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
Government: Fitzgerald Now Owes $83 Million in Back Taxes
Attorneys for the U.S. Department of Justice have filed a counterclaim against Fitzgerald Truck Parts and Sales, adjusting the sum the glider truck maker owes the IRS to $83 million from $64 million for not collecting a 12% excise sales taxes on retail glider sales dating to 2012.
Uber Posts $5.2 Billion Loss in Q2
Uber Technologies Inc. declared its worst quarterly earnings, reporting a $5.2 billion net loss for the quarter ending June 30.
Americold Reports Lower Net Income, Higher Revenue
Americold Realty Trust, one of the world’s largest logistics companies focusing on temperature-controlled warehouse facilities, on Aug. 8 reported second-quarter net income dropped to nearly $4.9 million from $29.4 million in 2018, an 83.3% decrease.
Stamps.com Stock Soars on Forecast Improvement
Stamps.com Inc. shares surged Aug. 8 after the company raised the midpoint of its yearly forecast, easing some investors’ worst fears.
Oil Jumps Most in Month as Saudi Action Outweighs Demand Worries
Oil surged the most in nearly a month as investors digested Saudi Arabia’s latest plan to help stabilize prices following a large dip earlier in the week that was fueled by demand concerns.

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