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
Consumer Comfort Steadies With Positive Outlook on Economy
Consumer confidence in the United States stabilized last week as more favorable views on the economy helped make up for a deterioration in attitudes about the buying climate.
Existing Home Sales Rise to Highest Level Since February 2007
Purchases of previously owned U.S. homes unexpectedly rose in July to the highest level since February 2007, consistent with further strength in the housing market.
Volvo's North American Deliveries Rise 1% in July
Volvo Group's North American truck deliveries rose 1% in July from the same month last year, the company reported Aug. 20.
Rail Intermodal Volume Rises to Highest Level in 10 Weeks
Rail intermodal volume increased to the highest level in 10 weeks, according to a report by the Association of American Railroads.
Trailer Orders Gain 7.4% Year-Over-Year, ACT Reports
Trailer orders in July totaled 20,313 units, which continued to top the 2014 pace, but trailed well behind a very strong June result, ACT Research reported.