Convoy Creates Method for Drivers to Book Multiple Loads at Once
Digital freight broker Convoy announced Automated Reloads, an app-based program that allows drivers to book multiple loads of freight at one time.
June 27, 2019VW Board Puts Ford Alliance on Agenda for July Meeting
Volkswagen AG’s supervisory board plans to discuss and possibly approve next steps toward expanding an alliance with Ford Motor Co. when it meets in two weeks, according to people familiar with the matter.
June 26, 2019Oil Reaches 5-Week High on Biggest Drop in Stockpiles Since 2016
Oil rose to a five-week high as a huge drop in U.S. crude inventories bolstered the outlook for demand. Futures in New York climbed 2.7% June 26 after the U.S. Energy Information Administration said domestic stockpiles fell by 12.8 million barrels last week.
June 26, 2019Philadelphia Refinery Wrecked by Fire Set to Close
The biggest refinery on the East Coast will shut down, after a massive explosion and fire crippled operations at a site that has helped fuel the region for 153 years.
June 26, 2019Unmanned Starsky Robotics Truck Navigates Florida Expressway
Automated truck technology startup Starsky Robotics successfully completed its first unmanned test drive on a public highway June 16.
June 26, 2019Goods-Trade Deficit Widens as Levies Rise on Chinese Items
The U.S. merchandise-trade deficit widened in May to a five-month high amid a surge in imports after President Donald Trump’s decision to increase levies on $200 billion of items from China.
June 26, 2019Tesla Must Go ‘All Out’ to Set Deliveries Record, CEO Elon Musk Says
Tesla Inc. could be on the verge of a quarterly record for vehicle deliveries, though the electric carmaker will need to go “all out” in the last few days of the month, CEO Elon Musk wrote in an internal memo.
June 26, 2019Trump Vows More Tariffs if No Progress Is Made on Trade Deal
President Donald Trump said substantial additional U.S. tariffs would be placed on goods from China if no progress on a trade deal is made after his meeting with Chinese counterpart Xi Jinping at the G-20 Summit in Japan.
June 26, 2019Formerly of Alaska, Becky Nelson Scorches Record Florida Field to Win Grand Champion Title
This year’s Florida Truck Driving Championships welcomed a record 279 competitors. Grand Champion Rebecca “Becky” Nelson of FedEx Express outdrove them all.
June 26, 2019Surging Corn Prices Put US Wheat Back in the Feed Trough
A looming shortfall in U.S. corn production after a historical spat of wet weather means wheat is back on the menu at cattle feedlots in the southern Plains.
June 26, 2019