06 Mar Opinion: The Maintenance Shop’s Role in Fleet Optimization Making the best use of your fleet should include considering the role of the maintenance shop. No company wants to continually rely on always having spare trucks available should a unit go down. That makes an efficient shop a vital component of your fleet’s overall performance. Read more...
06 Mar Waymo Begins Marketing Self-Driving Sensors Waymo on March 6 began selling the laser-mapping sensors used on its driverless vehicles to other companies — as long as the customers don’t compete with its core robotaxi business. The sensors, known as lidar, shoot lasers off objects to determine what is nearby. Read more...
06 Mar Congress Signals Potential for Infrastructure Bill as Stakeholders Call for Sustainable Funding WASHINGTON — Leadership from groups representing key sectors of the freight industry on March 6 urged the powerful tax-writing committee in the U.S. House of Representatives to approve a long-term funding system for the country’s network of freight and commuter corridors. Read more...
06 Mar Companies Added 183,000 Workers in February Companies added fewer workers to U.S. payrolls in February after a burst of hiring in the prior month that was stronger than previously reported, signaling that the labor market continues to underpin what may become the longest economic expansion on record this year. Read more...
06 Mar Tesla Probably Can’t Make Money in China, Morgan Stanley Says Investors should keep their expectations about Tesla Inc.’s ability to operate profitably in China “very low,” Morgan Stanley analyst Adam Jonas wrote in a note, adding that he’s cautious about the country’s role in the carmaker’s long-term strategy and fundamental value. Read more...
06 Mar Trade Gap of $621 Billion in 2018 Marked Highest in Decade The U.S. trade deficit widened in 2018 to a 10-year high of $621 billion, bucking President Donald Trump’s pledges to reduce it, as tax cuts boosted domestic demand for imports while the strong dollar and retaliatory tariffs weighed on exports. Read more...
06 Mar GM’s Cruze-Producing Ohio Plant Goes Idle A sprawling General Motors assembly plant near Youngstown, Ohio, will be idled March 6 after more than 50 years producing cars and other vehicles, a move that will eliminate nearly 1,700 hourly positions by month’s end. Read more...
06 Mar Legal Status for Transport of Hemp Remains Confusing The 9th U.S. Circuit Court of Appeals has agreed to hear a legal challenge to the arrest of an Oregon truck driver and seizure of a 6,700-pound load of hemp being transported through Idaho. Read more...
06 Mar TMC Annual Meeting Goes ‘Beyond the Frontier of Maintenance’ The evolution of trucks and truck maintenance is apparent in key highlights on the agenda for the upcoming annual meeting of the Technology & Maintenance Council of American Trucking Associations. Read more...
06 Mar TFI International Acquires Schilli, Toronto Tank Lines TFI International Inc., one of the largest trucking and logistics companies in the United States and Canada, is making moves in the tanker business, snapping up two trucking companies in February. Read more...