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
Intermodal Rail Traffic Rises as Carloads Continue Decline
U.S. rail intermodal traffic rose for the week ended June 13 as carloads declined for the 11th consecutive week, the Association of American Railroads reported.
VW's MAN Truck-Making Unit Plans to Cut 1,800 Jobs to Lower Costs
MAN SE, the German truck maker owned by Volkswagen AG, plans to reduce the workforce of its European commercial-vehicle operations by about 5% to cut costs and revive profit.
Sysco's $3.5 Billion Bid for US Foods Blocked by Federal Judge
Sysco Corp.'s planned $3.5 billion takeover of US Foods Inc. was blocked by a federal judge, who said a merger of the food distribution giants would probably reduce competition and raise prices for hotels and restaurants.
FTR's Shippers Conditions Index Improves in April
FTR's Shippers Conditions Index rose in April after a sharp decline the prior month, according to the firm.
Consumers Help GDP Contract Less Than Last Estimated
The world's largest economy shrank in the first quarter, just not as much as previously estimated, with the help of a bigger gain in consumer spending.
