Oil has whipsawed between gains and losses as concerns about the U.S.-China trade war compete with a pledge from Saudi Arabia to stem the price rout.
Category: News
Yield Curves Invert in US, UK as ‘Doom and Gloom’ Spreads
The stream of investors seeking refuge in the safest parts of the market has triggered yet another recession warning, with yield curves inverting from the United States to the United Kingdom.
German Economy Shrinks Amid Trade Concerns, Auto Woes
FRANKFURT, Germany — The German economy shrank by 0.1% in the second quarter from the previous three-month period as global trade conflicts and troubles in the auto industry weighed on Europe’s largest economy.
Making day cabs more efficient — and desirable
It’s good the industry is recognizing the growth of regional haul and the need to focus on making it as fuel-efficient as the better known long-haul segment.
Truckload van freight volume falls 3%, rates slip lower
Spot truckload freight volume increased 1.2% during the week ending Aug. 11, with the availability of spot reefer and flatbed freight making up for a decline in van loads, said DAT Solutions, which operates the industry’s largest network of load boar
Trailer Orders in Summer Slump
Preliminary net U.S. trailer orders in July dropped 68% from a year earlier, falling below 10,000 for the second consecutive month, FTR reported.
22 States Sue Trump Administration Over New Coal Rules
SACRAMENTO, Calif. — A coalition of 22 Democratic-led states sued the Trump administration Aug. 13 over its decision to ease restrictions on coal-fired power plants, with California’s governor saying the president is trying to rescue an outdated industry.
Perspective: Paving the Way for Health-Ready Technology
The commercial vehicle industry is poised to get even smarter thanks to health-ready components, says Wally Stegall of Morey.
C.H. Robinson Appoints Mike Zechmeister Chief Financial Officer
C.H. Robinson Worldwide announced Mike Zechmeister will join the company as chief financial officer, effective Sept. 3.
Medium-Duty Sales Climb in Summer Market
U.S. retail sales of medium-duty trucks in July rose 14% and cleared 22,000 units, WardsAuto.com reported.