Hurricane Delta made landfall Oct. 7 just south of the Mexican resort of Cancun as an extremely dangerous Category 2 storm, downing trees and knocking out power along the northeastern coast of Yucatan Peninsula, but without immediate reports of deaths or injuries.
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Hydrogen Double-Decker Buses Arrive in Europe’s Top Oil City
The world’s first double-decker hydrogen buses arrived in Aberdeen, Scotland, on Oct. 7, a city best known as a base for some of the world’s top oil companies.
October 7, 2020US Trade Deficit Widened in August to Largest Since 2006
The U.S. trade deficit widened in August to the largest since 2006 as the nation imported a record amount of consumer goods amid a pickup in demand ahead of the holiday shopping season.
October 6, 2020Trump Tells Team to Stop Stimulus Talks, Halting Months of Negotiations
President Donald Trump told his negotiators to stop talks with Democratic leaders on a fiscal stimulus package, hours after Federal Reserve Chair Jerome Powell’s strongest call yet for greater spending to shore up the economic recovery.
October 6, 2020Trump Touts Aid for Airlines, Small Businesses
Economic aid for a federal loan program for small businesses and for the airline industry, including cargo carriers, garnered the support of President Donald Trump.
October 6, 2020Powell Again Warns of Weak US Recovery Without Enough Aid
Federal Reserve Chair Jerome Powell warned of a weak U.S. recovery without sufficient government aid and said providing too much stimulus wouldn’t be a problem.
October 6, 2020US Job Openings Fell in August for First Time in Four Months
U.S. job openings declined in August for the first time in four months, pointing to a moderation in pace of hiring as the pandemic drags on.
October 6, 2020Hurricane Delta Now Category 2, Roars at Mexico’s Yucatan
Hurricane Delta rapidly intensified into a Category 2 hurricane with 110 mph winds Oct. 6 on a course to hammer southeastern Mexico and then grow to a potentially catastrophic Category 4 on approach to the U.S. Gulf coast this week.
October 6, 2020Diesel Drops to $2.387 for Fifth Consecutive Decline
The average price of diesel dropped seven-tenths of a cent to $2.387 a gallon, declining for the fifth consecutive week, the Energy Information Administration reported Oct 5.
October 5, 2020Extension Shoves Hot Infrastructure Issue to Back Burner
Infrastructure policy discussions are not front and center at the White House, and the recent enactment of a yearlong extension of the country’s premier highway policy law assures that there won't be substantial talks about transportation anytime soon. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
October 5, 2020