Daimler Posts Lower Earnings Despite Record Truck Sales
Daimler AG, citing regulatory and trade headwinds, reported a decline in net income for the fourth quarter and full 2018 while revenue inched up in both periods amid an all-time record for global truck sales.
February 6, 2019UPS Freight President Rich McArdle Optimistic Infrastructure Bill Will Advance
WASHINGTON — President Donald Trump and the current divided Congress create an opportunity for advancing a long-term infrastructure policy measure in the near future, UPS Freight President Rich McArdle said at a U.S. Chamber of Commerce event Feb. 5.
February 5, 2019DHL Express Launches New Fleet of Electric Delivery Vans in San Francisco
DHL Express is rolling out a new fleet of 63 electric delivery vans in the United States as part of the German company’s goal to reduce logistics-related emissions to zero by 2050.
February 5, 2019Envirosafe Launches E-Cube Mobile Bulk Fuel Storage Option
Envirosafe Tanks, a Florida-based above-ground fuel storage system manufacturer, has launched E-Cube Mobile, which targets customers looking to transport bulk fuel with portable storage tanks.
February 5, 2019Diesel Rises a Whisker to $2.966 a Gallon
The U.S. average retail price of diesel increased ever so slightly the week of Feb. 4, rising to $2.966 a gallon, one-tenth of a cent higher than last week.
February 4, 2019US Refiners Cut Off From Venezuelan Crude After Sanctions
U.S. oil refiners won’t be allowed to complete shipments of Venezuelan crude they booked before the Trump administration slapped new sanctions on the Latin American nation.
February 4, 2019EPA's Andrew Wheeler Says New Glider Truck Rule Would Consider Impact on Manufacturers
The U.S. Environmental Protection Agency plans to tailor its new glider truck emissions standard to help protect the glider industry from “going out of business or substantially reducing its economic growth potential,” agency chief Andrew Wheeler said in a document sent to Congress.
February 1, 2019Editorial: Trucking Has It Down Cold
A polar vortex can slow a lot of folks down. But you can count on the trucking industry.
January 31, 2019Growth in 2019, but Recession May Be on Horizon, Economist Says
ATLANTA — Despite a generally strong economic performance in 2018, a global recession could be lurking in the shadows through 2019, a leading economist told attendees at the SMC3 Jump Start 2019 conference Jan. 30.
January 31, 2019Industry Groups Object to New Chassis Fees Taking Effect at Ports
Transportation industry groups are criticizing a plan by some ocean carriers to begin seeking new administrative fees for cargo containers, known as “street turns.” The fees are set to take effect Feb. 4 and range from $30 to $75, depending on the carrier.
January 31, 2019