18 Dec Truck Makers, Suppliers Slash Jobs by the Thousands as Orders Dry Up North America’s biggest truck makers and their suppliers are firing thousands of workers as orders dry up amid a glut of big rigs. Read more...
18 Dec TuSimple Reports Its Autonomous Trucks Reduce Fuel Consumption Self-driving truck company TuSimple announced its autonomous technology reduced fuel consumption for trips by its prototype heavy-duty trucks by at least 10% compared with manually driven trucks. Read more...
17 Dec FedEx’s Q2 Earnings Tumble, Even More Than Wall Street Expected FedEx Corp. reported lower-than-expected second-quarter fiscal year 2020 earnings Dec. 17, missing Wall Street analysts’ expectations. Read more...
17 Dec DOT Announces Combating Human Trafficking in Transportation Impact Award Transportation Secretary Elaine Chao is launching an award for transportation industry representatives to incentivize increased awareness and prevention of human trafficking. Read more...
17 Dec PSA’s Board Approves Merger With Fiat Chrysler The board of Italian-American automaker Fiat Chrysler Automobiles NV approved a merger with PSA Group of France to create the world’s fourth-biggest auto manufacturer, people familiar with the situation said. Read more...
17 Dec House Approves Fiscal 2020 Transportation Funding Bill Funding for freight safety programs would be increased and infrastructure grants would receive $1 billion under fiscal 2020 legislation the U.S. House of Representatives advanced Dec. 17. Read more...
17 Dec Ford to Add 3,000 Jobs in Detroit Area, Invest $1.45 Billion DETROIT — Ford Motor Co. is adding 3,000 jobs at two factories in the Detroit area and investing $1.45 billion to build new pickup trucks, SUVs, and electric and autonomous vehicles. Read more...
17 Dec Dave Clark: The Man Who Built Amazon’s Delivery Machine Amazon's logistics chief, Dave Clark, has transformed the retail giant's operations. Read more...
17 Dec FedEx Custom Critical CEO Virginia Addicott to Retire When Virginia Addicott became president and CEO of FedEx Custom Critical 12 years ago, not only was she the female head of a trucking company, she was also one of the few women at the table at Akron, Ohio-area civic leader meetings. Read more...
17 Dec Missouri Taps Into Checkbook for Road Projects JEFFERSON CITY — An additional lane on Interstate 70 in O’Fallon, Mo., and a new roadway for a long-sought riverside development in St. Charles are on tap as part of an outlay of state and local transportation dollars announced Dec. 16. Read more...