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Jobs, Stocks Boost Consumers’ Outlook on Economy

American consumers are more upbeat about the economy than at any time in more than a year against a backdrop of steady job gains and record stock prices.

December 19, 2019

Oil Trader Vitol Sues US for $52 Million Tax Refund

A subsidiary of Vitol Group, the biggest independent oil trader, is demanding that the U.S. government return more than $52 million in fuel taxes the Rotterdam-based company says was improperly collected.

December 18, 2019

Daimler to Pay $20 Million Penalty Over Mercedes Recall Lapses

Daimler AG’s Mercedes Benz has agreed to pay as much as $20 million in penalties for violations of how it operated its vehicle recall program.

December 18, 2019

North Carolina Pays Researchers to Prep for Autonomous Vehicles

Teams of researchers based at three state universities will spend the next three years developing ways to help North Carolina prepare for autonomous vehicles and other new transportation technologies.

December 18, 2019

2019: Hours-of-Service Rule, ELDs and Roads Dominated Political, Regulatory Concerns

For the trucking industry, 2019 was a year of transition, replete with regulatory victories and disappointments.

December 20, 2019

US Energy Chief Shrugs Off Permian Oil Slowdown as ‘Pause’

The golden age of U.S. shale is far from over, with an expected slowdown in the Permian Basin likely to be temporary, according to new U.S. Energy Secretary Dan Brouillette.

December 18, 2019

Shipping Industry Proposes Fund to Tackle Carbon Emissions

BERLIN — A global shipping industry organization is proposing a research and development program to help cut carbon dioxide emissions, funded by about $5 billion from shipping companies over a decade.

December 18, 2019

Why You Should Start a Brokerage Within an Asset-Based Company

This whitepaper provides a strategic blueprint and resources for asset-based companies to start and grow a brokerage. The opportunities in the market are ripe for companies of any size.

Logistics and supply chain research and consulting firm Armstrong & Associates estimates that net revenues for U.S.-based 3PLs grew by five percent in 2017 to hit $77.1 billion, and gross revenues rose 10.5 percent to reach $184.3 million. The firm predicted revenue growth in 2018 would continue at a similar rate.

October 31, 2019

DOT Announces Combating Human Trafficking in Transportation Impact Award

Transportation Secretary Elaine Chao is launching an award for transportation industry representatives to incentivize increased awareness and prevention of human trafficking.

December 17, 2019

PSA’s Board Approves Merger With Fiat Chrysler

The board of Italian-American automaker Fiat Chrysler Automobiles NV approved a merger with PSA Group of France to create the world’s fourth-biggest auto manufacturer, people familiar with the situation said.

December 17, 2019