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
CSX to Cut 300 Jobs as Coal Freight Drops
CSX Corp. plans to cut 300 jobs at Erwin, Tennessee, in response to a steady decline in coal traffic.
Teamsters Carhaul Drivers Vote to Reject Contract
Teamsters carhaulers overwhelmingly rejected a tentative agreement covering about 6,000 workers, sending management and union negotiators back to the bargaining table.
Consumer Prices Rise in September, Pushed by Higher Rents
Consumer prices in the United States, excluding food and fuel, rose more than forecast in September, propelled by rising rents. Plunging energy expenses caused total costs to decrease by the most since January.
America's Highways Come Alive as Cheap Gas, Job Growth Spur Driving
Americans are increasingly taking to the highways and byways as lower gasoline prices and rising employment spur a "road trip recovery," according to Nicholas Colas, chief market strategist at Convergex.
Jobless Claims Fall to Lowest Level Since 1973
The number of Americans submitting applications for jobless benefits unexpectedly declined last week to match the fewest in four decades.
