CVSA Complains of Too Many FMCSA Regulatory Exemptions
Federal trucking regulators are exempting too many motor carriers from electronic logging device requirements and other regulations, creating “confusion and inconsistency in enforcement,” according to the organization representing roadside commercial vehicle inspectors.
January 3, 2019Driver Turnover Falls at Large TL Carriers
The third-quarter turnover rate at large truckload carriers fell 11 percentage points to 87%, marking its lowest point since the first quarter of 2017 when it was 74%, American Trucking Associations reported.
January 3, 2019China Said to Be Back for US Soy as Trade Talks Scheduled
China is back in the market for U.S. soybeans after taking a holiday break as Washington and Beijing plan more trade discussions.
January 3, 2019Factory Gauge Tumbles by Most Since 2008 as Orders Cool
A gauge of U.S. manufacturing plunged last month by the most since October 2008, a fresh sign of deceleration in the economy amid global strains across the sector. U.S. stocks extended declines and Treasury yields fell after the report.
January 3, 2019Firms Hired Most Workers Since Early 2017, ADP Research Says
Companies added the most workers in almost two years to U.S. payrolls in December, exceeding forecasts and signaling that the job market was solid as 2018 came to an end.
January 3, 2019Economists See No Repeat for Strong 2018 Job Gains
The final report for 2018 is forecast to show employers added 180,000 jobs in December to cap a 2.45 million annual increase, the most since 2015 — but the monthly estimate is the lowest median projection since last January.
January 3, 2019Jobless Claims Hit Four-Week High Amid Federal Shutdown
Filings for U.S. unemployment benefits rose to a four-week high at year’s end, amid holidays that tend to make the figures more volatile and a partial government shutdown that may have spurred federal workers to request funds.
January 3, 2019Capitol Agenda for the Week of Jan. 2: An ‘I’ for an ‘I’
Infrastructure funding is once again in danger of being overshadowed by another "I" word in Washington. Here's the week ahead for trucking on Capitol Hill.
January 2, 2019Global Factory Slump Adds to 2019 Central Bank Challenges
Manufacturing gauges across the world’s largest economies stumbled at the end of last year, starting 2019 with fresh challenges for global growth and central banks.
January 2, 2019Half a World Away, Drivers, Students and Teacher Still Come Together
Bob and Linda Caffee connected six years ago with teacher Stephanie Derrien-Guivarch, an English teacher in Saint-Malo, France. Their experience has been life-changing.
January 2, 2019