U.S. Department of Transportation officials convened virtually to unveil the comprehensive National Freight Strategic Plan on Sept. 3.
September 3, 2020Search
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Trucking Surges as Capacity Tightens Amid Continued Pandemic
More than six months into the COVID-19 pandemic the trucking industry’s health is stronger than the U.S. economy, as segments used in final-mile delivery, e-commerce, and deliveries to grocery stores and hospitals thrive.
September 3, 2020Freight Market Could Be Shifting in Favor of Carriers
The freight market could be shifting toward carriers after favoring shippers the past two years.
September 3, 2020US Trade Deficit Surges in July to Highest in 12 Years
The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount.
September 3, 2020Jobless Claims Give Mixed Picture With Shift in Adjustments
U.S. unemployment-claims figures gave a mixed picture of the labor market amid government changes to seasonal adjustments to account for distortions from the pandemic.
September 3, 2020Mitch McConnell Raises Doubts on New Stimulus
Senate Majority Leader Mitch McConnell expressed doubts about whether Congress can get a deal on another pandemic relief package when lawmakers return to Washington after a monthlong recess, despite the Trump administration’s push for a quick, targeted stimulus.
September 2, 2020Fed Survey Finds Pessimism About Economic Future
The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the threats posed by the coronavirus.
September 2, 2020$3 Billion Planned for Next-Generation Hydrogen Power Plants
Three power plants planned in New York, Virginia and Ohio will test whether hydrogen can one day replace natural gas in electric generation.
September 2, 2020United to Cut More Than 16,000 Jobs on Weak Travel Demand
United Airlines Holdings Inc. will eliminate 16,370 jobs next month as the carrier shrinks operations in response to the steep decline for air travel demand amid the COVID-19 pandemic.
September 2, 2020DOT Launches Tracking Tool for AV TEST Initiative
U.S. Department of Transportation officials unveiled an online tracking tool for the agency’s Automated Vehicle Transparency and Engagement for Safe Testing (AV TEST) Initiative on Sept. 2.
September 2, 2020