29 Nov Editorial: Trouble on the Homefront for GM The Nov. 26 announcement from General Motors Co. that it plans to shut down five factories and lay off thousands of workers sent shock waves through the government and business communities, and with good reason. Read more...
29 Nov New York DOT Removes Controversial Highway Signs The New York State Department of Transportation completed ahead of schedule the removal of hundreds of the large blue tourism signs that line highways. Read more...
29 Nov Retail Federation Says Trucking Industry Has Enough Capacity to Meet Holiday Demand The National Retail Federation said the 2018 holiday shopping season is off to an excellent start, and the tight capacity of the trucking industry is not a factor so far as retailers have more than enough inventory in stock to carry them through the end of the year. Read more...
28 Nov Gasoline for Less Than $2 Available in 20 States After Oil’s Drop Gasoline prices below $2 a gallon can now be found in at least one gas station in 20 U.S. states, as the effects of the bear market in crude oil trickle down to motorists. Read more...
28 Nov Narcoleptic Truck Driver Seeks Exemption to Get Behind the Wheel An Illinois truck driver has filed a rare exemption request with the Federal Motor Carrier Safety Administration that he be allowed to drive a heavy truck in interstate commerce despite his medical condition that regulators say likely could cause a loss of consciousness or an inability to control a commercial vehicle. Read more...
28 Nov Nancy Pelosi Wins Democrats’ Nomination for Speaker as Opponents Fade Nancy Pelosi cleared the first hurdle to serve as House speaker by winning Democrats’ nomination Nov. 28, leaving her detractors one last opportunity to attempt to block her when the entire chamber votes in January. Read more...
28 Nov Stakeholders Again Call On Congress to Approve Long-Term Transportation Funding Stakeholders told the members of the Environment and Public Works Committee: The country’s transportation network is desperately in need of long-term federal funding assurances meant to improve freight and commuter connectivity, the result of which could boost the economy. Read more...
28 Nov Average Used Class 8 Costs More in October as Sales Climb The average price for a used Class 8 truck in October rose 11% year-over-year to $45,378 as buyers pushed sales 9% higher despite inventory levels that remained tight, ACT Research Co. reported. Read more...
28 Nov Volvo Will Monetize Autonomous Vehicles Before Driver Data, CEO Hakan Samuelsson Says Volvo CEO Hakan Samuelsson is betting his company will make more money selling connected, autonomous cars to consumers and robo-taxi fleets, rather than taking a cut of the higher margin business of selling data-driven services inside the vehicle. Read more...
28 Nov USPack Completes Integration of Rival Fleetgistics USPack, a same-day, final-mile delivery company, announced it had completed its brand integration of specialty same-day delivery provider Fleetgistics. The move is the latest in USPack’s efforts to develop its national network, according to a November press release. Read more...