Category: News

While everyone seems to know the important role military aircraft perform in patrolling our skies, most may not understand the role trucks play in keeping those planes aloft – especially refueling trucks.

America’s service industries expanded in December at the weakest pace in four months as orders cooled at companies that make up the bulk of the economy, a survey from the Institute for Supply Management showed Jan. 5.

The Rhode Island Department of Transportation banned tractor-trailers from all state highways for most of Jan. 4 as the state faced heavy snow and high winds.

North American Class 8 orders in December rolled past 37,000 and improved 75% year-over-year, ACT Research Co. reported.

The U.S. trade deficit in November reached the highest level in almost six years as an increase in imports exceeded a gain in shipments overseas, Commerce Department data showed Jan. 5.

Order volumes convince one industry analyst that 2018 and 2019 will be a good years for Class 8 production rates.

Order volumes convince one industry analyst that 2018 and 2019 will be a good years for Class 8 production rates.

U.S. payroll gains slowed by more than forecast in December, wages picked up slightly and the jobless rate held at the lowest level since 2000, adding to signs of a full-employment economy.

Like the trucking industry, the port authorities and Class I railroads believe the Tax Cuts and Jobs Act will benefit their modes of transportation, according to associations that represent them.

From large carriers to single-truck fleets, many in the industry are analyzing how the federal Tax Cuts and Jobs Act will impact their income and are formulating strategies to adapt to the new rules — including the possibility of restructuring their companies, accountants said.