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While unemployment in the U.S. fell in August, the trucking industry added no jobs, and the number of jobs added the month before was revised sharply lower, according to the U.S. Labor Department.
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Although a "cavalcade of regulations" is expected to make it harder than ever to find drivers, an economy that continues to grow at a sub-potential rate means fleets don't have a lot of leverage when it comes to raising rates, according to John Larkin and fellow transportation analysts at the Stifel Nicolaus investment firm.
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The Timken Company's board of directors has approved a plan to pursue a separation of the company's steel business from its bearings and power transmission business through a spinoff, creating two publicly traded companies.
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Drivewyze Inc. announced that Kansas has become the 17th state to adopt the Drivewyze Pre-Clear bypass service, which uses tablets, smartphones and select electronic on-board recorders to provide commercial vehicles with inspection site bypass opportunities.
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U.S. Transportation Secretary Anthony Foxx has announced that 52 transportation projects in 37 states will receive a total of approximately $474 million from the U.S. Department of Transportation’s Transportation Investment Generating Economic Recovery 2013 discretionary grant program, also known as TIGER.
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Jost International has hired Ken Bultemeier Jr. as director of truck OE business development. Bultemeier is a commercial vehicle industry veteran joining Jost with 25-plus years in the industry.
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This week is Brake Safety Week, one of two enforcement and outreach campaigns dedicated to promoting truck and bus brake safety held by the Commercial Vehicle Safety Alliance each year. The unannounced Brake Check is held each spring and Brake Safety Week each fall.
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Shipment of factory orders in July increased while new orders fell, according to a new Commerce Department report. Overall shipments saw their second hike in the past three months, but durable goods shipments fell slightly.
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A new government report shows revenue in the trucking business increased 1.5% in the first six months of the year in the United States compared to the same time in 2012.
Read More →A tractor-trailer separation incident in the town of Truxton, N.Y., last May that claimed seven lives happened when the fifth wheel wasn't locked correctly.
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