The Senate’s next round of stimulus funding related to the coronavirus pandemic is likely to assist with education and boost the workforce, the chamber’s leader indicated.
July 16, 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 Slips as Looming OPEC Supply Surge Adds to Demand Woes
Oil snapped its two-day rally amid a weaker demand outlook underscored by the OPEC+ alliance’s decision to taper production cuts and U.S. economic data signaling a slowing recovery in the labor market.
July 16, 2020Study: Training Helps Younger Drivers Stay as Safe as Those Retiring
A study commissioned by FMCSA found "no safety-based reason not to use younger drivers" to help fill the void left by retiring older drivers.
July 16, 2020Barr Says US Overly Reliant on Chinese Goods, Services
The United States has become overly reliant on Chinese goods and services, including face masks, medical gowns and other protective equipment designed to curb the spread of the coronavirus, Attorney General William Barr said July 16.
July 16, 2020Convoy Unveils Service Targeting Owner-Operators, Small Fleets
Convoy introduced a dedicated freight service that aims to provide more work for owner-operators and small fleets.
July 16, 2020Americans Take Up New Eating Habits, Forcing Farms to Raze Crops
Americans have rapidly changed the ways they buy, cook and eat food in just four months, leaving everyone from farmers to restaurants unable to match their pivot.
July 16, 2020Truck Drivers Should Beware of CBD, Drug Policy Expert Says
The U.S. Department of Transportation told truck drivers use of CBD oils would be at their own career risk.
July 16, 2020House Transportation Panel Advances Water Infrastructure Bill
Legislation that would advance construction of certain freight projects and promote resilience across myriad water systems was easily approved July 15 by the transportation committee at the U.S. House of Representatives.
July 16, 2020Uber Takes Shot at Lyft in Defense to Gig-Worker Suit
Uber Technologies Inc. is trying to duck a California lawsuit that threatens to upend its business model — by pointing a finger at Lyft Inc.
July 16, 2020Number of Laid-Off Workers Seeking Jobless Aid Stuck at 1.3 Million
The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.
July 16, 2020