Business

The Federal Motor Carrier Safety Administration has denied the Ohio Department of Public Safety’s request for an exemption to modify the mandatory skills test requirements for drivers with military experience.

Trucking companies are turning to new software applications to help mitigate employees’ fears about contracting COVID-19 while on the job.

U.S. orders for durable goods increased in August at a slower pace than expected, restrained by declines in bookings for motor vehicles and military equipment, though a gauge of business investment rose more than forecast.

Postmaster General Louis DeJoy told a judge the U.S. Postal Service can’t reassemble the hundreds of high speed mail-sorting machines that were taken apart this year, a project that more than a dozen states allege was intended to undermine the upcoming election.

The Class 8 used truck market in August reflected the trend toward improving sales as prices remained below year-earlier levels, conditions that are expected to mark the full year, ACT Research reported.

Federal Reserve Bank of St. Louis President James Bullard, in the most upbeat comments by a central banker since the start of the COVID-19 outbreak, said the U.S. economy may surge at a 35% annualized rate in the third quarter and the nation may be close to a complete recovery by year-end.

As the coronavirus gripped the nation, companies across the trucking industry were forced to alter their operations while confronting the pandemic. For some, that included driver training and orientation.

Treasury Secretary Steven Mnuchin plans to resume talks with House Speaker Nancy Pelosi to work on a compromise for a new round of stimulus for the U.S. economy, according to a person familiar with the plans.

Trucking industry groups said the rule requiring carriers to locate and purge technology made by five Chinese companies is confusing and doesn't give them time to complete their searches.

Nikola Corp. got its first sell-equivalent rating, with the electric-vehicle startup downgraded to underperform from neutral at Wedbush, citing the loss of a driving force in founder Trevor Milton’s departure, and the threat posed to hydrogen fuel’s appeal by Tesla Inc.’s “eye-popping battery innovations.”