Toyota Invests $391 Million in Texas as Trump, Abe Finalize Deal
Toyota Motor Corp. will invest $391 million at its Texas truck plant to build next-generation pickups as part of a drive to boost output in the U.S. and ease trade tensions with the Trump administration.
September 17, 2019NYC Congestion Pricing Encouraged by Transportation Group
New York’s congestion pricing plan should include fees on motorists both entering and leaving midtown Manhattan, as well as variable rates linked to peak and off-peak hours to encourage commuters to choose the least busy times to travel, a transportation group recommended.
September 17, 2019US Exporters Rely on Trucks to Meet Mexico’s Fuel Demand
U.S. exporters are increasingly relying on trucks to get fuel into Mexico as the country’s gasoline production sags and infrastructure constraints limit shipments from one coast to the other.
September 17, 2019TuSimple to Use New Funds for System Development, Route Expansion
Startup autonomous truck company TuSimple announced commitments from investors for an additional $120 million. These funds are part of an extended Series D round that was oversubscribed and reached a total of $215 million.
September 17, 2019Class 8 Sales Slide Lower in August
U.S. Class 8 retail sales in August slipped to 23,466, WardsAuto.com reported, and posted the first year-over-year decline in a little more than two years.
September 17, 2019Auto Plant Shutdowns Fuel Canada Factory Sales Drop
Sales at Canadian manufacturers declined for a second straight month, partly on shutdowns at auto and steel plants. Factory sales fell 1.3% in July, Statistics Canada reported Sept. 17 from Ottawa. That far exceeded the median forecast in a Bloomberg survey of economists, which called for a 0.1% decline. In volume terms, sales dropped 1.6%.
September 17, 2019Factory Output Rises More Than Forecast in Broad Gain
U.S. factory output increased in August by more than forecast in a broad advance that signals manufacturing may be starting to stabilize.
September 17, 2019Striking GM Workers, Union Far From Agreement
General Motors Co. and the United Auto Workers remain far apart in their talks over a new contract, according to the union’s top negotiator, making it less likely a strike called Sept. 15 will end within two days like a previous work stoppage did in 2007.
September 17, 2019Trimble Dives Deeper Into Data Analytics, Taps Langley to Lead Transportation Division
HOUSTON — Trimble introduced a broad range of new software features and product enhancements designed to help fleets gain more insights from the data in their systems and collaborate more closely with their shipper customers.
September 17, 2019Nebraska Construction Program Focuses on Freight Movement, Flood Recovery
The Nebraska Department of Transportation recently released its 2020 construction program, which includes plans for long-awaited improvements on major routes.
September 17, 2019