Business

One of the first projects for flatbed group Daseke Inc. since going public on Feb. 28 will be to create a stock ownership plan for more than 2,300 drivers in the corporation’s nine operating companies, Chairman and CEO Don Daseke said in an interview.

North American Class 8 orders in February hit a 14-month high as volumes cleared 23,000 and exceeded expectations, analysts said.

Truck and engine maker Navistar International Corp. reported fiscal first-quarter results that showed widening net losses, with the anemic North American new truck sales market causing most of the problems.

CSX Corp. appointed E. Hunter Harrison to its CEO post and, based on his success at other railroads, analysts predict he will turn the sprawling, underperforming, historic Class I railroad into one that is faster and more punctual, with better service and higher rates.

An appeals court has ruled that FedEx Ground Package System drivers working out of a terminal in Hartford, Connecticut, are independent contractors and not employees of the package carrier.

For-hire trucking added 10,600 jobs in February, while overall payrolls increased by 235,000, the Labor Department reported March 10.

California relaxed several rules on self-driving cars as the state tries to maintain its status as a leading test bed for the future of transportation.

Schneider National Inc. has agreed to a new multiyear agreement with CSX Transportation Inc., under which the railroad will continue to serve as one of the truckload and intermodal carrier's primary rail providers.

Mack Trucks' Granite model is the best-selling heavy-duty conventional straight truck in the United States, based on registrations of new commercial vehicles in 2016, according to the manufacturer.