Retail sales, one of the largest drivers of the U.S. economy, advanced in January, pointing to increased overall growth in the first quarter of the year. At the same time, prices on the retail and wholesale level posted big gains, and the manufacturing component for industrial production ticked higher.
Global logistics company DB Schenker reportedly is taking a $25 million stake in U.S.-based uShip, which uses online technology to match freight shippers and carriers.
A lawsuit brought by two high-profile public advocacy groups and a prominent labor union seeks to block the executive order signed by President Trump on Jan. 30 that directs federal agencies to repeal two federal regulations for every new rule they issue.
Spartan Motors' fleet upfitting division has opened a new assembly facility in Kansas City to provide fleets with tailored upfits of cargo vans and other fleet vehicles in close proximity to Ford's Kansas City Assembly Plant that produces the Transit full-size van.
Chevin Fleet Solutions announced that its enterprise-level software, FleetWave, is available via the Geotab Marketplace, a source for open IoT fleet management solutions.
Daimler Trucks North America announced that its new corporate headquarters building in Portland, Ore., has been awarded the Platinum Leadership in Energy and Environmental Design certification.
Workhorse Group has announced that its medium-duty electric trucks are up to six times more efficient than comparable gasoline- or diesel-powered models.
Diesel prices increased for the first time in four weeks, but overall have remained nearly flat during the same period of time.