This morning, new SONAR indexes went live, giving a detailed look into tender rejections by equipment type and length of all, and adding employment data for various transportation modes.
Job growth improved considerably in May as the unemployment rate matched a near-50 year low. Trucking hires also made significant strides during the month, erasing the large decline in trucking employment from last month.
Trucking employment drops 5,500 in April, railroad jobs drop 800; Nestle pays Starbucks $7B+ to sell its products worldwide; Romaine lettuce E. coli still a mystery; China steps up quarantines of US food imports.
Job growth fell well short of expectations in March, but trucking hires continued to accelerate as the industry tries to address the current capacity crunch.
The economy added over 300,000 jobs in February, and trucking hires improved for the fourth consecutive month
Technology startup FR8 Revolution has received an investment from Sandhills Publishing as well as announced a new technology partnership with the company.
Amazon is now testing a delivery service that would make more products available for two-day shipping. Called Seller Flex, the service would apply to items purchased from third parties through Amazon’s e-commerce site.
For most high school seniors, it is ingrained from a young age that the only path to success is through a four-year university. Students are warned that if they don’t go to college, they will be stuck flipping burgers for the rest of their lives. But that doesn’t have to be the case.
After months of talking about his $1 trillion infrastructure improvement plan, President Donald Trump is finally set to unveil more details on the proposal today. Also, transportation’s best CEOs and there were fewer trucking jobs in May.
J.B. Hunt is investing $2.75 million in the University of Arkansas for creation of the J.B. Hunt Innovation Center of Excellence. The center will allow students to work with J.B. Hunt employees to solve real-word supply-chain problems. Also, tips on surviving a ransomware attack, consumer spending rises, and if there are so many jobs available, where are the workers?
This Week in Trucking, Elon Musk adds some details to his electric Tesla Semi program; the U.S. trade gap with Mexico is growing larger and Amazon faces a carrier lawsuit for refusing to pay shipping fees.
