SAN DIEGO — Transportation Secretary Pete Buttigieg celebrated the contributions of the millions of commercial drivers who are engaged in advancing the country’s economy at American Trucking Associations' Management Conference & Exhibition Oct. 25.
October 25, 2022GovernmentBusiness
Trucking Positioned to Weather a Recession, Costello Says
SAN DIEGO — American Trucking Associations Chief Economist Bob Costello said Oct. 25 the trucking industry should be fairly well insulated from a potential recession in 2023.
October 25, 2022BusinessTechnologyEquipment
Texas Instruments’ Forecast Signals Chip Demand Slump Is Spreading
Texas Instruments Inc., whose chips go into everything from home appliances to missiles, gave a weak sales forecast for the current quarter, indicating that the falloff in semiconductor demand is spreading beyond computing and phones.
October 25, 2022BusinessEquipmentLogistics
Driver Shortage Decreases Slightly to 78,000, ATA Says
SAN DIEGO — American Trucking Associations revealed Oct. 25 that it estimates the shortfall of professional drivers has decreased slightly to 78,000 for this year.
October 25, 2022GovernmentBusinessTechnology
Hyundai Breaks Ground on $5.5 Billion Electric Car Plant in Georgia
Hyundai Motor Group broke ground in Georgia on Oct. 25 for its first U.S. plant dedicated to making electric vehicles.
October 25, 2022BusinessTechnologyEquipment
Skybitz Unveils Kuantum, Its Next-Generation Trailer Telematics Platform
SAN DIEGO — SkyBitz has introduced Kuantum, its next-generation trailer telematics system featuring an integrated cargo sensor and expanded capabilities to help fleets squeeze more utilization out of their trailers and intermodal containers.
October 25, 2022BusinessEquipment
Paccar Notches Record Q3 Net Income
Paccar Inc. notched record third-quarter income amid record results at its parts business and strong global demand for its trucks.
October 25, 2022BusinessTechnologyAutonomous
AVIA Taps Jeff Farrah as First Executive Director
The Autonomous Vehicle Industry Association announced the appointment of Jeff Farrah as the organization’s inaugural executive director.
October 25, 2022GovernmentBusinessEquipment
Trucking Companies Urged to Stay the Course if Recession Occurs
SAN DIEGO — With some economists predicting around a 50-50 chance of the U.S. economy sliding into a recession in the first half of 2023, a panel of experts at American Trucking Associations’ Management Conference & Exhibition urged trucking companies to prepare now for a possible economic downturn by maintaining strong levels of cash flow and — above all — avoiding panic if a recession takes hold.
October 25, 2022Business
Billy Joel Thrills With Surprise Performance at Daimler Event
SAN DIEGO — Billy Joel thrilled an audience of trucking industry leaders as the surprise entertainment at Daimler Truck North America’s 2022 Customer Appreciation Event.
October 25, 2022