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
East Coast Port Cargo Traffic Surges as West Coast Falters
Growing international trade and continued diversion after West Coast dock disruptions have enabled the three largest East Coast ports to record double-digit cargo gains, based on the latest reports from New York-New Jersey, Savannah, Georgia, and the Norfolk, Virginia, area.
Trade Deficit Widens, Showing Effect of Strong US Dollar
The trade deficit in the United States widened in June as the strong dollar lifted imports and hobbled exports, representing a hurdle for economic growth.
Service Industries Expand at Fastest Pace in a Decade
America's service providers from restaurants to real estate agencies expanded in July at the strongest pace in a decade, putting the U.S. economy on track for faster growth.
XPO Sets $23 Billion Revenue Target, Reports 2Q Loss
Fast-growing XPO Logistics Inc., which grew to a $9 billion annual revenue business from $175 million less than four years ago, has set a $23 billion annual revenue target by the end of 2019, CEO Bradley Jacobs told Transport Topics on Aug. 5.
Obama Taps Darling to Be FMCSA Administrator
President Obama nominated T.F. Scott Darling III for Senate consideration to be the fifth head of the Federal Motor Carrier Safety Administration, where he is currently chief counsel.