Used-truck sales in April inched up year-over-year, compared with the 2016 period, amid a heavy-duty market that saw auction prices hit bottom and replacement demand climb, analysts said.
Sales were 3,382 compared with 3,337 a year earlier, ACT Research Co. reported, based on its sample of dealers, wholesalers and auctioneers as well as a few large fleets.
Lloyd Blankfein, CEO of Goldman Sachs Group Inc., urged the United States to spend more on infrastructure to keep from falling further behind other industrialized nations, joining similar calls from JPMorgan Chase & Co. CEO Jamie Dimon.
Michael Nagle/Bloomberg News
As the Donald Trump administration seeks to review and reduce regulations across the federal government, made clear by the president’s executive order to eliminate two regulations for every new one, a golden opportunity has presented itself to revitalize our infrastructure and improve America’s energy security simultaneously.
Federal regulators are proposing to review whether to allow certain truckers to have temporary relief from sleeper berth regulation.
Tapping private money to rebuild America’s decrepit infrastructure, the linchpin of President Donald Trump’s $1 trillion vision, would be a no-brainer in large parts of the world.
President Donald Trump's administration will unveil revised self-driving guidelines within the next few months, the head of the U.S. Transportation Department said June 5, responding to automakers' calls for regulations that will eliminate barriers and allow autonomous vehicles on the road.
Volvo Trucks North America now offers a painted parts program intended to deliver genuine, factory-built replacement parts, custom painted for pre-order or quick turnaround, the company said.
Justin Ide/Bloomberg News
Port Everglades will purchase three new large gantry cranes at $41.4 million as part of a larger overall program to expand the complex and better position itself to receive Neopanamax vessels traveling through the expanded Panama Canal.
The largest cargo ship ever to visit U.S. East Coast ports is making high-profile stops lately in Virginia, Georgia and South Carolina, but it won’t be visiting North Carolina.
North Carolina State Ports Authority
Mike Crawford, a former player in the National Football League, has been promoted to run freight brokerage at ITS Logistics.
Less-than-truckload carriers report that the second quarter has been strong in terms of volumes, tonnage and revenue due to strong demand for spring and summer items and a strong oil and gas sector, based on numbers from publicly traded companies and conversations with privately-held ones.
Old Dominion Freight Line
CEOs of some of the largest U.S. companies are becoming even more sanguine about sales and spending, a good omen for the economy after a lackluster first-quarter expansion, according to a quarterly survey released June 6 by the Business Roundtable.
Mexico would accept some “rebalancing” of its trade surplus with the United States as part of a revamped North American Free Trade Agreement, as long as that doesn’t lead to tariffs or other restrictions, said Mexican Economy Minister Ildefonso Guajardo.
Legislation to allow automated vehicles on Texas roads beginning Sept. 1 has overwhelmingly passed the Texas House and Senate and was awaiting the governor’s signature.
An increase in U.S. job openings in April to a record high indicates demand for workers remains strong in the world’s largest economy while the supply is tightening, a Labor Department report showed June 6.
Matthew Busch/Bloomberg News
Trucking executives are urging congressional leaders to attach a clarifying provision to a meal and rest break rule in a funding bill that would avert a shutdown of federal agencies set to begin at the end of the month.
Robots have made headlines recently for what they can do — make pizzas, climb Jimmy Fallon's leg, say a prayer for you — and for what people fear they will do: take our jobs.
Less than a decade ago, Portland, Ore.-based Freightliner appeared to have one foot out the door. The storied maker of big rigs changed its name to Daimler Trucks North America, then announced it would move hundreds of headquarters jobs to North Carolina.
Daimler Trucks North America