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
Nation’s Ports Seek Billions in Multimodal Funding to Stay Competitive
The American Association of Port Authorities believes that in order for America’s ports to remain efficient and competitive during the next decade, more than $20 billion will be needed specifically to improve multimodal and rail access.
Investment Firm Madison Dearborn Partners Agrees to Acquire Sirva
Sirva Inc., the nation’s second-largest household goods mover, has agreed to be acquired by Madison Dearborn Partners, a private equity firm based in Chicago, for an undisclosed amount.
Used Truck Sales Rise 9% in April, ACT Research Reports
Used truck sales in April reached 22,900, up 9% from 21,000 in the same month in 2017, according to ACT Research Co.’s industrywide estimate.
Capital-Equipment Orders Rise in Sign of Resilient Demand
Orders placed with U.S. factories for business equipment rebounded in April even as the prior month’s figure was revised downward, indicating resilient demand at the start of the second quarter, Commerce Department figures showed May 25.
DOT Launches BUILD Grant Webinar Series
The U.S. Department of Transportation launched the first of a series of webinars May 24 to teach people how to compete for Better Utilizing Investments to Leverage Development, or BUILD, discretionary grants.