Transport Topics
YRC Worldwide Receives $700 Million Federal Loan Package
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Less-than-truckload carrier YRC Worldwide Inc. received a $700 million federal loan in exchange for a nearly 30% share of the company.
CBO Trims GDP Forecast for 2020, Lifts 2021 Projection
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The U.S. economy will see a slightly deeper contraction this year but a bigger rebound in 2021 than previously forecast, according to updated estimates from the Congressional Budget Office.
Lordstown Motors Debuts Electric Truck as Market Heats Up
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The company that bought the aging Lordstown, Ohio, auto factory from General Motors last year unveiled an electric pickup truck it plans to build at the plant, one of many new electric light-trucks manufacturers plan to start selling over the next two years.
House Plans Consideration of $1.5 Trillion Infrastructure Bill
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House Democrats plan to schedule a vote before July 4 on a comprehensive infrastructure measure that aims to modernize freight corridors, reduce traffic congestion and promote climate change resilience infrastructure.
Economy Recovering, but Experts Fear Rise in Coronavirus Cases
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Experts are warning that signs of improvement in the U.S. economy could give way to another round of contractions as coronavirus cases increase in certain states.
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