Transport Topics
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Driver turnover at large truckload fleets rose 5% in the third quarter to a 95% annualized rate, according to American Trucking Associations, a mixed blessing for the industry as it registers strong freight volumes and an increasing shortage of drivers.
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German automotive and commercial vehicle supplier ZF Friedrichshafen AG announced Dec. 7 ZF CEO Stefan Sommer will step down immediately. Until a successor is appointed, deputy CEO Konstantin Sauer will assume the role of CEO on an interim basis.
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FedEx Corp. and UPS Inc. surged the most in more than a year Dec. 4 on expectations that they’ll reap particularly big gains from the tax-overhaul package making its way through Congress.
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Central Ohio bus drivers are warning state lawmakers that the push for automated vehicles may lead to job losses and unsafe conditions.
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