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A number of commercial fleets are planning to order fewer fleet vehicles in MY-2021, but the majority of surveyed fleet managers state there will be no change in order volumes and will stick to pre-existing replacement schedules.
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The Internal Revenue Service update of the depreciation limits for higher-priced passenger vehicles should have minimal impact on commercial leasing, fleet management company executives said.
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President Donald Trump is "not ready to act" on threatened auto import tariffs following a Tuesday meeting with his top trade advisers, an anonymous source told Bloomberg.
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FedEx will invest two-thirds of $200 million in increased compensation for hourly team members, due to the recently enacted tax reform signed by President Donald Trump.
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Speaking about the impact of Hurricanes Harvey and Irma at the FTR Transportation Conference, analysts estimated that the economic impact on the region could cost GDP 0.5% in the third quarter of 2017.
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Trucking and logistics interests are keeping a close eye on talks to revamp the North American Free Trade Agreement begin this week – particularly those involved in the automotive industry.
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FedEx Chairman and CEO Fred Smith warned that President-elect Trump's campaign promises to pull back on international trade agreements could be “catastrophic.”
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Heavier rail cars and an aging box car fleet are having a serious impact on overall rail congestion. The box car fleet responsible for moving vehicles is getting smaller by the year.
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The improved economic environment in developing and developed economies is restoring business confidence and pushing up the global sales volumes of medium- and heavy-duty trucks, will sales expected to increase to 2.87 million units by the end of 2014.
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The unemployment rate in construction dropped to the lowest April level in seven years as contractors added 32,000 workers to payrolls in April.
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