, the White House has closed the United States’ border with Mexico to nonessential traffic, but is exempting trade and commerce from the ban.
March 20, 2020US to Close Canadian Border; Trade Not Affected
The duration of a temporary ban on nonessential travel between the United States and Canada could be a month, President Donald Trump told reporters at the White House on March 18.
March 18, 2020Amazon to Hire 100,000 to Help Meet Coronavirus-Related Order Spike
Amazon .com will hire 100,000 people — and give U.S. workers a $2-an-hour raise — in an effort to meet crushing demand from customers placing online orders for household essentials rather than going to crowded stores.
March 16, 2020FMCSA Issues HOS Relief for Coronavirus Assistance
The Federal Motor Carrier Safety Administration has relaxed certain hours-of-service regulations for motor carriers involved in coronavirus-related relief efforts.
March 14, 2020Class 8 Truck Sales Fall 22.1% in February
Class 8 U.S. retail sales in February dropped 22.1% to 15,460 compared with a year earlier, WardsAuto. com reported.
March 11, 2020UPS Names Next CEO; Tomé to Succeed Abney
UPS Inc. on March 12 announced a leadership succession plan that named former Home Depot Chief Financial Officer Carol Tomé as the company’s next CEO, succeeding David Abney.
March 11, 2020January Tonnage Up 0.8% Compared to 2019
Truck tonnage on a seasonally adjusted basis rose 0.8% in January compared with year-ago levels, according to American Trucking Associations’ For-Hire Truck Tonnage Index, which was released Feb. 18.
February 18, 2020Class 8 Sales Tumble in January as Fleets Grow More Cautious
Class 8 U.S. retail sales in January dropped below 16,000 for the first time since January 2018, WardsAuto .com reported, as a cautious industry waited to see what changes in the freight environment.
February 12, 2020Volkswagen's Traton Unit Submits Buyout Offer for Navistar
Navistar International Corp. said it has received an unsolicited buyout offer from its European truck partner Traton SE — which is owned by Germany’s Volkswagen AG — in a $35 per share cash offer.
January 30, 2020