Get updates on industry news below, courtesy of Transport Topics.
- Toyota Pauses Robot-Car Program Citing Drivers’ Emotional Toll
Toyota Motor Corp. has halted tests of its “Chauffeur” autonomous driving system on U.S. public roads after a Uber Technologies Inc. vehicle operating in autonomous mode under the supervision of a human safety driver struck and killed a woman in Tempe, Arizona, on March 18.
- Arizona DOT Trains Mexican Fleets, Expedites Border Inspections
The Arizona Department of Transportation has significantly reduced wait times for trucks moving through border inspection facilities using training programs geared toward Mexican fleets.
- As Transportation Costs Mount, Amazon Is Squeezing Suppliers to Curb Losses in Price Wars
Amazon.com Inc., locked in a margin-crushing price war, is offloading costs onto suppliers and limiting the number of single, low-priced items shoppers can purchase in an effort to offset rising shipping costs.
- The Uber Crash Is the Nightmare the Driverless World Feared but Expected
Waymo recently showed a video of people riding in its self-driving minivans. They thumbed their phones, yawned and one snoozed. he message: Driverless cars are so safe, they’re boring.
- Ontario Trucking Group Asks to be Considered for Immigrant Workforce Program
The Ontario Trucking Association has asked to be included in a government program that allows immigrants who work in certain sectors to be considered for permanent resident status.
- Los Angeles, Long Beach Turn Times Drop as Cargo Volume Grows to February Record
Truck drivers took seven minutes less, on average, to enter and exit the two large Southern California ports in February compared with the same period a year ago.
- Uber Death Elicits Warning From Teamsters Wary of Robo-Truckers
The largest union for U.S. truck drivers, which has taken a cautious view of autonomous vehicles, called for stronger safeguards after a self-driving SUV operated by Uber Technologies Inc. killed a pedestrian in Phoenix on March 18.
- Warren Buffett Reveals He Paid $2.786 Billion for Stake in Pilot Flying J
Warren Buffett said his Berkshire Hathaway Inc. made only one “sensible” stand-alone acquisition last year, and it didn’t do much for his growing pile of cash.
- Explosion at FedEx Facility in Texas Follows Bombings in Austin
U.S. federal authorities investigated an explosion early March 20 at a FedEx Corp. facility in Schertz, Texas, following a series of bombs that exploded this month in Austin and left two people dead.
- Knight Acquires Abilene Motor Express
Knight Transportation Inc., has acquired Abilene Motor Express Inc. Terms were not disclosed in a filing with the Securities and Exchange Commission.
- Diesel Dips 0.4¢ to $2.972, Oil Stalls at $62 a Barrel
The U.S. average retail price of diesel fell 0.4 cent to $2.972 as energy production in the U.S. remained strong and the price of crude oil stalled near $62 a barrel.
- Kenworth T680 Adds Integrated Powertrain Option
Kenworth Truck Co. announced that its T680 on-highway flagship Class 8 is now available for order for the first time with the combination of the Paccar MX-11 engine and the new Paccar automated transmission.
- Penske Truck Leasing Adds Digital Prompts for Maintenance Technicians
Penske Truck Leasing Co. has begun using fully digital and voice-directed truck fleet preventive maintenance processes that technicians follow when working on its fleet of more than 266,000 vehicles.
- Acquisitions Drive Daseke Revenues Higher
Daseke Inc. reported a much-improved fourth quarter 2017 over the same period the year before, driven in part by seven acquisitions it made in 2017.
- Rush Enterprises Increases Stock Repurchase, Targets $7 Billion in Revenue
National truck dealership Rush Enterprises Inc. increased its existing stock repurchase program by $35 million, and views the move as supporting its multiyear growth strategy.
- Canadian Logistics Firm Plans Significant US Expansion After Acquiring Houston Company
Montreal-based Logistec Corporation said it is significantly expanding its business operations in the United States with the acquisition of Gulf Stream Marine, a Houston cargo handling, stevedoring and terminal operator in the Gulf Coast region.
- Driver Turnover Rates Down in 4Q
Driver turnover rates fell at the end of 2017 as tonnage volume rose and trucking firms focused on a mix of pay increases, sweetened benefits and other inducements to recruit and retain drivers.
- European Truckers Face Growing Theft Challenge
A global group that battles cargo theft is experiencing record growth in the take up of its supply chain security standards in Europe, the Middle East and Africa.
- Wex Adds Fuel Card for Mixed-Vehicle Fleets
Wex Inc. announced the latest addition to its line of fleet cards, WEX Cross Roads, a one-card solution for fleets operating multiple types of vehicles. The card provides unleaded gasoline and diesel fueling options at both truck stops and convenience stores.
- Online Grocers to Need More Cold Storage Space
The rise in online grocery sales could bring a need for more industrial cold storage space by the food industry, according to CBRE Research, a commercial real estate services firm.
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