The first hiccups in the distribution of a COVID-19 vaccine in the U.S. included a holdup in delivering 3,900 shots to two states and the announcement that Pfizer Inc. would deliver almost a million fewer doses next week than are set to ship this week.
December 16, 2020Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Negotiators Near Agreement on Long-Delayed COVID-19 Aid Bill
Top congressional leaders are closing in on an agreement on a long-delayed COVID-19 relief package, hoping to seal a deal as early as Dec. 16.
December 16, 2020NACFE Report Says Challenges Remain for Broad Fuel Cell Adoption
Hydrogen fuel cell technology will likely roll out in heavy-duty trucks over the next five years, but hurdles remain before U.S. motor carriers will adopt them beyond small numbers of test vehicles, according to a new report.
December 16, 2020Drones Could Help Bridge the Economic, Social Divides for Vaccine Distribution
The challenge of ensuring equitable distribution of the coronavirus vaccine is one of global scale, and the city of Miami provides a backdrop for the social and economic divides that the medical community must overcome.
December 16, 2020Retail Sales Fall 1.1% in November for Biggest Drop in Seven Months
Retail sales fell 1.1% in November, the biggest drop in seven months, as Americans held back on spending at the start of the holiday shopping season.
December 16, 2020Oil Jumps to Highest Mark Since February Amid Stimulus Optimism
Oil surged to the highest mark in nearly 10 months in New York alongside a broader market rally as breakthroughs on U.S. stimulus talks combined with the COVID-19 vaccine rollout stoked optimism around a demand revival.
December 15, 2020Getting US to Zero Carbon May Cost $2.5 Trillion by 2030
It’s going to take $2.5 trillion in spending over the next decade to get the U.S. on a path to a carbon-free economy, but the transition will help to pay for itself, Princeton University researchers say.
December 15, 2020Perspective: Value Feedback to Aid Driver Retention
In a year where so much has changed, 2020 has shown some small glimmers of hope regarding driver turnover.
December 15, 2020FRA Final Rule Requires State Highway-Rail Grade Crossing Plans
The Federal Railroad Administration has issued a final rule requiring states to develop, or in some cases, update action plans for highway-rail grade crossings.
December 15, 2020Trucking Seeks Liability Protections as Congress Debates New COVID-19 Aid
As lawmakers work on legislation that will provide additional relief funds to the transportation sector, the trucking industry is asking Congress to include provisions that ensure liability protection for motor carriers on the front lines of the coronavirus relief effort.
December 15, 2020