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
N.Y.-N.J. Authority Delays Bayonne Bridge Project Two Years
The Port Authority of New York and New Jersey announced a nearly two-year delay in completing a $1.3 billion bridge raising project that would allow the largest containerships to reach the third-largest U.S. port.
Summit Holdings Acquires Frontier International Trucks
Summit Holdings, a holding company formed by the merger of Diamond Cos. and Roberts Truck Center dealerships in October 2013, announced it has completed the acquisition of Frontier International Trucks.
For-Hire Trucking Loses Jobs in September, Department of Labor Reports
Total transportation services and warehousing jobs rose in September by 3,500, but for-hire trucking lost 4,000 jobs compared with August, the U.S. Department of Labor reported Oct. 2.
Con-way Freight to Up Rates
Con-way Freight, the nationwide less-than-truckload carrier of Con-way Inc., announced it will implement a general rate increase averaging 4.9% for noncontractual business, effective Oct. 19.
Consumer Comfort Reaches Highest Level Since Mid-July
Consumers were more upbeat last week than at any time since mid-July as Americans held the most favorable views of the buying climate in three months.
