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
Capitol Agenda for the Week of Dec. 1: One More Kick of the Can?
Perhaps there's some consolation to be taken in the fact that the short-term extensions keep getting shorter. But it looks like once again, Congress will have to kick the can down the road just a little bit farther, since it doesn't appear to have enough time to act on a long-term highway funding bill by Dec. 4. Here's what's ahead for trucking this week on Capitol Hill.
U.S. Capitol Christmas Tree Completes Journey From Alaska, Will Be Lit Dec. 2
Lynden Transport driver John Schank has completed his 3,000-mile delivery of the U.S. Capitol Christmas Tree and the tree will be lit on Dec. 2 by Speaker of the House Rep. Paul Ryan (R-Wis.) at 5 p.m. ET.
Jobless Claims Decline to Lowest Level in a Month
Applications for unemployment benefits fell more than forecast last week as claims moved closer to a four-decade low that shows a resilient labor market.
Consumer Spending Rises Less Than Forecast as Americans Pocket Savings
Household spending rose less than forecast in October, showing the biggest part of the U.S. economy was off to a slow start heading into the holiday-shopping season.
Descartes Systems Acquires Oz Development
Canadian technology provider Descartes Systems Group announced a $29.5 million acquisition of Oz Development Inc., which helps small to midsize companies automate logistics.