OMAHA, Neb. — Rail unions want railroads to take some of the billions they’re using every year to buy back their stock and spend it to improve safety.
April 21, 2023Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Ford’s F-150 Leaves Tough Choices for EV Tax Credits
While the average gasoline-powered F-150 now sells for almost $63,000 — 25% more than five years ago — the electric version commands a premium of almost 30% over that.
April 21, 2023Union Pacific Reports Flat Revenue, Income in Q1
Union Pacific Corp. reported flat year-over-year income and slightly increased revenue for the first quarter of 2023.
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April 20, 2023Progress Reported on West Coast Port Negotiations
After nearly a year of negotiations, the International Longshore and Warehouse Union and port management’s Pacific Maritime Association have reached a tentative agreement on what the union described as certain “key issues.”
April 20, 2023Labor Nominee Su Faces Doubts in Senate
WASHINGTON — Labor secretary nominee Julie Su won praise at her Senate hearing April 20 as “a champion of the working class” even as some key Democrats were unwilling to voice support.
April 20, 2023Court Rules Insurer Can't Sue Broker in Fraudulent Carrier Case
A federal appeals court has ruled that an insurance company may not pursue a claim against a transportation broker after that broker unknowingly hired a fraudulent motor carrier.
April 20, 2023Rebalanced Supply Chain Still Leaves Empty-Mile Problem
The underlying issues causing empty miles and unfilled trucks persist even as a balancing supply chain has softened them, experts warned.
April 20, 2023Canada Matches US Subsidies to Win VW EV Battery Plant
Canada agreed to subsidies that may top C$13 billion ($9.7 billion) over a decade to land an electric vehicle battery plant by Volkswagen AG, the company’s first gigafactory outside Europe.
April 20, 2023Iowa Tort Reform Bill Goes to Governor
A landmark law in Iowa limiting jury awards to $5 million in accident lawsuits against commercial vehicles was sent to the desk of Gov. Kim Reynolds for enactment.
April 20, 2023Pete Buttigieg Talks Safety, Supply Chain on 2024 Budget
President Joe Biden’s fiscal 2024 budget request paves the way for improvements to the safety and connectivity of the nation’s mobility system, Secretary Pete Buttigieg said April 20.
April 20, 2023