Truckmaker Volvo Gains After Profit Surge Offsets Order Slowdown
Volvo Group rose after a jump in first-quarter profit helped to quell fears that demand is weakening in key markets.
April 24, 2019Perspective: The Time Is Now for Blockchain in Transportation
In the transport and logistics sector, skepticism about blockchain remains, which means it’s important to note the advantages of blockchain but also clear up some possible misconceptions, says John Monarch of ShipChain.
April 23, 2019CEO Elon Musk Makes Self-Driving Technology Tesla’s Costly New Calling
Tesla Inc.’s calling used to be bringing affordable electric cars to the masses. Elon Musk is now ripping up the script, vowing to pair self-driving technology with a sharing service that will make it crazy for consumers to buy other cars.
April 23, 2019US House Hearing on Lawmakers’ Priorities Set for May 1
Concerns related to freight and commuter connectivity, pipelines and air travel will be among the themes the transportation panel of the U.S. House of Representatives is scheduled to address May 1.
April 23, 2019FedEx Freight’s Scott Osborne Back to Defend Mississippi Title
The Mississippi Trucking Association is gearing up to host its Truck Driving Championship on April 26-27 in Gulfport.
April 23, 2019UPS Sees Payoff From $20 Billion Tech Bet, but Investors Remain Wary
UPS Inc. is counting on algorithms you can’t see to prove that investors were wrong to doubt its three-year, $20 billion technological makeover. It’s all part of CEO David Abney’s bet on squeezing out costs and becoming more nimble as UPS adjusts to surging e-commerce deliveries.
April 23, 2019ASCE Pushes to Make Infrastructure Funding Congressional Priority
As Infrastructure Week inches nearer, the nation’s oldest engineering group is continuing its efforts to promote transportation funding legislation.
April 23, 2019ATA For-Hire Truck Tonnage Index Slips in March
American Trucking Associations’ seasonally adjusted For-Hire Truck Tonnage Index in March declined 2.3% after decreasing 1.5% in February.
April 23, 2019Alphabet’s Waymo to Revive Detroit Plant With Self-Driving Cars
Alphabet Inc.’s Waymo has picked an idled American Axle & Manufacturing Holdings Inc. facility in Detroit as the site where it will equip vehicles made by Fiat Chrysler Automobiles NV and Jaguar Land Rover Automotive with self-driving technology.
April 23, 2019Kohl’s Surges on Deal to Expand Amazon Ties in Return Policy
Kohl’s Corp. shares jumped the most in almost four months after the company said it will begin accepting returns for Amazon.com customers at all of its stores starting in July, expanding a program it started in 2017.
April 23, 2019