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
Jack Cooper Holdings Acquires Assets of Selland Auto Transport
Jack Cooper Holdings has acquired the assets of Seattle-based Selland Auto Transport, a move that extends the car hauler’s presence in the western United States and provides more balance to the firm’s delivery network.
Consumer Spending Rises 0.6% in October
WASHINGTON — Consumers boosted their spending in October at the fastest pace in seven months, while their incomes rose by the largest amount in nine months — both good signs for future economic growth.
US, China Agree to Delay Consideration of New Tariffs
President Donald Trump and Chinese President Xi Jinping agreed to keep their trade war from escalating with a promise to halt the imposition of new tariffs for 90 days as the world’s two largest economies negotiate a lasting agreement.
Logistics Startup Shipsi Raises $1.9 Million in Seed Funding
Logistics startup Shipsi has raised $1.9 million in its most recent round of funding, the company announced in a Nov. 28 press release. The seed funding follows an initial self-injection of $350,000 and a friends-and-family raise of $380,000.
Silver Oak Leads Recapitalization of North American Roofing
Lower-middle market private equity firm Silver Oak Services Partners has announced it is leading the recapitalization of North American Roofing, in partnership with management and co-investors, per a Nov. 21 press release.
