Coyote Logistics: Truckload Rates to Rebound
Despite a freight slowdown in the first half of 2019, shipper demand is at an inflection point, and spot-market truckload business will rebound in the fourth quarter, according to officials from Coyote Logistics, a UPS Inc.-owned third-party logistics company based in Chicago.
August 29, 2019EPA Seeks to Abandon Regulation of Methane Leaks From Oil Wells
The Trump administration is seeking to abandon regulations designed to stop methane leaks from oil and gas wells, a move opposed not just by environmentalists but even some energy companies that worry that it will undermine the appeal of natural gas as climate-friendly fuel.
August 29, 2019Florida Gov. Ron DeSantis Declares State of Emergency Ahead of Hurricane Dorian
Florida Gov. Ron DeSantis has issued an emergency declaration in preparation of Hurricane Dorian, giving state agencies license to waive certain commercial motor vehicle requirements.
August 29, 2019Deere Appoints New CEO
Deere & Co. is promoting John May to lead the tractor-making giant through a tough agricultural environment, with outgoing CEO Samuel Allen, 66, to stay on as chairman.
August 29, 2019ATA Chairman Barry Pottle Says Trucking Industry Must Attract Workers at Younger Ages
DENVER — Barry Pottle, the chairman of American Trucking Associations, said enhancing the industry’s public image and expanding its appeal to younger workers will be key to attracting the next generation of drivers and technicians.
August 29, 2019Used Truck Market in July Underscores Buyers Are Leaving
Sales of used Class 8 trucks under $50,000 continued to fall during July, which helped drive up the average sales price, but at the same time underscored certain buyers have exited the market, according to ACT Research.
August 29, 2019Buffett-Backed BYD Close to Battery Supply Deal With Audi
Volkswagen AG’s Audi luxury-car brand is in talks to add China’s BYD Co. as a supplier of batteries used in its premium electric vehicles, according to people familiar with the matter.
August 29, 2019Hydrogen a Climate Alternative for Steel
Steel could shed its reputation as a climate threat by using hydrogen instead of fossil fuels for as much as half of global output by 2050, according to BloombergNEF.
August 29, 2019GM Is Now Detroit’s Smallest Auto-Making Employer
General Motors Co. now employs fewer union-represented American workers than its domestic rivals for the first time since the United Auto Workers started organizing Detroit’s carmakers eight decades ago.
August 29, 2019US Goods-Trade Deficit Narrowed to Three-Month Low
The U.S. merchandise-trade deficit unexpectedly narrowed in July to a three-month low as exports picked up and imports declined.
August 29, 2019