Lower Your Fleet Insurance Costs with Video Telematics
In its latest survey on the top issues confronting trucking, the American Transportation Research Institute (ATRI), identified rising insurance as an emerging issue. Since 2013, per ATRI data, fleets surveyed have been walloped by insurance premium costs that have jumped over 17%.
November 5, 2020EPA Recognizes 75 Freight Industry Leaders for Environmental Performance
The U.S. Environmental Protection Agency honored 75 carriers, logistics providers and freight shippers with its annual SmartWay Excellence Awards.
November 5, 2020Amazon Announces First Air Cargo Expansion Outside US
Amazon .com Inc. is launching air cargo operations in Europe, the online retailer’s first such expansion outside of the U.S. as it looks to bring more freight operations in-house.
November 5, 2020Congressional Transportation Leaders Win Re-Election
For the top transportation decision-makers on Capitol Hill up for re-election, a majority of voters responded favorably to their campaigns, sending them back to Washington to work on an agenda that includes an update of the country’s highway and infrastructure policies.
November 5, 2020751,000 Seek US Jobless Benefits as Virus Weighs on Economy
The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting jobs in the face of the accelerating pandemic.
November 5, 2020Class 8 Orders Spike in October
Preliminary net Class 8 orders for October, typically a bellwether month, were nearly 40,000 and the highest in 24 months, ACT Research reported.
November 5, 2020VW CEO Diess Says Existential Electric Race Awaits After Pandemic
Volkswagen AG CEO Herbert Diess vowed to pursue a sweeping transition to electric cars, declaring it a matter of survival even as the coronavirus risks upending business in the near term.
November 5, 2020Volvo Plans to Sell First Heavy-Duty Electric Trucks in December
Volvo Trucks North America announced it will begin selling its Volvo VNR Electric model Dec. 3 as production at its New River Valley manufacturing plant in Dublin, Va., is slated for early 2021.
November 5, 2020CVSA Issues Bulletin to Mitigate False Inspection Violations From ELD Data Transfers
Technical issues that have been causing problems with the transfer of data from electronic logging devices to equipment used by roadside inspectors to check drivers’ hours-of-service records are the subject of a bulletin issued by the Commercial Vehicle Safety Alliance and are being studied by a pair of industry vendors.
November 5, 2020Stocks, Bonds Rally as Election Bets Retooled
After a wild election night sowed confusion across U.S. markets, investors frantically bid up stocks Nov. 4, sending major averages to the biggest rallies in five months, as they grew more confident that the tightly contested outcome would ensure key elements of the bull market remain intact for years to come.
November 4, 2020