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
Cosco Shipping to Sell $947 Million of Orient Overseas Shares
Cosco Shipping Holding Co. plans to sell as much as HK$7.43 billion ($947 million) of shares in Orient Overseas International as part of efforts by China’s biggest container-shipping line to maintain the listing status of the rival it is acquiring.
Pruitt’s Exit Prompts Lawmakers, Industry to Shift Spotlight to Acting EPA Chief
The end of Scott Pruitt’s run as head of the U.S. Environmental Protection Agency was announced July 5, and has members of Congress and stakeholders already focusing on his successor. EPA deputy administrator Andrew Wheeler was tapped to take on the role of acting chief starting July 9.
Shortage of Truck Drivers Hits New York Businesses, Pushes Up Wages
A national shortage of truck drivers because of factors such as a competitive job market is making an impact on New York’s Long Island, forcing businesses to adapt, and driving up the pay of workers seeking to drive a big rig.
Covenant Transport Services Acquires Landair Holdings
Covenant Transport Services has acquired Landair Holdings Inc. of Greeneville, Tenn., for $83 million in cash and the assumption of $15.5 million in debt.
Amazon to Open 60,000 Square Foot Oklahoma Warehouse
Additional permit applications filed this week show continued work to add an Amazon Delivery Center to the company’s growing Oklahoma City, Okla., presence.
