Chinese government officials told major state-run agricultural companies to pause purchases of some American farm goods, including soybeans, as Beijing evaluates the ongoing escalation of tensions with the U.S. over Hong Kong, according to people familiar with the situation.
June 1, 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.
Senate Republicans Seek to Clear Small Business Loan Changes
Senate Majority Leader Mitch McConnell will attempt to expedite approval of changes to the popular Paycheck Protection Program aimed at giving small businesses more flexibility in using the money from the fund, according to Senate aides.
June 1, 2020Movie Industry’s Drivers Granted Exemption From Full Drug Clearinghouse Queries
A group that manages the services of an estimated 12,000 drivers for major motion picture studios and independent and commercial production houses has been granted a five-year exemption from conducting full pre-employment queries of the Drug and Alcohol Clearinghouse for its drivers, FMCSA announced.
June 1, 2020Xtra Lease Orders 4,000 New Trailers for Delivery This Year
Xtra Lease, a provider of semi-trailer rentals and leases, has ordered 4,000 new trailers for 2020.
June 1, 2020Michigan DOT Assesses Needs, Starts Repairs After Extensive Flooding
The Michigan Department of Transportation is in the process of assessing and restoring infrastructure after severe flooding swallowed roads and bridges in the east-central portion of the state.
June 1, 2020Uncertainty About OPEC+ Cuts Has Oil Struggling to Sustain Rally
OPEC+ and its allies will decide as soon as this week whether to extend their historic output curbs, yet how long and to what extent global production curtailments remain in place will be crucial to sustaining crude’s rally after a record rebound last month.
June 1, 2020Aperia Offers Predictive Analysis for Tires With No Money Down
Aperia Technologies Inc., a supplier of tire management offerings, announced its Pro+ program is intended to make it easier for fleets to secure tech support for their businesses during the COVID-19 pandemic without upfront costs.
June 1, 2020Survey: US Factories Sink in May for Third Straight Month
American factories contracted for the third straight month in May as they continued to sustain economic damage from the coronavirus pandemic.
June 1, 2020Electreon Wireless Presses Ahead With Projects to Electrify Roads
Electreon Wireless is pressing ahead with projects to test its technology that allows electric cars to be charged while driving, potentially demonstrating a way to overcome a key barrier to the mass adoption of the vehicles.
June 1, 2020Trump Moves to Revoke Hong Kong Trade Status, Stoking China Rift
President Donald Trump intensified his confrontation with China, vowing to punish the country for the coronavirus pandemic and taking steps to curb Hong Kong’s autonomy by ending the territory’s special trade status with the U.S. and denying visas to Chinese officials.
May 29, 2020Trending
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