Transport Topics
Daimler CEO Warns of ‘Drastic’ Pay Cuts, Deeper Restructuring
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Daimler AG CEO Ola Kallenius said the maker of Mercedes-Benz cars and the industry as a whole face painful cutbacks to overcome the economic fallout of the COVID-19 pandemic.
Cargo Theft Likely to Increase Over July Fourth Holiday, Report Says
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Though cargo theft is a year-round problem for trucking, it is more of a concern around the July Fourth holiday, according to a report by CargoNet.
Is Density Related to COVID-19 Infection Rates? These Experts Say No
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Density is not related to confirmed COVID-19 infection rates, according to a study from a team of public health and planning experts.
House OKs $1.5 Trillion Infrastructure Plan That Impacts HOS, Insurance
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WASHINGTON — The Democratic-controlled House approved a $1.5 trillion plan July 1 to rebuild the nation’s crumbling infrastructure, pouring hundreds of billions of dollars into projects to fix roads and bridges, while also delaying implementation of hours-of-service revisions and increasing liability insurance minimums.
US Unemployment Falls to 11.1%; Trucking Adds 8,000 Jobs
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The U.S. unemployment rate fell to 11.1% in June according to the Labor Department as the economy added 4.8 million jobs and the easing of coronavirus-related restrictions allowed more businesses to reopen while bringing back some of their employees.
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