07 May Michael Bills to Defend Title at N.C.’s ‘Super Bowl of Safety’ The Tar Heel State is set to test its top drivers at the North Carolina Truck Driving Championships hosted by the North Carolina Trucking Association. The competition will be held May 9-11 at the N.C. State Fairgrounds in Raleigh. Read more...
06 May Daseke Reports 32% Increase in 1Q Revenue to $433 Million Flatbed and specialized carrier Daseke Inc. reported May 6 that first-quarter revenue increased 32% to $433 million, compared with $327.6 million in the same period last year, but posted a decline in earnings due to increased investments. Read more...
06 May FMCSA’s Meal, Rest Break Ruling Withstands First Court Challenge A California court has dismissed a truck driver’s claims regarding the state’s meal-and-rest-break provisions, which the Federal Motor Carrier Safety Administration has determined are pre-empted by federal law. Read more...
06 May Diesel Climbs 0.2¢ to $3.171 The U.S. average retail price of diesel climbed 0.2 cent to $3.171 a gallon, as crude oil prices settled below $63 amid international tensions, the Department of Energy reported May 6. Read more...
06 May Trump Warns He Will More Than Double Tariffs on Chinese Imports President Donald Trump wrote in a May 5 tweet that he will dramatically increase tariffs on Chinese imports to 25% from 10%, starting May 10. Read more...
06 May Oil Rises as Middle East Tension Drowns Out Trump Trade Threats Oil recovered from early declines after President Donald Trump threatened to escalate his trade war with China but also dispatched warships to the Middle East in a warning to Iran. Read more...
06 May VW Said to Revive Push to Separate Peripheral Units Volkswagen AG is renewing efforts to sell minority stakes in non-core operations to streamline its business and focus on the main passenger-car brands, according to people familiar with the matter. Read more...
06 May Agreement Solidifies First Victory for Trump’s Attempts at ‘Infrastructure Week’ The April 30 meeting between President Donald Trump and congressional Democrats produced an agreement on a $2 trillion infrastructure package. The next step, which will occur within the next three weeks, is to discuss funding. Here's your Capitol Agenda look ahead at the week for trucking on Capitol Hill. Read more...
06 May J.B. Hunt to Add Drop-and-Hook Service J.B. Hunt Transport Services Inc. announced it will launch a trailer pool and drop-and-hook service, J.B. Hunt 360box, this summer. Read more...
06 May Haldex Adds New Product Lines Haldex announced an array of product unveilings May 2, including its new line of Midland 3IN1 ConnectSets. Read more...