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
UPS Adds Electric Vehicles With Longer Range
UPS Inc. announced that it purchased 125 additional hybrid electric delivery trucks as part of a broader program to deploy electric-powered vehicles with longer range and performance.
XPO to Buy Con-way for $3 Billion
XPO Logistics said it has agreed to acquire Con-way Inc. for $3 billion to broaden its supply chain offerings into less-than-truckload and U.S. truckload freight more and create a company with annual revenue of $15 billion.
FourKites Introduces Free Load-Tracking Service for Small, Midsize Brokers
Transportation technology supplier FourKites Inc. has introduced CarrierLink, a load-tracking service for freight brokers that monitors a shipment's location via a mobile application on drivers' smartphones.
Ocean Carrier CMA CGM Boosts Profit
French firm CMA CGM, the second-largest container carrier, reported a sharp increase in second-quarter results.
Safety Deadline May Exempt US Railroads From Freight-Hauling Obligations
U.S. railroads may not be obligated under federal law to carry freight including crude oil and hazardous materials starting Jan. 1 if they fail to meet a year-end deadline for implementing new train safety technology, according to a top federal regulator.
