GM announced yesterday that it will stop developing new gas-powered vehicles and instead will invest in electric and fuel-cell vehicles, including a truck platform that could potentially serve as a package delivery vehicle in last-mile operations.
As efforts to delay implementation of the electronic logging device rule continue to flounder in Congress, opponents have received an olive branch from CVSA. The group says that while it will enforce the ELD mandate on Dec. 18 as planned, out-of-service orders will not be issued until April 1, 2018.
Contract pricing, which has affected second-quarter earnings for a number of 3PLs, remains weak according to the latest data from FTR.
The trucking turnover rate at truckload fleets remains near historical lows, but it did tick up a bit in the first quarter of 2017, said the American Trucking Associations.
