The number of Americans seeking unemployment benefits was higher than forecast for a second straight week, adding to signs that the recovery is cooling amid a pickup in coronavirus cases.
June 25, 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.
In Ohio, Lordstown Motors Is a Glint of Hope Among Heartbreak
In a cavernous Northeast Ohio factory that General Motors Co. left last year, a small group of engineers is coaxing dormant robots back to life — one by one — in a long-shot bid to build a new type of pickup truck.
June 24, 2020XPO Stresses Agility in Supply Chain Management During Pandemic
Executives from XPO Logistics said flexibility, visibility and data science have been key to navigating the business landscape during the coronavirus pandemic, as it relates to both employees and customers.
June 24, 2020US Regulators Order New Fix for Grounded Boeing Max Planes
U.S. safety officials will require all Boeing 737 Max airliners to be inspected for a manufacturing defect on engine coverings that they say could lead to loss of power during flights.
June 24, 2020China’s Virus-Safety Demand Is Latest Hurdle to Trade Deal
China wants international shippers of meat and soybeans to sign a document attesting their cargoes meet safety standards to ensure they aren’t contaminated with the novel coronavirus.
June 24, 2020American Air Pilots Want US to Buy Seats for Distancing
American Airlines Group Inc.’s pilots are calling on the U.S. government to pay for enough jetliner seats to enable social distancing during the coronavirus pandemic.
June 24, 2020Logistics Costs Increase to $1.63 Trillion in 2019
Business logistics costs increased marginally in 2019 as conditions in the sector normalized, but the COVID-19 pandemic has brought uncertainty to the outlook for 2020, the Council of Supply Chain Management Professionals announced in a June 23 report.
June 24, 2020NACFE 'Run on Less Regional' Results Prompt Feedback, Analysis
Industry feedback aimed at a report on regional trucking called for additional attention to the complexity of managing aerodynamic equipment in that operational environment, and generated new assumptions on the length of haul.
June 24, 2020Americans Are Avoiding Stores Again in New Virus Hot Spots
While evidence of a virus-sparked consumer pullback is largely anecdotal for now, it would be a setback for a U.S. economy that has just started to perk up, with retail sales jumping to a record in May.
June 24, 2020Starsky Robotics Founder Discusses Future of Autonomous Trucking
Automated technology developers are shooting for the moon when they could instead be implementing ground-level initiatives in trucking, the founder of Starsky Robotics says.
June 24, 2020