11 Apr Medium-Duty Sales Rise Slightly in March U.S. retail sales of medium-duty trucks in March notched a slight gain as they pushed past the 20,000 level, WardsAuto.com reported. Read more...
11 Apr Consumer Prices Rise 2.4% From Year Earlier WASHINGTON — U.S. consumer prices rose 2.4% in March from a year earlier, the fastest annual pace in 12 months. Read more...
11 Apr Senate Considers Presidential Nominees for Surface Transportation Board The Senate Committee on Commerce, Science and Transportation is one step closer to doubling the number of members who sit on the Surface Transportation Board. The committee convened a hearing April 11 to consider Patrick Fuchs and Michelle Schultz to serve as members of the board. Read more...
11 Apr 3PLs Enjoy Solid 4Q Revenues Third-party logistics firms saw total shipments rise in the fourth quarter of 2017, sending revenue and invoice amount-per shipment values jumping, but not enough to improve profits, according to the 3PL Market Report from the Transportation Intermediaries Association. Read more...
11 Apr Allen Lund, Founder of Freight Brokerage Firm, Dies Allen Lund, founder of third-party transportation broker Allen Lund Co., died April 7 after recently being diagnosed with cancer. He was 77. Read more...
11 Apr IEEE, ACM to Collaborate on Autonomous Vehicle Standards The Institute of Electrical and Electronics Engineers announced it has signed a memorandum of understanding with the American Center for Mobility to help accelerate development and deployment of voluntary technical standards for connected and autonomous vehicles. Read more...
11 Apr Driver Engagement Critical Issue for Cars That Steer Themselves After partially faulting Tesla’s automation system for a 2016 fatal crash, U.S. safety investigators in 2017 called on carmakers to do more to ensure drivers stay engaged as next-generation cars start to steer themselves. Read more...
11 Apr Carl Icahn’s $5.4 Billion Exit Strategy Soothes Auto Parts Retailers It’s hard to be frenemies in business. Carl Icahn is selling auto-parts maker Federal-Mogul to competitor Tenneco Inc. for $5.4 billion Read more...
11 Apr Omnitracs Hires Key Executives Transportation management systems company Omnitracs appointed Kent Norton chief technology officer. Greg Nelson was named chief commercial officer. Read more...
11 Apr New Hampshire Road Usage Fee Proposal Moves to Senate Hearings With cars becoming more fuel-efficient, the revenue from gasoline taxes is declining, leaving New Hampshire with inadequate funds to maintain roads and bridges, according to state Rep. Norman Major (R-Plaistow), chairman of the House Ways and Means Committee. Read more...