Transportation Industry News

• Joseph Campbell Wins Kenworth Truck as Part of Military Hiring Program
  Military veteran Joseph Campbell, a driver for Roehl Transport, won the Transition Trucking: Driving for Excellence Award on Dec. 6 at the U.S. Chamber of Commerce.
• Diesel Drops 2.1¢ to $3.049 a Gallon
  The U.S. average retail price of diesel dropped 2.1 cents to $3.049 a gallon, the Department of Energy reported Dec. 9.
• Germany Edges Out Norway as Europe’s Biggest Electric Car Market
  Germany has pulled ahead of Norway for sales of all-electric cars since the start of the year, putting Europe’s biggest auto market in position to become the regional leader on an annual basis for the first time.
• Cass Partners With University of Tennessee on Two Indexes
  Cass Information Systems Inc. is partnering with the University of Tennessee-Knoxville’s Haslam College of Business to support two Cass transportation indexes, according to a Dec. 2 news release from Cass and UTK.
• Descartes Systems Reports Net Income Up 23%
  The Descartes Systems Group Inc., a Canadian logistics company, reported net income of $9.7 million in its third quarter ended Oct. 31, up 23% from $7.9 million the same quarter last year.
• By Washington Standards, Infrastructure Had a Moment in 2019
  Despite the attention-grabbing impeachment inquiry of President Donald Trump, the Environment and Public Works Committee in the U.S. Senate managed to advance a five-year highway reauthorization measure this summer. It was a modest step forward for policymakers, even though a long-term funding fix for highway programs was left unresolved. Here's your Capitol Agenda look at […]
• US Manufacturers Plan First Pullback in Investment Since 2009
  U.S. manufacturers expect to reduce capital spending in 2020, a trend that could limit a rebound in the sector even as companies see profits improving.
• Hendrickson Truck Lines Files for Chapter 11 Bankruptcy
  Hendrickson Truck Lines Inc., a small truckload and less-than-truckload carrier based in Sacramento, Calif., declared Chapter 11 bankruptcy Dec. 3, according to federal court documents, blaming a cut in rates and maintenance woes as reasons.
• Port Manatee Earns New Security Training Certification
  Florida’s Port Manatee announced its facility security officer training program — the only such approved course offered by a U.S. seaport — has earned new certification from the U.S. Coast Guard.
• Pelosi, White House Have Tentative Deal on USMCA
  The Trump administration and House Democrats are on the verge of announcing a handshake deal on the U.S.-Mexico-Canada free trade agreement, according to people familiar with the negotiations, paving the way for approval of the deal as early as this month while Democrats gear up for an impeachment vote.