27 Sep US Economy Grew at Robust 4.2% Rate in Q2 WASHINGTON — The U.S. economy grew at a robust annual rate of 4.2% in the second quarter, the best performance in nearly four years, though economists believe growth has slowed in the current quarter partly because of a drag from trade Read more...
27 Sep Fed Raises Rates for Third Time This Year With One More Expected WASHINGTON — The Federal Reserve signaled its confidence in the U.S. economy Sept. 26 by raising a key interest rate for a third time this year, forecasting another rate hike before year’s end. Read more...
27 Sep ATA Challenges California’s Meal, Rest Break Rules in Petition to FMCSA American Trucking Associations has petitioned the trucking industry’s top regulator to determine that California’s meal-and-rest-break requirements are pre-empted under federal regulations. Read more...
26 Sep Ex-Pilot Flying J President Mark Hazelwood Sentenced to 12½ Years Former Pilot Flying J President Mark Hazelwood was sentenced to 12½ years in prison and fined $750,000 on Sept. 26 for his leadership role in a multimillion-dollar scheme to cheat truckers out of diesel fuel rebates. Read more...
26 Sep US-Canada NAFTA Spat Expected to Run Past Sept. 30 Deadline Canada is signaling that this week’s NAFTA deadline could come and go without a deal — with Prime Minister Justin Trudeau citing a “range of paths” forward while his U.S. envoy digs in on two issues. Read more...
26 Sep Congress Clears Fiscal 2019 Spending Bill for Trump’s Signature Legislation that would ensure funding for several federal agencies in fiscal 2019, which begins Oct. 1, and keep funding flowing through early December for the rest of the government cleared the U.S. House on Sept. 26. Read more...
26 Sep DHL Global Forwarding Launches Customs Connection DHL Global Forwarding announced Sept. 18 it is launching Customs Connection, a one-stop shop for all customs processes, according to the company. Read more...
26 Sep Chinese Truck Tires, Intermodal Chassis Have Higher Tariffs Buried in a long list of Chinese exports subject to new U.S. tariffs are truck tires — including retreads — as well as chassis. A 10% tariff on the listed items took effect Sept. 24, and will rise to 25% on Jan. 1 if no resolution is reached. Read more...
26 Sep Technology Can Help Unlock Capacity in Tight Freight Environment, Experts Say In the absence of a quick fix to increase the number of trucks on the road to keep up with rising freight demand, another option is to find a way to wring out more utilization of the trucks already on the road. Read more...
26 Sep Thermo King Introduces Clean-Energy Refrigerant Options Thermo King, a provider of transport temperature-control solutions, showcased its latest clean energy cooling systems at the IAA Commercial Vehicles Show in Hanover, Germany, including several refrigeration units, a discharge evaporator and new solar panels. Read more...