In May, US Employers Added Fewest Workers in Almost Six Years
Employers in May added the fewest number of workers in almost six years, reflecting broad cutbacks that may raise concern about U.S. growth and prompt Federal Reserve policymakers to put off an increase in interest rates.
June 3, 2016Wal-Mart Is Trying Out Drones in Its Warehouses
Inside a 1.2 million-square-foot Wal-Mart Stores Inc. distribution center near its Bentonville, Arkansas, headquarters, a buzzing sound — like a swarm of bees — comes from an aisle of shelves laden with merchandise from diapers to microwaves.
June 3, 2016Big G Buys Flatbed Carrier Ike Transportation
Big G Express, based in Shelbyville, Tennessee, is diversifying by adding regional flatbed carrier Ike Transportation, based in nearby Murfreesboro, for an undisclosed amount.
June 2, 2016Schneider Acquires Watkins & Shepard and Lodeso to Expand Services
Truckload carrier Schneider announced the acquisition of less-than-truckload specialist Watkins & Shepard and final-mile delivery carrier Lodeso to expand the buyer’s service portfolio.
June 2, 2016Residents Return to Canadian Oil-Sands Town Devastated by Wildfires
Residents are returning home to Fort McMurray, the Alberta, Canada, oil-sands town devastated by wildfires last month. Many are counting on rebuilding efforts to give their trucking businesses a boost following a nearly two-year-long recession caused by the oil industry downturn.
June 2, 2016OPEC Decides Not to Set Cap on Oil Output
OPEC will stick to its policy of unfettered oil production after members failed to agree on a new output ceiling.
June 2, 2016Filings for Jobless Benefits Fall for Third Straight Week
Filings for U.S. unemployment benefits declined for a third consecutive week, signaling sustained firming in the labor market.
June 2, 2016Volvo Trucks Says Concept Vehicle Slashes Fuel Consumption by One-Third
Volvo Trucks announced that it has developed a new concept heavy-duty vehicle with support from the Swedish Energy Agency that offers almost one-third lower fuel consumption.
June 1, 2016VTNA Plans More Production Cuts in Early August
Volvo Trucks North America announced that it will cut production further in August as it adjusts to a period of reduced demand for its longhaul trucks.
June 1, 2016Ready for Roadcheck 2016? Online Tool From Stay Metrics Will Test You
With Roadcheck 2016 set for June 7-9, Stay Metrics and Luma have released a free online tire safety training module to help drivers prepare for the event.
June 1, 2016