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
Economy Grew Less-Than-Forecast 1.2% in Second Quarter
The U.S. economy expanded less than forecast in the second quarter after a weaker start to the year than previously estimated as companies slimmed down inventories and remained wary of investing amid shaky global demand.
Amazon Opening Third Chicago-Area Warehouse
E-commerce giant Amazon.com is opening a third Chicago-area fulfillment center in Romeoville, Illinois. The company didn't receive any local or state tax breaks.
UPS Considering $106 Million Expansion of Kentucky Ground Hub
UPS Inc. is considering a $106 million expansion of its ground hub in Lexington, according to state government officials.
ArcBest, Saia Announce Lower Second-Quarter Earnings
Second-quarter net income declined 31% at Saia Inc. and 49% at ArcBest Corp. as the trend toward lower earnings at most carriers persisted in a freight market both companies described as "challenging."
UPS Net Income Rises to $1.27 Billion in Second Quarter
UPS Inc. boosted second-quarter net income by 3.2% to $1.27 billion, or $1.43 per share, led by higher domestic and international profitability.
