Business

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.

Transfix launched a free fleet management service geared toward small and midsize carriers, the company announced Oct. 6.

KeepTruckin announced Oct. 6 that it is expanding beyond fleet management technology with the launch of its freight matching service.

Boeing Co. sees a turbulent ride ahead for the world’s jetliner market, with sales contracting sharply this decade before eventually rebounding in the 2030s as new models and technologies spur growth.

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.

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.

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.

COVID-19 has accelerated the transformation to e-commerce, and significant growth in e-commerce sales is creating capacity concerns. Retailers are expected to move up holiday promotions to help spread out the peak shipping season.

San Diego Gas & Electric, a utility company serving San Diego and other areas in southern Orange County, has launched a program to build charging infrastructure for electric trucks, forklifts and other heavy equipment.

E-commerce is expected to continue to grow throughout the holiday season, placing added strain on the supply chain and increasing demand for final-mile deliveries.