U.S. airlines reported signs that travel demand is perking up, suggesting the beginnings of a rebound from an unprecedented collapse because of the coronavirus pandemic.
May 19, 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.
Oil Falls Despite Signs of Tightening Market, Demand Recovery
Oil prices fell even as supply curbs tightened the market and demand rebounded with the reopening of major economies.
May 19, 2020Infrastructure Funding in Limbo as House, Senate Weigh Options
The leadership for Senate Republicans and House Democrats announced differing legislative strategies during an economic and health crisis that has prompted several transportation stakeholders to urge emergency assistance.
May 19, 2020Prestolite Electric Announces New Line of Alternators
Prestolite Electric, a global manufacturer and supplier of high-output alternators for original equipment manufacturers and the aftermarket, announced it will begin producing a new line of Leece-Neville IdlePro Extreme 24V 275-amp brushless alternators.
May 19, 2020Trump to Announce Rules for Broad $19 Billion Farm Bailout
President Donald Trump is set to unveil rules May 19 for a $19 billion coronavirus farm aid package covering a broad swath of American agriculture that producers can begin claiming by next week.
May 19, 2020Walmart Sales Soar on Consumer Stockpiling, Online Shift
Walmart Inc. jumped May 19 after reporting coronavirus-related stockpiling led to a surge in quarterly sales, underscoring the company’s strong position amid widespread carnage in the U.S. retail sector.
May 19, 2020April Tonnage Down 11.3% Year-Over-Year
April truck tonnage declined 11.3% compared with year-ago levels, the steepest year-over-year decline since 2009, American Trucking Associations reported.
May 19, 2020ITI Launches Online Safety Training for Delivery Fleets
Instructional Technologies Inc. announced ClearDrive online training programs are available for delivery van, commercial sedan and work truck drivers.
May 19, 2020Reliance Partners Names Thom Albrecht Chief Financial Officer
Reliance Partners, an independent insurance agency serving the commercial vehicle industry, announced the addition of Thom Albrecht as chief financial officer.
May 19, 2020Americans Still Skeptical of Self-Driving Cars, Poll Shows
Nearly half of Americans say they would not get in a self-driving taxi, according to a poll commissioned by the advocacy group Partners for Automated Vehicle Education.
May 19, 2020Trending
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