In Times of Trade War, Companies Get Creative to Avoid Tariffs
Facing the barrage of President Donald Trump’s tariffs, Steve Katz is ducking for cover in the trade-war version of a demilitarized zone.
August 10, 2018Americold Logistics Reports Improved Results in Second Quarter
Americold Logistics reported improved financial results for the second quarter with revenue from its temperature-controlled warehousing operations growing 2.8% and profit margins expanding by 150 basis points, or 1.5%, compared with the same period a year ago.
August 9, 2018Editorial: Driven — and Driving — to Win
Drivers, start your engines! It’s time once again for the National Truck Driving Championships, the annual competition where the skills of the nation’s best and brightest behind the wheel are put to the test. There are numerous individual categories in which drivers can take home a victory, but there can be only one Grand Champion. Who will it be this year?
August 9, 2018Daseke Reports Record 2Q 2018 Earnings, Increases Full-Year Outlook
Flatbed and specialized trucking company Daseke Inc. reported strong growth for the second quarter of 2018, as acquisitions the growing company made during the past 12 months propelled its financial results.
August 9, 2018Shipping Costs Surge, but Driver Pay Lags, Labor Data Shows
It’s the talk of corporate America: Shipping costs are surging.
August 9, 2018Why ELD-based Dashcams are the Future
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August 9, 2018Self-Driving Truck Startup Kodiak Secures $40 Million in Series A
Kodiak Robotics, founded in April by Don Burnette and Paz Eshel, said it has raised $40 million from a group of venture capital investment firms, including Battery Ventures, CRV, Lightspeed Venture Partners and Tusk Ventures.
August 9, 2018Transportation Secretary Elaine Chao Touts Department’s Approach to Autonomous Policy
An update of federal guidelines on autonomous technology that would encompass trucks, transit systems, infrastructure, cars and other modes of transportation will emphasize safety, the country’s top transportation officer said Aug. 8.
August 9, 2018Ford Aims to Be Major Player in Autonomous Technology
The autonomous technology gap between Ford Motor Co. and its rivals from Detroit and Silicon Valley can be measured in years. Yet even a company playing catch-up in the race to turn self-driving technology into high-margin businesses is drawing interest from outside investors, an indicator of just how much money is pouring in.
August 9, 2018US July Wholesale Prices Stagnated as Service Costs Fell
U.S. wholesale prices were unchanged in July as costs for services fell for the first time this year, a Labor Department report showed Aug. 9.
August 9, 2018