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
Old Dominion Pricing, Tonnage Improve in Early 2016
Old Dominion Freight Line earlier this month reported tonnage improved 3.2% in February and 2% in January on a year-over-year basis, and pricing measured per 100 pounds of freight improved, excluding fuel surcharges.
Norfolk Southern Again Rejects Canadian Pacific Acquisition Offer
Norfolk Southern Corp. for the third time rejected an acquisition offer from Canadian Pacific Railway Ltd., saying the latest proposal also was " grossly inadequate" and "creates substantial regulatory risks and uncertainties that are highly unlikely to be overcome."
Meritor Launches Extended Aftermarket Warranty for Wheel-End Products
Heavy-duty component supplier Meritor Inc. launched an extended warranty program, with two options, for its aftermarket wheel-end products.
Confidence Rises to Five-Month High as Americans Cheer Discounts
Confidence ended the year on a brighter note as low prices put U.S. consumers in the holiday spirit.
Capital Goods Orders Drop for First Time in Three Months
Orders for U.S. capital goods dropped in November for the first time in three months, showing businesses began tempering new investment after a third-quarter surge.