President Donald Trump met with some of the trucking industry's biggest names Thursday to talk about health care.
American Trucking Associations CEO Chris Spear discusses his meeting with President Trump, as well as the negative impact Obamacare had on the industry.
CNBC's Morgan Brennan takes a look at how Trump-era deregulation will likely give the trucking industry a boost.
NEW YORK, March 22- Trucking company Daseke Inc plans to double its pretax earnings over the next three years as it seeks aggressive growth through acquisitions to consolidate a fragmented area of the industry, the companys president, chief executive and founder said on Wednesday. The companys trucking fleet includes more than 3,000 tractors and 6,000 open...
WASHINGTON— The Supreme Court on Wednesday sided with hundreds of former workers at a New Jersey trucking company who said they were unfairly denied a claim for lost wages after the company filed for bankruptcy protection. The justices ruled 6-2 that a bankruptcy court should not have approved a plan allowing Jevic Transportation Inc. to settle other legal...
Don Broughton, Avondale Partners, discusses the blizzard's impact on the transportation sector.
DETROIT, March 7- U.S. truck maker Navistar International Corp on Tuesday reported a much wider-than-expected quarterly loss on continued industry weakness but said its new product line positioned it well for an expected market rebound in the second half of 2017.. "This marks an exciting new chapter in Navistar's history, and another step in our journey to...
Discussing the future of trucking as autonomous trucks are making their way onto the road, with Jason Seidl, Cowen Group airfreight & surface transportation analyst.
SAN FRANCISCO, Feb 23- Alphabet Inc's Waymo self-driving car unit sued Uber Technologies and its autonomous trucking subsidiary Otto on Thursday over allegations of theft of its confidential and proprietary sensor technology. "Uber's LiDAR technology is actually Waymo's LiDAR technology," said Waymo's complaint in the Northern District of California.
Sales at its logistics business, under which the company offers services such as warehousing and distribution, rose 8.6 percent to $1.38 billion in the fourth quarter ended Dec. 31. The company sold its truckload shipping business, acquired as part of its $3 billion Con-way deal, to Canadian trucking company TransForce Inc for $558 million in October.
Chris Wetherbee, Citi, provides his outlook on the Dow Jones Transportation Average as growth continues in the transport sector fueled by freight volume and "seasonal" weather patterns.
The truckmaker's shares fell as much as 11.59 percent to $26.25 in morning trading on Tuesday. Heavy-duty truck orders have been declining as trucking companies adjust their fleets amid lackluster retail sales and industrial output in the United States. Navistar expects 2017 class 8 industry volumes to range between 190,000 and 220,000 trucks while class...
Carter Worth, Cornerstone Macro head of technical analysis, goes to the charts to discuss why weakness may be ahead in the transportation sector. The "Fast Money" traders weigh in.
The "Fast Money" traders discuss why bad news for FedEx and UPS could be good news for retail.
Jason Seidl, Cowen Group transports analyst, weighs in on the transportation sector.
CNBC's Morgan Brennan reports the latest problems in the trucking industry, including orders for heavy duty commercial trucks dropping nearly 50%, and what this means for the economy.
GREEN BAY, Wisc., Oct. 14- A new regulation that will force U.S. trucking companies to electronically log employee hours is designed to limit accidents by keeping tired drivers off the road. The Federal Motor Carrier Safety Administration forecasts the regulation would save 26 lives per year and prevent 562 injuries. "Some of the smaller companies are just not...
*Jens Bjorn Andersen plans to keep DSV asset-light. COPENHAGEN, Oct 4- Denmark's DSV, which became the world's fifth largest freight transportation company by buying up competitors, is considering more large acquisitions to expand in a fragmented market despite weak growth in global trade. DSV's culture is embodied in chief executive Jens Bjorn Andersen,...
The company is working to establish itself as a freight hauler and a technology partner for the industry.
CNBC's Phil LeBeau talks with Troy Clarke, Navistar CEO, and Andreas Renschler, Volkswagen Truck & Bus CEO, about the impact of technology on the trucking industry.