President Donald Trump said that Republicans and Democrats aren’t close to resolving their differences over a coronavirus stimulus package, and that Congress may need to pass some stopgap measures to prevent aid from running out.
July 29, 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.
USPS Grapples With Financial Crisis as Mail Delays Continue
Earlier this month, local letter carriers were told to delay delivering mail in order to save money for the United States Postal Service, a direction that apparently came from top federal officials to mail carriers throughout the country.
July 29, 2020C.H. Robinson Profit, Revenue Fall in Q2 Over COVID-19 Impact
C.H. Robinson Worldwide experienced a drop in second-quarter profit and a smaller dip in revenue as it dealt with the economic effects of the COVID-19 pandemic.
July 28, 2020TFI Profit, Revenue Fall Due to Impact of COVID-19
TFI International Inc. posted declines in profit and revenue for the second quarter but said business is starting to rebound.
July 28, 2020Gasoline’s Demand Rebound Fades at Height of US Driving Season
A sharp rebound in gasoline consumption that helped to drive oil prices higher appears to be running out of steam, a development that should be a cause for concern across the petroleum industry.
July 28, 2020New COVID-19 Stimulus With Transportation Aid Stuck in Congress
With much of the country looking to Washington for assistance, slow-moving negotiations on the next COVID-19 economic stimulus package have been marked by partisan disagreements.
July 28, 2020Cummins Posts Drop in Profit, Record Revenue Decline in Q2
Independent engine maker Cummins Inc. reported a sharp drop in second-quarter net income and a record decline in revenue.
July 28, 2020TRB Annual Meeting Goes Virtual for 2021
The Transportation Research Board’s 100th annual meeting will be held virtually this winter due to concerns over COVID-19.
July 28, 2020Oil Falls With US Stockpile Concerns Amplifying Demand Woes
Oil declined as investors turned their focus to domestic supply, with expectations for another build in U.S. stockpiles.
July 28, 2020Nikola to Launch New US Plant With Tre Cabover Model
The battery-electric cabover Nikola Tre model will be the first Class 8 off the assembly line at Nikola's manufacturing facility in Coolidge, Ariz.
July 28, 2020Trending
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