Women In Trucking Conference Announces Virtual Plans
The Women In Trucking Association’s annual conference will be virtual this year, a decision made in light of the recent surges of COVID-19 cases.
July 23, 2020Echo Global Reports $514 Million in Q2 Revenue
Echo Global Logistics saw a large drop in profit but a smaller decline in revenue during the second quarter.
July 23, 2020Tesla to Build Factory in Austin, Texas, for Semi Production
Tesla Inc. managed to stay profitable even in the midst of a global pandemic, but something is still nagging at Elon Musk: the electric-car maker isn’t growing fast enough.
July 23, 2020Mnuchin Says Payroll Tax Holiday Not in Next Stimulus Bill
A payroll tax holiday sought by President Donald Trump won’t be in the next stimulus package, but may be in follow-up virus relief legislation, Treasury Secretary Steven Mnuchin said.
July 23, 20201.4 Million Seek Jobless Aid, First Increase Since March
The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.
July 23, 2020Kansas City Southern’s Q2 Profit, Revenue Decline
The COVID-19 pandemic hit Kansas City Southern’s second-quarter profits as net income slipped to $110.3 million or $1.16 per share, compared with $129.1 million or $1.29 per share in second-quarter 2019, the Class I railroad reported July 17.
July 22, 2020FCA, Waymo Extend Autonomous Partnership
Fiat Chrysler Automobiles and Google affiliate Waymo said July 22 they are extending their partnership in the development and testing of autonomous vehicles for commercial delivery and for future FCA products.
July 22, 2020Fiat Chrysler, Iveco Offices Searched in Emissions Probe
FRANKFURT, Germany — Investigators searched offices of automaker Fiat Chrysler and truck maker Iveco in Germany, Switzerland and Italy on July 22 as part of an investigation into suspected illegal manipulation of diesel emissions.
July 22, 2020Pennsylvania Turnpike Commission Approves Another Toll Hike
In keeping with a decadeslong pattern, the Pennsylvania Turnpike Commission has approved a toll rate increase for 2021.
July 22, 2020Knight-Swift Reports Slight Profit Increase in Q2
Knight-Swift Transportation Holdings posted a second-quarter profit increase of 1.2%, but revenue declined.
July 22, 2020