Transport Topics
US Unemployment Falls to 11.1%; Trucking Adds 8,000 Jobs
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The U.S. unemployment rate fell to 11.1% in June according to the Labor Department as the economy added 4.8 million jobs and the easing of coronavirus-related restrictions allowed more businesses to reopen while bringing back some of their employees.
FAA Concludes Three Days of Test Flights of Boeing’s 737 Max
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Testing of the 737 Max jetliner’s revised flight-control systems by U.S. regulators and Boeing Co. wrapped up July 1, laying the foundation for the plane’s possible return to service later this year.
House Infrastructure Bill Will Never Become Law, Rep. Sam Graves Says
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A $1.5 trillion infrastructure package advanced by the U.S. House of Representatives on July 1 will never be enacted into law, said the top Republican on the chamber’s transportation panel.
Tesla Beats Delivery Expectations, Sending Shares Surging
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Tesla Inc. reported a sequential gain in quarterly deliveries that seemed improbable weeks ago, sending its stock surging toward Wall Street’s most bullish price target.
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