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
Best Uses Electric Class 8 to Deliver Container, a First for Port of Newark
Best Transportation announced it used a Class 8 battery-electric vehicle to deliver a container from Port Newark to a Costco wholesale location within New Jersey without incident, calling it a first at the port and part of the carrier’s ongoing evaluation of electric trucks.
China Rejects FedEx’s Defense for Rerouted Huawei Packages
China rebuffed FedEx Corp.’s claims that it mistakenly rerouted some Huawei Technologies Co. packages to the U.S. and warned that authorities found other violations by the American delivery firm, raising concern the company could face repercussions from Beijing.
Werner 2Q Revenue Is Up, but Company Says Freight Volume Is Slowing
Werner Enterprises Inc. on July 25 reported net income of $43.3 million, or 62 cents a share, for the quarter ending June 30. The results marked a 13.4% increase from $38.2 million, or 53 cents a share, from the second quarter in 2018.
Universal Logistics Reports 12.9% Increase in Net Income for 2Q
Universal Logistics Holdings Inc. reported net income of $20 million for its quarter ending June 29, a 12.9% increase over the same quarter last year.
Ervin Equipment Founder Greg Ervin Dies at 58
Greg Ervin, founder and CEO of Ervin Equipment Inc., died July 18 from injuries suffered in a motorcycle accident near Sweetwater, Tenn. He was 58.
