After a 2018 that saw record-setting levels of freight-hauling demand and driver pay as tonnage levels reached a 20-year high, the trucking industry is expected to remain strong in 2019 but undergo a bit of a cool-down, economists say.
January 7, 2019Search
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Capitol Agenda for the Week of Jan. 7: The DeFazio Era Begins
Oregon Democrat Peter DeFazio was first elected to Congress in 1986. Now as the chairman of the Transportation and Infrastructure Committee, will he be the one to orchestrate an infrastructure funding plan? Here's the week ahead for trucking on Capitol Hill.
January 7, 2019Midwest States Launch Program to Address Truck Parking Issues
A group of eight Midwestern states has launched a system to inform truckers about parking availability along interstate highways. Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Ohio and Wisconsin launched the Trucks Park Here program.
January 7, 2019Service Firms Grew at Slower Pace in December
WASHINGTON — U.S. service firms grew in December at the slowest pace in five months, a possible indication that various headwinds from turbulent markets to trade tensions could be having an impact on economic activity.
January 7, 2019Sears Said to Weigh Liquidation as Lampert’s Bid Falls Short
Sears representatives summoned liquidation firms and other advisers to emergency meetings on Jan. 4 after rejecting Lampert’s $4.4 billion bid to buy and operate Sears stores.
January 7, 2019Infrastructure, Trade Loom Large for Trucking in the New Year
Infrastructure and trade loom large for trucking in the year ahead as freight carriers adjust to a slower, but still positive, rate of economic growth in 2019, according to industry experts interviewed by Transport Topics.
January 4, 2019Volvo Trucks to Take $780 Million Charge Over Emissions Flaw
Volvo AB, the world’s second-largest truck maker, will set aside $780 million (7 billion kronor) to address a faulty emissions-control component that’s worn out more quickly than expected.
January 4, 2019Payrolls Rise 312,000 as Wage Gains Exceed Forecasts
U.S. employers added the most workers in 10 months as wage gains accelerated and labor-force participation jumped, reflecting a robust job market that nevertheless faces mounting risks in 2019.
January 4, 2019Editorial: End the Meal-and-Rest-Break Debate
Now that we finally we have some resolution on the issue of whether interstate truck drivers must follow federal or state rules regarding where and when they can take meal and rest breaks, it’s time to stop the legal wrangling and move forward.
January 3, 2019White House Says Shutdown Trims 0.1% From GDP Every Two Weeks
The ongoing partial government shutdown will cut U.S. economic output by about 0.1% every two weeks, the chairman of the White House Council of Economic Advisers said.
January 3, 2019