Business

A strengthening labor market remains an engine for U.S. growth as the number of Americans filing for unemployment benefits dropped to the lowest since February, Labor Department data showed Aug. 17.

The cyberattack that befell FedEx Corp.’s TNT Express unit earlier this summer highlights an ever-increasing risk that many trucking fleets are up against — and which may not be insured under the typical coverages they carry, insurance industry experts say.

President Donald Trump is consistently falling short on his promise to modernize the country’s intricate infrastructure network, said the top Democrat on the House transportation panel.

Donald Trump said he’s disbanding two advisory groups of American business leaders, after CEOs quit this week as the president faced blowback for failing to sufficiently condemn white supremacists.

U.S. retail sales of Class 8 trucks rose in July, the first year-over-year gain since November 2015, amid reports carriers have begun expanding fleet size to meet rising demand now or to prepare for expected growth in 2018.

How will the ELD mandate affect fleets' bottom lines? On our Aug. 23 LiveOnWeb program 'The ELD Landscape Ahead,' TT Managing Editor/Features Seth Clevenger presented the perspectives of a regulator, a fleet executive and a logistics expert. Watch the replay.

The condition of the nation’s large bridges has improved over the last decade, but state transportation officials have faced challenges constructing or completing major projects on large bridges over the past five years, according to a new report by a congressional watchdog agency.

U.S. trucks moved more than 70% of the nation’s freight last year, and the companies that owned those vehicles employed 7.4 million people, according to a new publication from American Trucking Associations.

Two private equity firms are close to a deal that will transfer ownership of third-party logistics provider Transplace, probably by the end of September.