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
Consumer Spending Tops Forecasts as Inflation Data Mixed
U.S. consumer spending rose more than forecast in November and the prior month was revised higher, a sign the biggest part of the economy is again poised to drive growth this quarter. An underlying inflation gauge watched by the Federal Reserve showed a slight pickup.
Glad Tidings Abound for Trucking
Trucking industry shareholders will remember 2018 fondly. The prospects for next year are pretty bright, too.
Trade Talks With US Planned for January, China Says
BEIJING — Chinese and U.S. envoys will hold talks in January aimed at resolving a tariff battle, a Ministry of Commerce spokesman said Dec. 20.
Online Sales Continue Solid Pace as Christmas Draws Near
NEW YORK — In the run-up to Christmas, online shopping continues to be strong. Online sales are up nearly 18% to $110.6 billion from Nov. 1 through Dec. 19, compared with the year-ago period, says Adobe Analytics, which tracks online spending.
Funding Negotiations Persist as Congress Looks to Avoid Partial Shutdown
With just days to go before Christmas, funding for the U.S. Department of Transportation and other agencies remained uncertain as President Donald Trump continued to push for robust funding for a wall along the border he said Mexico would pay for.
