Oil is poised for the first weekly decline this month as signs of stumbling recoveries in major economies from Europe to Asia threaten to delay a demand rebound.
August 21, 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.
More States Sue DeJoy, USPS Over Mail-in Voting Concerns
Six more states and the District of Columbia sued Postmaster General Louis DeJoy over changes at the U.S. Postal Service that Democrats allege will undermine the expected surge in mail-in voting during an election that will play out during the coronavirus pandemic.
August 21, 2020Amazon Names Logistics Head Dave Clark New Consumer CEO
Amazon .com Inc. has named logistics boss Dave Clark CEO of its retail business.
August 21, 2020Navistar Joins Effort to Adopt Electric Vehicle Standards
Navistar Inc. joined a global coalition of industrial and automotive businesses pushing to create standards for electric vehicles, the company announced Aug. 20.
August 21, 2020USPS Chief DeJoy: Election Mail Will Get Delivered on Time
Postmaster General Louis DeJoy defended his management of the U.S. Postal Service and said the agency is “fully capable†of handling what is expected to be a record number of mail-in ballots in the November election.
August 21, 2020Deere Raises Outlook With Farm Demand Cushioning Downturn
Deere & Co., the largest maker of agricultural machinery, increased its sales outlook for the year as farm equipment demand remained resilient despite an “uncertain†market due to the coronavirus pandemic.
August 21, 2020Not Feeling Ducky: Mascot Among Those Missing NTDC
It’s not just the drivers who are disappointed the National Truck Driving Championships were canceled this year. The mascot feels like a duck out of water.
August 20, 2020American Airlines to Drop Flights to 15 Cities in October
American Airlines will drop flights to 15 smaller U.S. cities in October when a federal requirement to serve those communities ends.
August 20, 2020Equipment Finance Leaders Report Improved Confidence
Confidence in the equipment finance market rose in August, according to the Equipment Leasing & Finance Foundation.
August 20, 2020Uber, Lyft Win Delay on Converting Drivers to Employees
Uber and Lyft were spared from having to rapidly convert their California drivers to employees after an appeals court agreed they can keep their business models in place while challenging a judge’s order to comply with a state labor law.
August 20, 2020