Transport Topics
- OPEC Cuts Output to Lowest Since 1991 as Virus Slams Oil Demand
- Safety Groups, Teamsters Petition FMCSA to Reconsider HOS Final Rule
- FedEx Posts Loss in Q4, Shows Improvement From Year Ago
- ASCE Report: COVID-19 Compounds Infrastructure Woes
- House Clears Extension of Small Business Loan Program to August
- Louisiana Passes Legislation Aimed at Significant Tort Reform
- Tesla Beats Delivery Expectations, Sending Shares Surging
- House Infrastructure Bill Will Never Become Law, Rep. Sam Graves Says
- FAA Concludes Three Days of Test Flights of Boeing’s 737 Max
- US Unemployment Falls to 11.1%; Trucking Adds 8,000 Jobs
- House OKs $1.5 Trillion Infrastructure Plan That Impacts HOS, Insurance
- Is Density Related to COVID-19 Infection Rates? These Experts Say No
- Cargo Theft Likely to Increase Over July Fourth Holiday, Report Says
- Daimler CEO Warns of ‘Drastic’ Pay Cuts, Deeper Restructuring
- Manufacturing Bounces Back in June on Reopenings
- CARB Releases Proposal to Cut Future NOx, Particulate Matter Emissions
- House Climate Change Plan Tackles Heavy-Duty Equipment at Ports
- Commodity Freighters Are Shrugging Off COVID-19 — For Now
- CBO Trims GDP Forecast for 2020, Lifts 2021 Projection
Nafta Truck Trade Grows to $59 Billion in May
The value of commodities moved by truck among the United States, Canada and Mexico increased 1.3% to $59.3 billion in May, the Department of Transportation announced.
Universal, Heartland Earnings Decline in Second Quarter
Universal Logistics Holdings Inc. second-quarter earnings fell 32%, and Heartland Express Inc. net income slipped 30%, consistent with weaker results reported by almost every other truckload carrier.
YRC Earnings Rise 4%
YRC Worldwide Inc. reported that earnings rose 4% in the second quarter due to the decline in expenses outpacing the drop in revenue for the company's two less-than-truckload divisions.
Daimler to Kick Off Medium-Duty Engine Production
YOUNTVILLE, Calif. - Daimler Trucks North America announced its Detroit-branded DD5 medium-duty engine will officially hit the market later this year in the Freightliner M2 106 truck model.
Consumer Sentiment Falls on Dimmer View of Economy
Consumer confidence slid in July from the prior month on dimmer views of the U.S. economy's prospects and lingering concerns among higher-income earners about global market conditions.
