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
Rebound in Consumer Prices Shows Inflation Stabilizing
A rebound in U.S. consumer prices in April signals inflation is stabilizing, supporting the case for Federal Reserve policymakers to raise interest rates, Labor Department figures showed May 12.
Gain in Retail Sales Suggests Slowdown Was Temporary
A pickup in U.S. retail sales last month adds to signs of steady consumer spending that will help propel the economy after a first-quarter slowdown, Commerce Department data showed May 12.
It's Back to Steady for US Economy as Retail Sales, CPI Rise
Data released May 12 showed consumer retail purchases rose last month, albeit less than forecast, after a March gain that was revised from a decline, indicating the early-2017 slowdown was transitory.
Four-Month High in Consumer Sentiment to Sustain Spending
A four-month high in consumer confidence indicates Americans remain optimistic about their incomes, helping to support steady growth in spending this year, University of Michigan survey data showed May 12.
Uber Adds Trucking Brokerage Firm Amid Longhaul Push
SAN FRANCISCO - Uber Technologies Inc. hired the team behind a Chicago transportation brokerage last fall as part of an effort to break into the longhaul trucking industry.