U.S. home construction starts rose less than forecast in May, indicating builders were slow to resume work and contrasting more recent data that points to a pickup in housing demand.
June 17, 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.
California AG Xavier Becerra, Trucking Group Spar Over AB 5
Arguments by the California Trucking Association aimed at blocking enforcement of a new independent contractor law using the federal pre-emption clause are being challenged in a new court brief filed with the 9th U.S. Circuit Court of Appeals by California Attorney General Xavier Becerra.
June 17, 2020USDOT Nominee Joel Szabat Touts Long-Term Highway Reauthorizations
Multiyear federal guidelines on highway policy contribute to long-term planning at state agencies, USDOT nominee Joel Szabat said June 16.
June 16, 2020Boeing Max Disasters Spur Senate Bid to Toughen New-Jet Rules
A Senate bill introduced June 16 calls for more government oversight of aircraft certification in reaction to a pair of Boeing Co. 737 Max crashes.
June 16, 2020Amazon Deploys Social Distancing Software at US Warehouses
Amazon.com Inc. is deploying software in its warehouses to automatically warn employees when they are too close to colleagues, the latest effort by the retailer to adjust its facilities to life with the coronavirus.
June 16, 2020Nation’s Ports Post Drop in May Cargo
Container volumes in May were down at most of the nation’s major seaports as the facilities struggled with the deepening U.S. recession and the slowdown of Asian and European economies at the start of the coronavirus outbreak earlier this year.
June 16, 2020Volvo Announces Plan to Cut 4,100 From Workforce
Volvo Group will reduce its white-collar workforce by 4,100 starting in the second half of the year as it confronts lower demand during the novel coronavirus pandemic.
June 16, 2020OPEC Quota-Busters Start to Toe Line in June
Three OPEC members identified by their peers as failing to bring production down to target levels in May appear to have begun improving their compliance in June, if lower exports are any indication. But for the biggest overproducer, Iraq, that first step is a small one.
June 16, 2020DOD Pulls Back $20 Billion Contract for Military Family Moves
Military officials have pulled back a sweeping multibillion-dollar contract intended to address military families’ long-standing problems with delays and damaged goods during their roughly 400,000 annual moves to assignments around the globe.
June 16, 2020Iowa Transportation Commission Approves Five-Year Plan
The Iowa Transportation Commission recently approved the state’s transportation improvement program.
June 16, 2020Trending
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