Business
Government, Business

Pence, Ryan Pledge Action on Tax Cuts, Reform

WASHINGTON — A simplified tax code for businesses and individuals would incentivize job creation and economic growth for industries such as the freight sector, the country’s vice president and top lawmaker in the U.S. House told manufacturers this month.

Eugene Mulero | Staff Reporter
June 21, 2017
Business, Fuel

Pepsi Heads Seven Fleets Competing in Run on Less Event

Seven fleets are participating in national Run On Less event hosted by the North American Council for Freight Efficiency and Carbon War Room, led by PepsiCo Inc., which ranks No. 1 on the Transport Topics Top 100 rankings of private carriers in North America.

Marissa Gamache | Special to Transport Topics
June 21, 2017
Business

UPS Inc. to Add Holiday-Shipping Surcharge in November, December to Handle E-commerce Shipping

UPS air cargo Luke Sharrett/Bloomberg News

UPS Inc. will institute a holiday-shipping surcharge for residential delivery in much of November and December this year to help deal with the torrent of e-commerce shipping at that time of year.

Jonathan S. Reiskin | Associate News Editor
June 21, 2017
Business

$13.7 Billion Amazon Deal for Whole Foods Expected to Benefit Trucking

Amazon Trailer Amazon.com

Amazon.com Inc. said that it will buy Whole Foods Market Inc. for $13.7 billion, and the deal is expected to benefit trucking.

Laurie Wiegler | Staff Reporter
June 21, 2017
Government, Business

Trump’s Trade Chief Says US Won’t Force Quick NAFTA Deal

Andrew Harrer/Bloomberg News

President Donald Trump’s top trade negotiator said there’s no deadline to reach a deal on revamping the North American Free Trade Agreement, and if talks end in a deadlock, the United States will be compelled to rethink its strategy.

Andrew Mayeda | Bloomberg News
June 21, 2017
Business

Home-Sales Pickup Signals Market Withstanding Weak Supply

Daniel Acker/Bloomberg News

A pickup in sales of previously owned U.S. homes signals the housing market is making progress despite inventory constraints that are sending prices to all-time highs, a report from the National Association of Realtors showed June 21.

Patricia Laya | Bloomberg News
June 21, 2017
Business, Equipment

Trailer Orders Jump 24% in May to Nearly 18,000

Trailer orders rose 24% to push toward 18,000 in May, and expectations are for demand to stay strong, ACT Research Co. reported.

Orders reached 17,889, ACT said, citing a net total. That compares with 14,459 orders a year earlier.

Roger W. Gilroy | Staff Reporter
June 21, 2017
Business, Technology, Equipment, Autonomous

Europe’s Truck Makers Offer Detailed Timeline to Run Truck Platoons Before 2025, Scania Says

Scania PLatoon Scania

Truck maker Scania said Europe’s truck manufacturers have presented a detailed timeline of steps leading up to the introduction of convoys of semi-automated trucks on Europe’s motorways before 2025. At the same time, similar U.S. efforts are emerging.

Roger W. Gilroy | Staff Reporter
June 21, 2017
Business, Logistics

Total US Logistics Spend Dipped in 2016, Says CSCMP

CSCMP panel Laurie Wiegler/Transport Topics

WASHINGTON — Anemic shipping volumes combined with weak pricing for transportation carriers in 2016 to push down total U.S. business spending on logistics, both in dollars and as a percentage of gross domestic product.

Jonathan S. Reiskin | Associate News Editor
June 20, 2017
Government, Business

Speaker Ryan Asks Manufacturers to Help Congress Pass Tax Overhaul

Paul Ryan Michael Brochstein/Sipa USA/TNS

WASHINGTON — Executives in the manufacturing sector should view reforms to the tax code in aspirational ways to help Congress advance such reforms this year, House Speaker Paul Ryan (R-Wis.) said June 20.

Eugene Mulero | Staff Reporter
June 20, 2017

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