Jobless Claims Fall More Than Expected to Four-Week Low
Filings for U.S. unemployment benefits fell more than expected to a four-week low, as the labor market tightens further following the end of a five-week government shutdown.
March 21, 2019Traders Place Bets on Rate Cut From Fed
Bond traders have a decent record when it comes to nailing the Federal Reserve’s path relative to official guidance. So while Chairman Jerome Powell says the policy rate is “in a good place,” history suggests his next move could align with what futures are showing — a rate cut.
March 21, 2019UK Trucker Shortage to Worsen After Brexit, Haulage Group Says
Brexit is set to exacerbate a chronic shortage of drivers among U.K. haulage companies, according to a study from the International Road Transport Union.
March 21, 2019World’s Most Valuable AI Startup Explores Automated Cars, Global Expansion
SenseTime Group Ltd., the world’s most valuable artificial intelligence startup, plans to sustain growth by expanding globally and diving deeper into arenas from autonomous cars to health care.
March 21, 2019Trump Suggests GM Should Sell Idled Ohio Auto Plant
President Donald Trump said March 20 that General Motors Co. should sell an idled plant in Lordstown, Ohio, or restart production. The company said it’s received inquiries about factory.
March 21, 2019How Positive Driver Engagement Is Turning The Corner On Safety
Over the past decade, despite a number of technological advances, commercial driver retention has not improved. Here are 6 steps for fleet managers to consider when building an “engaged” driver environment- that will set fleets up for keeping drivers long-term.
March 21, 2019New TMC Chairman Kenneth Calhoun Takes Reins, Thanks Predecessor
ATLANTA — Kenneth Calhoun is the new chairman of American Trucking Associations’ Technology & Maintenance Council, taking over the one-year leadership position at TMC’s closing banquet dinner during its annual meeting on March 20.
March 20, 2019TMC Honors Technicians, Executives as Industry Leaders
ATLANTA — Several trucking industry leaders were honored at American Trucking Associations’ 2019 Technology & Maintenance Council annual meeting awards lunch on March 20.
March 20, 2019Ford Plans $900 Million Bet on Michigan-Made Autos of Future
Ford Motor Co. plans to spend about $900 million and hire about 900 workers to build electric and self-driving vehicles in Michigan, while moving production of a small commercial van to Mexico from Europe.
March 20, 2019Court Dismisses ATA’s Lawsuit Against Rhode Island Truck Tolls
A federal judge has dismissed the trucking industry’s lawsuit against Rhode Island for its trucks-only tolling system.
March 20, 2019