The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is weakening hiring and the economic rebound.
August 7, 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.
Global Stocks Erase 2020 Losses Amid US Rally
A gauge of global equities erased its losses for the year as U.S. stocks climbed on optimism that officials will come to terms on fresh economic stimulus. Gold extended gains amid speculation interest rates will stay low for longer.
August 6, 2020Cummins Is Top Overall Supplier of Class 8 Engines in First Half of 2020
Independent engine maker Cummins Inc. supplied a leading 34.7% of the diesel engines used in the first half of 2020.
August 6, 2020Oil Seesaws With Demand Woes Offsetting Tighter Supply Picture
Oil swung between gains and losses as uncertainty over the prospect of a U.S. virus relief bill that could boost fuel consumption offset signals of tightening global supply.
August 6, 2020CVTA: Driver Learner Permit, CDL Testing Delays Persist
More than one-third of state driver’s license agencies continue to face moderate to significant delays in conducting commercial learner permit knowledge tests, commercial driver license skills tests or actual issuance of the physical learner permits, according to a new survey by the Commercial Vehicle Training Association.
August 6, 2020Driver-Assist Technologies Touted at FMCSA Truck Safety Summit
The importance of hiring skilled drivers, the prospects for success with hair-based drug tests, the critical need for infrastructure funding and the promise of technology — especially as it relates to onboard vehicle systems — were among subjects discussed at an all-day Federal Motor Carrier Safety Administration Aug. 5 truck safety summit.
August 6, 2020Cadillac Set to Debut First All-Electric Vehicle
Cadillac is turning to its next chapter as an electric-vehicle brand with the debut of the 2022 Cadillac Lyriq crossover.
August 6, 2020USPS Election Role Becomes Flashpoint in Stimulus Talks
House Democrats want to throw a financial lifeline to the struggling U.S. Postal Service amid concerns that mail delays could lead to hundreds of thousands of legitimate votes being thrown out, potentially skewing the election. Senate Republicans say the money isn’t needed.
August 6, 2020Daseke Reports Q2 Revenue of $351.7 Million
Daseke Inc. reported second-quarter net income climbed out of the red compared with the year-ago period, lifted by changes over the past year to operational and cost improvement plans.
August 6, 2020Trending
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