Transport Topics
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Independent owner-operators earned nearly 29% more net income than employee drivers in 2013, according to a study released Oct. 14 by the California Trucking Association and the Inland Empire Economic Partnership.
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Global oil markets will remain oversupplied next year as demand growth slows and Iranian exports are poised to recover with the lifting of sanctions, the International Energy Agency said.
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Ryder System Inc. became the third publicly traded trucking industry company to lower third-quarter earnings expectations by announcing that its profits would be 10 cents per share to 13 cents per share below its earlier forecast.
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Singapore unveiled its public transport future, and it was a vision of passengers commuting in driverless buses along roads and freeways populated by platoons of autonomous trucks following a single driver.
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