Gold hits highest level since late April after weaker U.S. jobs data

Gold hit a six-week high on Monday, buoyed by disappointing U.S. jobs data on Friday that dimmed the prospects for an aggressive run of interest rate increases in the world's biggest economy. U.S. job growth slowed in May and employment gains in the prior two months were not as strong as previously reported, suggesting the labour market was losing momentum. "Gold has got a bit of a lift from payroll numbers from Friday which has carried through to today but there is also support from terrorist events," ETF Securities commodities strategist Nitesh Shah said, referring to an attack in London at the weekend.

Descartes acquires PCSTrac business

Descartes Systems Group announced it has acquired substantially all of the assets of the business of PCSTrac, Inc. including certain related assets of Progressive Computer Services Inc. dba PCS Technologies (collectively referred to as "PCSTrac").

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Making the IoT secure is key to making it work for trucking

One component critical to making the transportation and logistics sector a digitally-based enterprise – and a successful one at that – is the Internet of Things (IoT).

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Class 8 truck orders slowed in May

4 Arab nations cut diplomatic ties to Qatar as rift deepens

Four Arab nations cut diplomatic ties to Qatar on Monday over its relations with Iran and support of Islamist groups, isolating the tiny energy rich country by cutting off its land, sea and air routes ...

Truck show for kids to be held June 10

Oil prices dip on fears Middle East spat could harm OPEC cuts

Oil prices reversed gains to trade down on Monday on concerns that the cutting of ties with Qatar by top crude exporter Saudi Arabia and other Arab states could hamper a global deal to reduce oil production. Saudi Arabia, the United Arab Emirates, Egypt and Bahrain closed transport links with top liquefied natural gas (LNG) and condensate shipper Qatar, accusing it of supporting extremism and undermining regional stability. U.S. West Texas Intermediate futures were at $47.40 a barrel, down 26 cents.