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
Kenworth Expects Sales to Stay Strong, Celebrates MX-13 Engine Milestone
KIRKLAND, Wash. - The combination of higher freight tonnage, near total truck utilization, the elevated age of the average fleet and strong earnings reports from carriers point to a continued strong market for new truck sales into 2016, said Preston Feight, general manager of Kenworth Truck Co.
FetchDesk Launches Software to Streamline Freight Contracting
FetchDesk, a new supplier of transportation software, has launched a platform designed to streamline the freight contracting process for carriers, shippers and brokers.
Trucking Adds 700 Jobs in August; America Considered Fully Employed
The trucking industry added 700 jobs in August as the unemployment rate declined to 5.1%, a level that is considered full employment, the Labor Department reported Sept. 4.
The Simon Cos. Hires Rigby as CFO and COO
The Simon Cos. said it has hired Blake Rigby as chief financial officer and chief operating officer of its transportation, logistics and technology businesses.
UTi Worldwide Loss More Than Triples as Revenue Dips
UTi Worldwide Inc.'s fiscal 2016 second-quarter loss more than tripled to $70.6 million, or 70 cents per share, reflecting a decline in revenue and profit margin in its forwarding and other supply chain businesses.