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
Maersk Line to Cut Capacity and Jobs as Global Demand Sags
A.P. Moeller-Maersk A/S is scaling back capacity and cutting jobs in the world's largest shipping line to adapt to a drop in demand.
Trade Gap Narrows on Lowest Oil Imports in a Decade
The U.S. trade gap shrank in September to a seven-month low, reflecting declining purchases of foreign fuel as the world's largest economy continued its drive toward energy independence.
Radiant Logistics Acquires Copper Logistics
Radiant Logistics has acquired Copper Logistics of Minneapolis and will use the company's location near the Minneapolis/St. Paul airport to expand its transportation and logistics operations in the upper Midwest.
Trilogy's CNG Fuel Technology Sold to Worthington Industries
Worthington Industries said it has acquired Trilogy Engineered Solutions' compressed natural gas fuel technology for heavy-duty trucks. Terms of the transaction were not disclosed.
Intermodal Rail Traffic Declines in October
U.S. rail intermodal traffic declined 1.4% in October compared with the same month the prior year, the Association of American Railroads reported.