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BusinessEquipmentBreaking News

December Class 8 Sales Reach High Mark for 2020, Down 7.4% Compared With 2019

U.S. Class 8 retail sales in December cleared 21,000 to reach the high mark for the year, but were off 7.4% from a year earlier, WardsAuto .com reported.

January 13, 2021
GovernmentBreaking News

Transportation Secretary Elaine Chao Resigns

Transportation Secretary Elaine Chao announced her resignation Jan. 7 on her Twitter account, one day after a mob of supporters of President Donald Trump stormed the U.S. Capitol Building.

January 7, 2021
GovernmentBusinessBreaking News

Department of Labor Issues Final Rule on Independent Contractor Status

The U.S. Department of Labor on Jan. 6 issued a final rule revising its interpretation of independent contractor status under the Fair Labor Standards Act that it said will “promote certainty for stakeholders, reduce litigation and encourage innovation in the economy.â€

January 6, 2021
BusinessLogisticsBreaking News

ATA Truck Tonnage Index Slides 3.8% in November

Truck tonnage in November declined a seasonally adjusted 3.8%, marking the eighth consecutive month of year-over-year declines, American Trucking Associations said Dec. 22. However, the ATA For-Hire Truck Tonnage Index increased 3.7% in November after falling 5% in October when measured month-to-month.

December 22, 2020
GovernmentBreaking News

Biden Introduces Buttigieg as Transportation Choice

Pete Buttigieg, the former Democratic presidential candidate and onetime mayor of South Bend, Ind., was tapped to lead the U.S. Department of Transportation under the Biden administration, according to the Biden-Harris transition team.

December 15, 2020
BusinessEquipmentBreaking News

Class 8 Sales in November Slip

Class 8 U.S. retail sales in November reached 17,803, down 4% compared with 18,545 a year earlier, WardsAuto.com reported.

December 10, 2020
BusinessLogisticsBreaking NewsTop 100Top 50

XPO Logistics Plans to Split Into Two Companies

XPO Logistics Inc. plans to split into two by spinning off its logistics business in a tax-free transaction that will create a separate publicly traded company.

December 2, 2020
BusinessLogisticsBreaking News

ATA Truck Tonnage Index Declines 8.7% in October

Truck tonnage in October declined a seasonally adjusted 8.7% when compared with year-ago levels, American Trucking Associations said Nov. 24.

November 24, 2020
BusinessEquipmentBreaking News

October Class 8 Sales Underscore Replacement Demand

Class 8 U.S. retail sales in October remained 18.4% below year-ago levels and closed in on 19,000 to signal replacement demand is strong, analysts said.

November 12, 2020
BusinessTechnologyEquipmentAutonomousBreaking News

Daimler, Waymo Partner to Develop Autonomous Trucks

Daimler Trucks and Waymo have announced an agreement to produce highly automated Level 4 commercial vehicles by combining Daimler’s trucks with Waymo’s technology.

October 27, 2020