Consumer Spending Slows to 0.3% Gain in April
The Commerce Department said May 31 that consumer spending increased 0.3% in April after a 1.1% surge in March that had been the largest increase in nearly a decade. Personal income growth, which had been lagging in recent months, jumped 0.5% in April.
May 31, 2019Trump to Impose Tariff Until Mexico Stops Migrant Flood Into US
President Donald Trump said that he would impose a 5% tariff on Mexican goods until that country stops immigrants from entering the U.S. illegally.
May 30, 2019Sound, Vibration Data Can Predict Maintenance
Trucking maintenance software may soon be able to predict engine trouble long before it happens, as sensors and software become more advanced, experts said.
May 30, 2019Shipping and Trucking Industries Gearing Up for New 2020 Ocean Vessel Fuel Mandate
Six months before ocean vessels will be required to burn low-sulfur fuel, such as diesel used in trucks, a U.S. Department of Commerce advisory committee disclosed recommendations to mitigate potential fuel shortages and price spikes.
May 30, 2019Mack Defense Moves Ahead With Military Contract
JWF Defense Systems will provide the armored cab system for the M917A3 Heavy Dump Truck contract the U.S. Army awarded to Mack Defense, a unit of Volvo Group.
May 30, 2019Waymo Brings Self-Driving Trucks to Phoenix-Area Freeways
Google’s self-driving vehicle division is bringing autonomous trucks to the Phoenix area. Waymo announced May 29 that its self-driving tractor-trailers will start driving on freeways this week and will expand to more routes over time.
May 30, 2019FedEx Ground to Deliver Seven Days a Week to Satisfy Online Shoppers
FedEx Corp. announced the FedEx Ground unit will offer deliveries seven days a week for the majority of the U.S. population beginning in January to further serve the fast-growing e-commerce market.
May 30, 2019Democrats Push Ahead on New NAFTA in Spite of Trump-Pelosi Feud
Democrats are still holding out hope they can advance the replacement for NAFTA despite ongoing acrimony between President Donald Trump and Democratic congressional leaders, including House Speaker Nancy Pelosi.
May 30, 2019Navistar Agrees to Pay $135 Million in Suit Over MaxxForce Engines
Navistar International Corp. has agreed to settle a federal class-action lawsuit over the exhaust gas recirculation setups the company used on its previous MaxxForce 11-liter or 13-liter diesel engines, according to a news release from a law firm representing the plaintiffs.
May 30, 2019China Puts US Soy Buying on Hold as Tariff War Escalates
China, the world’s largest soybean buyer, has put purchases of American supplies on hold after the trade war between Washington and Beijing escalated, according to people familiar with the matter.
May 30, 2019