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
US Payrolls, Wages Cool as Trade War Weighs on Economy
U.S. employers added the fewest workers in three months and wage gains cooled, suggesting broader economic weakness and boosting expectations for a Federal Reserve interest-rate cut as President Donald Trump’s trade policies weigh on growth.
Not a PR Stunt: GM Still Hopes to Sell Lordstown Plant to Workhorse
General Motors CEO Mary Barra said June 5 that the company still hopes to sell its Lordstown, Ohio, assembly plant to Workhorse Group, an electric-vehicle start-up, although questions have been raised about that company’s financial wherewithal.
Cost of Diesel Likely to Go Up Once Tariffs Begin to Hit Mexico
President Donald Trump’s threat to impose a 5% tariff on Mexican products June 10 unless he is satisfied the Mexican government has done enough to slow the surge of immigrants into the United States is likely to raise the price of diesel.
FMCSA Delays Public Release of HOS Proposed Rule
The long-anticipated Federal Motor Carrier Safety Administration hours-of-service proposed rule has been delayed from its original release date of June 7.
Significant Upward Changes in Trucker Pay Continue
A persistent driver shortage, near full employment and a favorable freight market last year have contributed to a “significant change” in the pace of pay increases in the first quarter of 2019, according to the National Transportation Institute.