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
CP Rail Earnings Beat Expectations on Declining Costs
Canadian Pacific Railway reported third-quarter profit that topped analysts' estimates, buoyed by a weaker currency and expense reductions that included parking locomotives.
Housing Starts Rise as Construction Underpins Economy
New-home construction in the United States climbed in September, a sign residential real estate will bolster the world's largest economy.
Truck Tonnage Rises 3.1% in September, ATA Reports
Truck tonnage rose 3.1% in September, American Trucking Associations reported, signaling further expansion in a freight market where growth patterns have been uneven this year.
FedEx Pilots Approve 6-Year Contract With Bonuses, Raises
Pilots at FedEx Corp., owner of the world's biggest cargo airline, approved a six-year contract that provides a signing bonus, annual increases in hourly pay and more options for health-care benefits.
Cargo Thefts Decline in Third Quarter
Cargo thefts in the United States and Canada declined to $22.5 million from $45.8 million during the same period last year, according to CargoNet, which tracks trucking cargo crimes.
