Homebuilder Sentiment Reaches Three-Month High in August
Sentiment among American homebuilders unexpectedly increased to a three-month high as builders saw greater prospects for industry demand despite elevated material costs and shortages of labor and lots, according to data Aug. 15 from the National Association of Home Builders/Wells Fargo.
August 15, 20172017 National Truck Driving Championships Live Blog
Let this page be your what's-happening-right-now guide to NTDC 2017. Our live blog will capture photos, videos, tweets and latest headlines from the exhibit hall, press conferences and group sessions.
August 15, 2017Descartes Acquires MacroPoint for $107 Million in Cash, Stock Deal
Two major technological vendors to trucking have joined forces with the Aug. 15 announcement that Descartes Systems Group has acquired MacroPoint for $107 million in cash and stock.
August 15, 2017Volunteers Come Back to NTDC Every Year for the Love of It
ORLANDO, Fla. — Since 1992, Richard Gillespie has ensured his fellow volunteers at the National Truck Driving Championships have plenty of pens, notepads and clipboards to be able to keep score when judging a challenge.
August 15, 2017How Elon Musk and Cheap Oil Doomed the Push for Natural Gas Vehicles
The idea was nothing short of revolutionary: Convert the nation’s millions of trucks, buses and other commercial vehicles to run on natural gas instead of gasoline and diesel.
August 15, 2017Broad-Based Advance in Retail Sales Shows Solid Spending
U.S. retail sales advanced in July by the most this year, with widespread gains from department stores to building materials outlets that signal a robust start to consumer spending in the third quarter, according to Commerce Department figures released Aug. 15.
August 15, 2017Amazon’s Jeff Bezos Elected to Logistics Hall of Fame
Jeff Bezos, founder and CEO of Amazon.com, has been elected to the Logistics Hall of Fame.
August 14, 2017UPS Returns Manager Tool Launches in US
UPS announced that it will offer UPS Returns Manager, a free online tool that allows e-commerce merchants to customize return shipments.
August 14, 2017Navistar Ordered to Pay Milan $30.8 Million in Connection With Flawed Engines
Milan Supply Chain Solutions has has been awarded more than $30 million in civil damages from Navistar in connection with the sale of 243 Navistar International Prostars with Maxxforce engines.
August 14, 2017Medium-Duty Sales Keep Climbing in July
Medium-duty truck sales in July rose 4.9% year-over-year, posting gains in all but the Class 6 sector.
August 14, 2017