Transport Topics
- ASCE Report: COVID-19 Compounds Infrastructure Woes
- FedEx Posts Loss in Q4, Shows Improvement From Year Ago
- Safety Groups, Teamsters Petition FMCSA to Reconsider HOS Final Rule
- OPEC Cuts Output to Lowest Since 1991 as Virus Slams Oil Demand
- Commodity Freighters Are Shrugging Off COVID-19 — For Now
- House Climate Change Plan Tackles Heavy-Duty Equipment at Ports
- CARB Releases Proposal to Cut Future NOx, Particulate Matter Emissions
- Manufacturing Bounces Back in June on Reopenings
- Daimler CEO Warns of ‘Drastic’ Pay Cuts, Deeper Restructuring
- Cargo Theft Likely to Increase Over July Fourth Holiday, Report Says
- Is Density Related to COVID-19 Infection Rates? These Experts Say No
- House OKs $1.5 Trillion Infrastructure Plan That Impacts HOS, Insurance
- US Unemployment Falls to 11.1%; Trucking Adds 8,000 Jobs
- FAA Concludes Three Days of Test Flights of Boeing’s 737 Max
- House Infrastructure Bill Will Never Become Law, Rep. Sam Graves Says
- Tesla Beats Delivery Expectations, Sending Shares Surging
- Louisiana Passes Legislation Aimed at Significant Tort Reform
- House Clears Extension of Small Business Loan Program to August
- YRC Worldwide Receives $700 Million Federal Loan Package
Oil Price Falls into Bear Market Territory
NEW YORK - Brent crude oil futures on July 23 settled at their lowest price since April, and U.S. crude fell into bear market territory and ended below $49 a barrel for the first time since late March as persistent concerns about ample supply and shaky demand offset support from the dollar's weakness.
Landstar, Ryder, TransForce Earnings Rise; Universal Falls 3%
Truckload carrier Landstar System Inc., leasing specialist Ryder System Inc. and diversified North American carrier TransForce Inc. reported higher second-quarter earnings, but net income fell 3% at Universal Truckload Services Inc.
Higher Rates Help Knight, Covenant Improve Profits
Two of the nation's largest truckload fleets raised second-quarter earnings with help from rate increases.
Sales of Existing Homes Climb to Highest Level in 8 Years
Sales of previously owned U.S. homes climbed to an eight-year high in June as momentum in the residential real estate market accelerated.
FedEx Agrees to Buy $10 Billion of Boeing 767 Jet Freighters
FedEx Corp. agreed to buy 50 Boeing Co. 767 freighters with a list value of about $10 billion, the model's largest-ever order, as it upgrades the fleet at the FedEx Express unit.
West Virginia Trucking Association members receive a 2.7% discount
The leading voice for the trucking industry in West Virginia, committed to safety, efficiency, and growth.