Get updates on industry news below, courtesy of Transport Topics.
- Trump Identifies Infrastructure as Potential Bipartisan Policy
The prospects for a comprehensive infrastructure measure advancing this year might have improved after President Donald Trump declared the policy as capable of bringing Democrats and Republicans together.
- CVSA’s Collin Mooney: Trouble Awaits Fleets Delaying Switch From AOBRDs to ELDs
ALEXANDRIA, Va. — A “manufacturers crisis” in transferring automatic onboard recording device software into electronic logging devices is in the making, according to the head of the trade organization representing commercial vehicle inspectors.
- US Posts Largest Monthly Budget Deficit on Record in February
The U.S. posted its biggest monthly budget deficit on record last month, amid falling corporate and individual tax revenue and increasing federal spending.
- GM to Invest $300 Million, Create 400 Jobs at Michigan Plant
General Motors Co. will invest $300 million in its Orion Township. Mich., assembly plant, a move that will create 400 jobs in suburban Detroit.
- Teamsters, YRC Strike Tentative Deal on Labor Contract
Representatives of YRC Worldwide and the Teamsters union have reached a tentative agreement on terms of a new labor contract and agreed to extend the current agreement through May 31 to finalize a deal.
- US Exports Competitive in NAFTA Countries While Losing Ground in China
The prices U.S. producers get for their exports in Latin America and Canada rose this year, relative to the cost of goods imported to the United States, the Bureau of Labor Statistics said March 21. At the same time, prices for American-made goods sold in China and Japan fell.
- Spring Floods Threaten Most of Continental US
The deluge that devastated so much of the Midwest over the last week could be a preview for one of the worst years for flooding in the United States, according to federal weather officials.
- Maersk Tests Biofuel as It Sets Sail for 2050 Carbon Neutrality
A.P. Moller-Maersk A/S is about to conduct the shipping industry’s biggest test yet of biofuel as it seeks to cut emissions and meet its target of becoming carbon-neutral by 2050.
- Trump Says China Deal ‘Close’ Ahead of New Talks
President Donald Trump said March 22 that a trade deal with China is close as he prepared to send his negotiators to Beijing for a fresh round of talks next week, but U.S. officials downplayed the prospect of a swift conclusion.
- Yilport Said to Be in Talks for $2 Billion California Terminal
Turkey’s Yilport Holding AS is in advanced talks to buy a container terminal in Long Beach, Calif., a deal that would value the facility at close to $2 billion, people with knowledge of the matter said.
- Soft Demand Expected for Tesla Model 3 Until Price Drops
Demand for Tesla Inc’s Model 3 sedan is expected to remain soft in the United States until the release of the lower-priced $35,000 model next quarter, Cowen analyst Jeffrey Osborne said.
- Oil Falls From Four-Month High on Concerns of Economic Slowdown
Oil fell from its highest closing level in four months in New York as signs of a slowing global economy stirred concerns about fuel demand.
- Editorial: Mining Data to Cover More Miles
The importance of mining repair data for information that can help improve the performance of motor carriers’ equipment was a continuous message during presentations at the annual meeting of the Technology & Maintenance Council of American Trucking Associations recently from companies across the spectrum of industry suppliers. They either introduced or updated products designed to wring more efficiencies out of freight operations.
- GM Plans Electric Investment in Michigan Plant
General Motors Co. will throw a bone to President Donald Trump on March 22 by announcing an investment in its electric-car plant north of Detroit after enduring days of intense criticism for idling an Ohio factory.
- New TMC Chairman Kenneth Calhoun Aims to Bolster Technician Recruiting, Training
Advancing the Technology & Maintenance Council’s efforts to address the trucking industry’s technician shortage and enhancing education and training for entry-level workers are among the top priorities for Kenneth Calhoun, the council’s new general chairman and treasurer.
- Maine to Give $5.1 Million in Subsidies for EV Purchases
Maine will provide a $5.1 million subsidy and add at least 50 public vehicle charging stations to encourage residents and companies to buy all-electric vehicles.
- Fleets Credit Safety Systems, Video With Reducing Crashes, Claims
ATLANTA — Active safety technologies such as collision mitigation and lane departure warnings have proven effective at preventing crashes, but proper maintenance and driver training are necessary to get the most out of these systems, fleet executives and suppliers said.
- Congress Returns to Debate Infrastructure, Fiscal 2020 Funding, Nominees
Policymakers make their way back to Capitol Hill after a weeklong spring recess to continue to stitch together the provisions for a comprehensive infrastructure bill they want to pass by August.
- Cops in Indiana Have a Reputation for Having No Mercy on Speeders
It’s not a closely guarded secret in trucking that if you speed on Indiana interstates, you risk getting pulled over by a state trooper. It’s been that way for a long time, according to Steve Bryan, president of data-crunching firm Vigillo.
- Florida Farmers Push Protection as Trump Seeks USMCA Approval
Manatee County, Fla., tomato farmer Gary Reeder says he has seen the county’s tomato industry “basically cut in half” during his lifetime. Reeder says Florida tomato farmers struggle to compete with their counterparts in Mexico.
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