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
FedEx Profits Rise 1% But Miss Analyst Targets
FedEx Corp. reported profits rose about 1.3% for its fiscal second quarter versus one year ago, but earnings before tax and interest dropped 13% in the freight division, according to company earnings released Dec. 20.
Trump's DOT Pick Outlines Priorities for Agency
The effective enforcement of safety, repairing critical infrastructure and expediting the permitting process are priorities at the U.S. Department of Transportation that Elaine Chao said she will address if confirmed as transportation secretary in the Trump administration.
US Recession Coming in 2018, Says Asset Management Strategist
Tighter monetary policy, a strong dollar and wage pressure will help tip the U.S. into recession in 2018, says Vadim Zlotnikov, chief market strategist and co-head of multiasset solutions at AllianceBernstein.
Jobless Claims Increased to Six-Month High Last Week
The number of Americans filing applications for unemployment benefits rose more than expected to a six-month high last week, potentially reflecting seasonal swings in a still-healthy labor market.
Orders for US Business Equipment Increase More Than Forecast
Orders for U.S. business equipment climbed more than forecast in November, a sign that corporate investment is starting to firm up.

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