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
FedEx Opposes CP-Norfolk Southern Merger, Adding to Backlash Against Deal
FedEx Corp. told U.S. rail regulators that it is against Canadian Pacific Railway Ltd.'s proposed merger with Norfolk Southern Corp., adding to a long list of shippers opposing the deal.
Trade Gap Widens More Than Forecast as Exports Slump
The U.S. trade deficit widened more than forecast in January as exports slumped to the lowest level in more than four years.
Carlton Retires as CEO of NITL; Hedrick Is Replacement
CEO Bruce Carlton, who has headed The National Industrial Transportation League for eight years, retired as of March 1 and will be replaced by Jennifer Hedrick in the role of executive director, the trade group announced.
Trucking Loses 600 Jobs in February
The trucking industry lost 600 jobs in February, and the unemployment rate held at 4.9%, the Labor Department reported March 4.
TRAC Intermodal Reports 2015 Profit, Reverses Year-Earlier Loss
Chassis provider TRAC Intermodal reported 2015 net income of $26.7 million, reversing a year-earlier loss of $3 million as revenue improved 10%.
