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
FedEx Fiscal Second-Quarter Net Income Increases
FedEx Corp. net income in the second quarter of its 2016 fiscal year rose 4% to $693 million, or $2.44 per share, including one-time effects, driven by 26% higher profits at Express and 13% better results at its Ground unit.
Crude Falls Below $35 per Barrel in New York for First Time Since 2009
Oil fell below $35 a barrel in New York for the first time since 2009 as Iran reiterated its pledge to boost crude exports, bolstering speculation OPEC members will exacerbate the global oversupply.
Natural Gas Slumps to 10-Year Low as Forecasts Keep Getting Warmer
Record warmth sent U.S. natural gas prices tumbling to a 10-year low as December appeared to be a bust for bulls.
Holiday Online Orders Have Shippers in Highest Gear
The holiday shipping season is in overdrive now, with the next two Mondays expected to be among the busiest of the year.
Mexico's Trucking Challenges Include Aging Equipment, Poor Road Network
PUERTO VALLARTA, Mexico - The trucking industry of the United States' southern neighbor remains plagued by poor infrastructure, high diesel prices and an average fleet age of about 17.9 years.
