Sept 8- Samsung Electronics Co Ltd on Thursday asked a U.S. judge to allow the South Korean company to pay cargo handlers to remove its goods from Hanjin Shipping Co Ltd's vessels stationed near U.S. ports after the world's seventh-largest container carrier filed for bankruptcy. "There's no earthly reason why these parties should not be permitted to cut their...
CHICAGO, Sept 8- The collapse of Hanjin Shipping will boost the cost to U.S. businesses and consumers of a wide range of imported goods, from furniture and clothing to fresh fruit and frozen meat, according to federal agencies, shippers and retailers. United Parcel Service Inc said on Thursday it is seeing a bump in demand for its freight services and is working with...
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.
Troy Clarke, Navistar CEO, provides perspective on Volkswagen's bid to take a 16.6-percent stake in Navistar. And Andreas Renschler, Volkswagen Truck & Bus CEO, weighs in the importance of the deal. We can share technology and capture economies of scale, says Clarke.
CNBC's Phil LeBeau breaks down the details of Volkswagen's bid for Navistar as the U.S. truck market comes under pressure.
Volkswagen's trucking unit plans to hike its offer for Navistar to $16 a share, reports CNBC's Landon Dowdy.
Driverless car technology will also be a disaster for the millions of Americans who work as long-haul truckers, bus drivers or cab drivers.
What do some of the country's biggest truck companies think about Amazon's move into trucking, via their fleet of branded trailers? CNBC's Morgan Brennan reports at The Great American Trucking Show in Dallas, Texas.
WASHINGTON, Aug 26- Trucks and buses in the United States may have to be equipped with devices to limit their speed under a proposed rule issued on Friday by the U.S. Transportation Department which said the move could save both lives and fuel. Speed limits on interstate highways vary across the United States, with some states allowing vehicles to drive as fast as...
CNBC's Morgan Brennan reports on the future of trucking at The Great American Trucking Show in Dallas, Texas.
WASHINGTON, Aug 26- The U.S. Transportation Department on Friday issued a proposed rule that would require trucks and buses to be equipped with devices that would limit their speed, a move it said could save both lives and fuel. Speed limits on interstate highways vary across the United States, with some states allowing vehicles to drive as fast as 85 mph, though...
CNBC's Morgan Brennan reports tech giant Amazon is building its own delivery infrastructure as e-commerce demand grows and competition heats up in the shipping space.
Aug 18- Ride service Uber Technologies Inc said on Thursday it acquired self-driving trucks startup Otto and formed a $300 million alliance with Volvo Car Group to develop self-driving cars. Uber would also be positioned to expand into the trucking industry, which had revenue of about $726.4 billion in the United States in 2015, according to trade data.
CONCORD, Aug 4- Self-driving trucking start-up Otto is poised to put its software in the hands of long-haul truckers by the end of this year for testing, its co-founders said on Thursday. Otto, co-founded by Google car and map project veterans Anthony Levandowski and Lior Ron, will also begin testing five retrofitted Volvo trucks at Northern California's...
CNBC's Phil LeBeau reports on the performance of the Ram 1500, and other pickup truck brands tested in the IIHS crash test.
CNBC's Morgan Brennan talks with Werner Enterprises' Derek Leathers about his concerns of a slowing U.S. economy and its impact on the transportation sector.
CNBC's Morgan Brennan provides insight to the transport sector and whether the slowdown is signaling pain ahead.
Jason Seidl, Cowen Group, and CNBC's Morgan Brennan provide insight to the transport sector and whether the slowdown may signal a full on recession ahead in the U.S.
With a 48,000-driver shortfall, U.S. trucking fleets are recruiting from a little-tapped labor pool: women.
A driver shortage is pushing trucking companies to actively recruit more women, reports CNBC's Morgan Brennan, live from the Vince Lombardi rest stop in New Jersey.