Allison Transmission Holdings Inc. reported first-quarter net income and revenue slipped after a 19% decline in its largest market, North American on-highway.
May 5, 2020Search
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Detroit Automakers Look to Restart North America Plants May 18
Major U.S. automakers are planning to reopen North American factories within two weeks, potentially putting thousands of workers back on the assembly line as part of a gradual return to normality.
May 5, 2020US Trade Plummeted in March With Record Drop in Exports
U.S. exports of goods and services plunged in March by a record and imports declined by the most in 11 years as the coronavirus pandemic stymied trade and travel.
May 5, 2020Average Price of Diesel Falls Another 3.8¢ to $2.399 a Gallon
The national average price of diesel fuel continued its steady slide, falling 3.8 cents to $2.399 a gallon, the Energy Information Administration reported May 4.
May 4, 2020Northeast States Agree to Form Regional Supply Chain for Medical Equipment
Leaders representing seven Northeastern states have partnered to develop a regional supply chain for personal protective equipment, medical gear and testing kits amid the coronavirus pandemic.
May 4, 2020US Economy Sliding Further, Experts Say
The U.S. economy is likely in the midst of its deepest recession since the end of World War II, when modern records that tracked the nation’s gross domestic product and unemployment rates were standardized.
May 4, 2020Meatpackers Cautiously Reopen Plants Amid Coronavirus Fears
A South Dakota pork processing plant took its first steps toward reopening May 4 after being shuttered for more than two weeks because of a coronavirus outbreak that infected more than 800 employees.
May 4, 2020Mississippi DOT Starts Work on Highway Construction Project
The Mississippi Department of Transportation recently began a construction project to extend state Route 76 as part of a regional highway development effort.
May 1, 2020Railroads on Track to Meet PTC Deadline, GAO Reports
A sense of optimism about the ability to fully implement automatic braking systems prior to a Dec. 31 deadline is shared by the country’s rail operators, according to a new report by the Government Accountability Office.
May 1, 2020FMCSA Adopts Crash Accountability Program
The Federal Motor Carrier Safety Administration on May 1 announced that effective immediately it is making permanent a pilot program that will not count a crash in which a motor carrier was not at fault when calculating the carrier’s safety measurement profile. It also is expanding the types of crashes that may be considered.
May 1, 2020