18 Dec Class 8 Sales Boost Navistar Profit in ‘Breakout’ Year Navistar International Corp. reported growth in net income, with a 39.2% increase in profit for its fiscal fourth quarter. The Lisle-Ill.-based original equipment manufacturer said 2018 was a strong year for the trucking industry and a “breakout year” for the company. Read more...
18 Dec Barbara Leslie Returns to Port of Oakland as Commissioner OAKLAND, Calif. — Barbara Leslie, CEO of the Oakland Metropolitan Chamber of Commerce, has joined the Port of Oakland’s governing Board of Port Commissioners, according to a Dec. 13 press release. Leslie worked at the port in 1998 and 1999. Read more...
18 Dec FMCSA Receives Three HOS Exemption Requests Several industry groups are petitioning the Federal Motor Carrier Safety Administration for exemptions from certain hours-of-service rules. Read more...
18 Dec Opinion: Picking a Path for Autonomous Data Artificial intelligence and automation could someday disrupt major sectors of the global economy, including trucking. While much is said about how automated operation could help mitigate the driver shortage, many developmental challenges remain before wide deployment of Class 8 trucks can be realized. Read more...
18 Dec Holiday Business Booming for DHL at Houston Hub DHL, which specializes in international shipments, anticipates that it will make 156,000 delivery stops every day during December, a 56% increase over a typical month. With a distribution hub at each of Houston’s two major airports, it expects to handle 17% more package deliveries than last year. Read more...
18 Dec Postal Service Slammed with Seasonal Shipping This week is expected to be the busiest week of the holiday mailing and shipping season for the Postal Service. The agency expects to process and deliver nearly 3 billion pieces of mail, including packages, this week alone. Read more...
18 Dec China Inks Deals With Shell, Majors as Xi Signals Open Trade China signaled its openness for business with a raft of deals that’ll give oil majors, including Royal Dutch Shell Plc, new opportunities to develop fields in partnership with the nation’s biggest offshore explorer. Read more...
18 Dec Housing Starts Top Forecasts; Permits Rise U.S. new-home construction rebounded in November to the best pace since August while permits rose to a seven-month high, a sign homebuilding is potentially stabilizing even as higher prices and borrowing costs pose headwinds. Read more...
18 Dec Medium-Duty Sales in November Point to Ongoing Strength Sales of medium-duty trucks in November barely budged from a year earlier, rising just 1.4% and boosted primarily by a modest gain in the lighter classes, WardsAuto.com reported. Read more...
18 Dec New Round of BUILD Grants Addresses Freight Corridor Needs The U.S. Department of Transportation’s first round of Better Utilizing Investments to Leverage Development discretionary grants allocated a record amount of funding for road projects, some of which specifically address important freight routes. Read more...