Peterbilt Truck Celebrates Canada’s 150th Anniversary
Peterbilt will produce a Model 389 Canadian 150th Anniversary edition to salute Canada’s history using distinctive styling and exclusive Canadian features, the truck manufacturer said.
April 20, 2017USA Truck Names Jason Bates as New Chief Financial Officer
USA Truck Inc. appointed Jason Bates on April 19 to become the company’s next chief financial officer, plucking away Swift Transportation’s vice president of finance.
April 20, 2017Carrier Transicold to Acquire Impco Product Lines
Carrier Transicold signed an agreement to acquire select road and rail transport product lines from the Impco Technologies unit of Westport Fuel Systems Inc., including Westport’s ComfortPro auxiliary power unit.
April 20, 2017‘Warning Signs Are Getting Darker’ for the US Economy, Says CEO of World’s Largest Money Manager
Laurence Fink, CEO of BlackRock Inc., said the lackluster growth of the U.S. economy and uncertainty around the Trump administration’s ability to quickly pass key reforms pose a risk to markets.
April 20, 2017Jobless Claims Rise While Benefit Rolls at 17-Year Low
Filings for U.S. unemployment benefits rose last week while total benefit rolls dropped to the lowest in 17 years, indicating the job market remains tight, a Labor Department report showed April 20.
April 20, 2017Profits Up at CSX, Down at Canadian Pacific in First Quarter
The rail freight carriers' earnings season began on a mixed note as profits rose 1.7% at CSX Corp. but plunged 20% at Canadian Pacific Railway in the first quarter compared with the same period in 2016.
April 19, 2017$28.7 Million in Cargo Stolen in First Quarter, CargoNet Says
Since Jan. 1, there have been 358 reported supply chain risk incidents in the United States and Canada, according to data from CargoNet.
April 19, 2017Freight Slows Slightly From February to April, Fed says
Growth in freight shipments slowed slightly between mid-February and the start of April, according to a Federal Reserve report.
April 19, 2017Georgia’s I-75 North Truck Lanes Deemed Wasteful in New Report
A $2 billion project that would lead to the country’s first longhaul truck-only lanes through nearly 40 miles along Interstate 75 in Georgia was categorized as wasteful in a new report by the U.S. Public Interest Research Group with the Frontier Group.
April 19, 2017Portland Opens Its Streets to Self-Driving Cars
Autonomous vehicles need to drive and drive and drive, vacuuming up hours of real-life encounters on the road to make their algorithms smarter and safer.
April 19, 2017