US Economy Expands at Record 33.1% Pace After COVID Plunge
The U.S. economy bounced back with a record yet temporary surge of growth in the third quarter as businesses reopened and stimulus cash powered consumer spending — reversing much of the collapse stemming from coronavirus lockdowns.
October 29, 2020Louisiana Woman Pleads Guilty to Staging Truck Accident
A participant in a ring that staged two accidents the same day with two tractor-trailers in New Orleans has pleaded guilty to conspiracy to commit mail fraud.
October 28, 2020Ryder Reports Profit Increase; Record Set for Used Vehicle Sales in Q3
Ryder System Inc. reported net income rose and revenue dipped in the third quarter, as it noted used vehicles sales set a record.
October 28, 2020The Rise of the Warehouse Robot
The COVID-19 pandemic has accelerated the decline of brick-and-mortar retail establishments and accelerated e-commerce, creating a massive logistical challenge for warehouse and distribution center operators.
October 28, 2020Fleets Need to Navigate Changing NOx Standards
Industry experts noted the speed of emissions regulation changes during the session titled “EPA vs. CARB Regulations: What does this Mean for a Fleet in 2022 and Beyond” during American Trucking Associations’ Management Conference & Exhibition.
October 28, 2020E-Commerce Boom Offers Lifeline for Oil
Look across the street from your home-office window: chances are you will see a delivery van.
October 28, 2020Norfolk Southern Q3 Net Income Down; Revenue From Coal Shipments Plummets
Norfolk Southern Corp. carried 7% less freight in the third quarter, but the Class I railroad still beat Wall Street expectations when it reported third-quarter earnings Oct. 28.
October 28, 2020Dana Posts Declines in Q3 Net Income, Revenue
Dana Inc. reported net income and revenue fell in the third quarter even as its markets rebounded from the ongoing novel coronavirus pandemic.
October 28, 2020Toyota Recalls Additional 1.52 Million Vehicles on Stall Risk
Toyota Motor Corp. added 1.52 million vehicles to a recall due to potentially defective fuel pumps that may cause stalling. That brings the number of recalled Toyota and Lexus brand vehicles sold in the U.S. to 3.34 million.
October 28, 2020USPS Ordered to Increase Late Trips for Election Mail
A federal judge ordered Postmaster General Louis DeJoy to immediately begin authorizing more late delivery trips after an earlier injunction against the U.S. Postal Service’s disruptive operational changes failed to improve performance before the Nov. 3 election.
October 28, 2020