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
Consumer Spending Rises by Most in Almost Six Years
Household spending climbed in May by the most in almost six years, buoyed by gains in incomes as the U.S. job market strengthened.
Jobless Claims Hold Below 300,000 for 16th Week
Filings for U.S. unemployment benefits held below 300,000 for the 16th straight week, signaling a tighter labor market that will help propel growth in the second half of 2015.
Kuehne + Nagel Agrees to Buy ReTrans
Swiss logistics company Kuehne + Nagel Group announced an agreement to acquire ReTrans Inc., a Tennessee-based freight management company to expand the buyer's U.S. operations.
Nafta Trade Drops by Most This Year
U.S. trade with Canada and Mexico dropped in April by the most this year, and freight carried by trucks declined, the Bureau of Transportation Statistics reported June 25.
Daimler Takes Minority Stake in Zonar
Daimler Trucks North America announced June 25 it has taken a minority stake in Zonar Systems Inc., expanding a relationship started earlier this decade with the Virtual Technician remote diagnostic platform.
