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
Amazon Doubles Its Warehouse Presence in Illinois, California Cities
Amazon announced plans to at least double its presence in Joliet, Illinois, and Tracy, California, adding second warehouses in both locations that will bring thousands of jobs to those communities.
Consumer Sentiment in US Increases Less Than Forecast in May
Consumer confidence in the United States climbed less than forecast in May as Americans were a little less ebullient about the economy's prospects in the run up to the presidential election, the University of Michigan's report showed May 27.
Old Dominion Plans $250 Million Share Repurchase
Old Dominion Freight Line Inc. said its board has approved repurchase of as much as $250 million in stock over a two-year period.
YRC Names Justin Hall as Chief Customer Officer
YRC Worldwide Inc. announced Justin Hall is joining the carrier on June 1 in the newly created position of chief customer officer from Logistics Planning Services, where he was president and visionary.
TNT Deal Raises FedEx Employment to Almost 400,000
In one fell swoop, FedEx ballooned to nearly 400,000 employees worldwide and close to $58 billion in annual revenues. The jewel of FedEx's acquisition of TNT Express last week is a European road network linking 40 countries, but the heart of FedEx remains in Memphis, Tennessee.
