The U.S. budget deficit grew to $779 billion in Donald Trump’s first full fiscal year as president, the highest since 2012 amid tax cuts and spending increases.
Category: News
New Committee on Human Trafficking Includes Trucking Voice
Transportation Secretary Elaine Chao has appointed 15 people, including representatives of the trucking industry, to serve as members of the new Advisory Committee on Human Trafficking.
UPS Announces Hiring Blitz for Holiday Shipping Season
UPS Inc. plans to hire as many as 40,000 seasonal employees nationwide when it holds a one-day hiring blitz, the package delivery giant announced Oct. 15. UPS will hold 170 job fairs Oct. 19 and hire employees on the spot.
The drones are coming
Unmanned aircraft can help with package deliveries, yard and depot surveillance, traffic management, and more. How are drones being used and tested today, and what does it mean for delivery drivers?
Medium-Duty Trucks Ready for Battery-Electric Urban Deliveries, NACFE Report Says
Medium-duty commercial battery-electric vehicles are a viable alternative to diesel and gasoline-powered Classes 3-6 trucks in urban settings where the freight haul is less than 100 miles, according to a new guidance report from the North American Coun…
Better lubricants means better risk management
First-class lubricant products begin with better base oils, which serve as the crucial foundation of a fluid’s formulation.
Crossword Puzzle Solution October 15, 2018
Here’s the solution to the crossword puzzle found in the October 15, 2018 print edition.
Understanding how blockchain works
Blockchain is a decentralized, distributed digital ledger that cannot be altered retroactively. It could change the transportation industry.
Element Sells Stock, Winds Down Investment in Celadon Joint Venture
Element Fleet Management Corp. has sold 45 million shares of stock to a group of banks and investment firms for $300 million and will use the net proceeds to pay down debt and implement a plan to “meaningfully” improve the company’s financial performance and position the business for growth.
Sears Files for Chapter 11 Bankruptcy Amid Plunging Sales, Massive Debt
NEW YORK — Sears filed for Chapter 11 bankruptcy protection Oct. 15, buckling under its massive debt load and staggering losses. The question now is whether a smaller version of the company that once towered over the American retail landscape can remain viable or whether the iconic brand will be forced out of business