Good luck raising prices — even if the economy is humming. Grocery chains have long awaited the right conditions to charge more for their products, and a broad view of the U.S. would suggest this is their moment: Unemployment is near historic lows, consumer confidence is high and inflation is inching upward. But companies are […]
More of a problem than the 14-hour overall time frame to drive and 10 hours of off-duty time specified for commercial truck drivers in the federal Hours of Service (HOS) rules is the continuous, unstoppable structure of that time, truck drivers have told Fleet Owner.
Truck orders in the first quarter of 2018 hit the second highest mark in history and mark the best period for orders since 2006, according to ACT Research. Truck orders have averaged 45,400 units per month, a mark that was only beaten in the first quarter of 2006 when the trucking industry experienced an ordering […]
The Federal Motor Carrier Safety Administration has assigned severity weights to each of about a dozen electronic logging device-related violations that are being recorded on a driver’s or motor carrier’s safety profile score.
Several organizations — including trucking’s leading owner-operator group — have sent a letter to the federal government opposing two pieces of legislation that would lower the age requirement for getting a CDL and driving from state to state.
For more than a decade, Chinese political and corporate leaders have been scouring the globe with seemingly bottomless wallets in hand. From Asia to Africa, the U.S. and Latin America, the results are hard to ignore as China has asserted itself as an emerging world power. Less well known is China’s diffuse but expanding footprint […]
An economic index that measures U.S. business trends continued to increase in March. The Conference Board Leading Economic Index rose 0.3% to 109, following increases with the index in January and February. Economists polled by The Wall Street Journal were expecting the index to rise by 0.3%. (This article requires a subscription to the Wall […]
The fall of the Toys “R” Us chain, with more than 700 U.S. stores, shows how much retail real estate has changed in just the last decade. When KKR & Co., Bain Capital, and Vornado Realty Trust took over the company in 2005, the buyers justified the $7.5 billion price, in part, because of the […]
The global economy is on course to grow 3.9% this year, the fastest pace since 2011, with every major economy poised to grow for the second year in a row, according to the International Monetary Fund’s latest forecast. (This article requires a subscription to the Wall Street Journal. To subscribe, please click on the above […]
U.S. housing starts increased in March but single-family home construction pulled back, which could spell continued inventory shortages and rapid price increases for buyers in the coming months. Total housing starts increased 1.9% in March from the previous month to a seasonally adjusted annual rate of 1.319 million, the Commerce Department said Tuesday. (This article […]
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