Payrolls Rise 228,000 While Wages Gain Less Than Forecast
The U.S. added more jobs than forecast in November and the unemployment rate held at an almost 17-year low, though below-forecast wage gains suggested the labor market still has slack to absorb.
December 8, 2017Technological Advances Entice Younger Drivers to Trucking Industry, Executives Say
WASHINGTON — Advances in automation, safety features and telecommunication are improving jobs for truck drivers, attracting a new generation of workers adept in user-friendly technologies, trucking executives told House lawmakers Dec. 7.
December 7, 2017Consumer Borrowing Increases by Most in Nearly a Year
U.S. consumer credit outstanding rose in October by the most since November 2016 on larger credit-card balances, Federal Reserve data showed Dec. 7.
December 7, 2017Replay: LiveOnWeb's 2017 Year in Review
What were the top trucking issues in 2017 and how will they shape 2018? In today's LiveOnWeb program, our experts ran through their lists and explained each item's significance. Spoiler alert: The ELD mandate makes the list. Watch the replay.
December 7, 2017Ohio Bus Drivers Fear Push Toward Self-Driving Vehicles Could Reduce Jobs, Safety
Central Ohio bus drivers are warning state lawmakers that the push for automated vehicles may lead to job losses and unsafe conditions.
December 7, 2017EPA Rebuffs Biodiesel Makers, Won’t Increase Minimum Production Level for 2019
Despite pressure from biodiesel producers to require greater minimum production levels of biomass-based diesel, the U.S. Environmental Protection Agency has stuck to its proposed plan to maintain the 2018 level of 2.1 billion gallons for 2019.
December 7, 2017FedEx and UPS Surge as Investors Pick Winners From Tax Overhaul
FedEx Corp. and UPS Inc. surged the most in more than a year Dec. 4 on expectations that they’ll reap particularly big gains from the tax-overhaul package making its way through Congress.
December 7, 2017Troubled ZF Friedrichshafen Appoints New Chairman; CEO Steps Down
German automotive and commercial vehicle supplier ZF Friedrichshafen AG announced Dec. 7 ZF CEO Stefan Sommer will step down immediately. Until a successor is appointed, deputy CEO Konstantin Sauer will assume the role of CEO on an interim basis.
December 7, 2017Fleets Seek Drivers as Turnover Rate Hits 95%
Driver turnover at large truckload fleets rose 5% in the third quarter to a 95% annualized rate, the highest churn since the end of 2015, according to American Trucking Associations.
December 7, 2017Trump to Discuss Renewable Fuel With Ethanol Critic Ted Cruz
President Donald Trump will confront the conflict between farm-state and oil-state Republicans over renewable fuel standards as he meets Dec. 7 with Texas Senator Ted Cruz, a leading critic of requirements for ethanol use, and other Republican lawmakers.
December 7, 2017