WASHINGTON — The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient.
Category: News
Biden Administration Awards $653 Million to Upgrade Ports
WASHINGTON — The Transportation Department on Nov. 3 awarded $653 million in grants to upgrade and improve 41 water-based ports across the United States.
UAW Members at Michigan Ford Plant Approve New Contract
DETROIT — Autoworkers at the first Ford factory to go on strike have voted overwhelmingly in favor of a tentative contract agreement reached with the company.
Maersk to Slash 10,000 Jobs
COPENHAGEN, Denmark — Maersk said Nov. 3 that it plans to eliminate 10,000 jobs due to what it described as a challenging environment for container trade and logistics services.
Map: Where They Are
Get a continent-by-continent and country-by-country look at where the 2023 Top 50 Global Freight Companies are based.
Perspective: As an Industry, Let’s Win the Sale
At a time when our political system has grown so adversarial, I believe trucking threads a needle of common purpose.
Mack Trucks Launches Subscription-Based Leasing for MD Electric
SONOMA, Calif. — Mack Trucks on Oct. 30 launched ElectriFi Subscription, a usage-based leasing option for the MD Electric truck.
Speaker Johnson Points to Another Short-Term Funding Bill
Two weeks before government funding expires, Speaker Mike Johnson raised the possibility for the House to consider another short-term stopgap measure.
Mack Trucks Showcases MD Electric Truck in California
SONOMA, Calif. — Mack Trucks showcased its medium-duty MD Electric truck Oct. 30 through Nov. 1 at Sonoma Raceway.
Cummins Profit Soars as Meritor Deal Boosts Revenue
Cummins Inc. posted a 64% year-over-year jump in profits in the third quarter of 2023 as the acquisition of axles and brakes specialist Meritor continued to boost the company’s bottom line.