Transport Topics
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Louisiana lawmakers have passed legislation aimed at helping the state’s truckers fight off excessive jury verdicts in court.
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The House gave final last-minute congressional approval July 1 to extending the popular Paycheck Protection Program for small businesses until Aug. 8, hours after the deadline for applications lapsed with more than $130 billion still available.
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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.
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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.
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