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
Housing Starts Climb to Nearly Eight-Year High
New home construction in the United States climbed in July to the highest level in almost eight years, indicating the industry will pick up in the second half of the year.
Truck Tonnage Jumps 3.7% in July, Hits Second Best-Level Ever
Truck tonnage rose 3.7% last month on a year-over-year basis, rebounding to the second-highest level ever with help from improved retail sales, housing starts and factory output, American Trucking Associations reported.
Report Says Proposed GHG Rule Good for Bottom Line
A report on the proposed Phase 2 greenhouse-gas rules found 87% of medium- and heavy-duty fleet operators surveyed earlier supported increased fuel efficiency and fewer emissions because the changes would also reduce what typically is trucking's second-biggest expense, fuel.
Port of Brownsville Adds Cargo Dock, Storage
The Port of Brownsville, Texas, on Aug. 12, opened a $27.5 million, 650-foot marine cargo dock and storage yard, an expansion designed for the port to compete more effectively with major domestic and foreign counterparts in the Gulf of Mexico region.
UPS Completes $1.8 Billion Coyote Logistics Acquisition
UPS Inc. announced it has completed the $1.8 billion purchase of third-party provider Coyote Logistics to expand the package carrier's presence in the domestic brokerage market.