Jobless Claims Fall to Two-Month Low
Filings for U.S. unemployment benefits have fallen to a two-month low, suggesting the labor market remains healthy in data reflecting revisions going back to 2014.
March 28, 2019Trump Asks OPEC to Increase Oil Output to Keep Prices in Check
President Donald Trump renewed his criticism of OPEC, saying the cartel should increase production because prices are getting “too high.”
March 28, 2019ZF Signs Definitive Agreement to Acquire Wabco
ZF Friedrichshafen AG, a global supplier of mobility systems for commercial vehicles, passenger cars and industrial technology, announced it has entered into a definitive agreement to acquire Wabco Holdings Inc. for $7.1 billion, or $136.50 per share.
March 28, 2019Cab Comfort Crucial to Retaining Drivers, TMC Panel Says
ATLANTA — Providing a comfortable and safe environment in truck cabs is critical when it comes to retaining and recruiting drivers. That was the main conclusion at a roundtable discussion called: “Spec’ing the Cab & Sleeper for Driver Comfort and Safety,” which was held at American Trucking Associations’ Technology & Maintenance Council annual meeting March 19.
March 28, 2019Norfolk Southern Breaks Ground on Atlanta HQ
Railroad giant Norfolk Southern held a ceremonial turning of dirt March 26 to mark construction of the company’s new Midtown Atlanta headquarters, but the process of moving personnel from Virginia to Atlanta already is underway.
March 27, 2019Perimeter Solutions Acquires Idaho-Based Fire Response and Transportation Firms
Perimeter Solutions, a St. Louis company that produces fire retardants and provides services to firefighting agencies, has purchased a group of companies in Post Falls, Idaho, that includes First Response Fire Rescue, River City Fabrication and H&S Transport.
March 27, 2019Executive Perspective: Capacity Matching Hype vs. Reality
Last year, the first-ever capacity matching co-op was launched to empower Brokers and 3PLs with a new competitive advantage. The adoption, success and feedback’s a story you’ll want to hear. We’re inviting you to join Shawn McLeod from Axle Logistics and Brian Hodgson from Descartes as they discuss the value delivered from a capacity matching network.
March 27, 2019Ryder Appoints Scott Parker to Top Financial Post
Ryder System Inc. announced the appointment of Scott Parker as chief financial officer.
March 27, 2019Canadian Company Aims to Add Sobriety Tests to Steering Wheels
A Canadian company that makes alcohol-detection devices attached to steering wheels of school buses hopes to expand to North American trucking companies.
March 27, 2019Manhattan Drivers Could Be Facing $11.52 Toll to Drive City Streets
London did it. So did Singapore and Stockholm. Now New York may be coming around to congestion pricing.
March 27, 2019