Transport Topics
Transport Topics
- ASCE Report: COVID-19 Compounds Infrastructure Woes
- FedEx Posts Loss in Q4, Shows Improvement From Year Ago
- Safety Groups, Teamsters Petition FMCSA to Reconsider HOS Final Rule
- OPEC Cuts Output to Lowest Since 1991 as Virus Slams Oil Demand
- Commodity Freighters Are Shrugging Off COVID-19 — For Now
- House Climate Change Plan Tackles Heavy-Duty Equipment at Ports
- CARB Releases Proposal to Cut Future NOx, Particulate Matter Emissions
- Manufacturing Bounces Back in June on Reopenings
- Daimler CEO Warns of ‘Drastic’ Pay Cuts, Deeper Restructuring
- Cargo Theft Likely to Increase Over July Fourth Holiday, Report Says
- Is Density Related to COVID-19 Infection Rates? These Experts Say No
- House OKs $1.5 Trillion Infrastructure Plan That Impacts HOS, Insurance
- US Unemployment Falls to 11.1%; Trucking Adds 8,000 Jobs
- FAA Concludes Three Days of Test Flights of Boeing’s 737 Max
- House Infrastructure Bill Will Never Become Law, Rep. Sam Graves Says
- Tesla Beats Delivery Expectations, Sending Shares Surging
- Louisiana Passes Legislation Aimed at Significant Tort Reform
- House Clears Extension of Small Business Loan Program to August
- YRC Worldwide Receives $700 Million Federal Loan Package
Container Shipping Lines Ordered to Testify in US Sector Probe
The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation over practices by an industry that is the backbone of world trade, the companies said on March 22.
FedEx Profits Up 3.7%, Earnings Forecast Misses Mark
FedEx Corp. reported that profits rose 11% year-over-year on higher revenue due to a rate hike last autumn, but lower operating income companywide due to higher fuel costs, one fewer operating day at FedEx Express and FedEx Ground, and higher costs to expand the Ground network.
Claims for Jobless Benefits Increase to Seven-Week High
Filings for U.S. unemployment benefits rose to a seven-week high, representing a departure from other data showing a solid labor market.
New-Home Sales Climb to Seven-Month High in February
Purchases of new homes increased in February to a seven-month high, indicating the effects of the recent rise in borrowing costs on the U.S. residential real estate market have been modest.
Oil Trades Near $48 as Investors Await Upcoming Producer Talks
Oil was little changed before a meeting between OPEC and its allies that may signal the outlook for extending their output curbs.

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