Extension of Airline Payroll Aid Sought by Unions, Lawmakers
A bipartisan group of House lawmakers along with airline unions are calling for an extension of federal aid to prevent an expected wave of layoffs starting in October.
July 15, 2020Navistar, TuSimple Partner to Launch Self-Driving Trucks in 2024
Truck and engine maker Navistar International Corp., and TuSimple, a global self-driving technology company, announced July 15 a strategic partnership to co-develop SAE Level 4 self-driving trucks targeted for production by 2024.
July 15, 2020Tesla Shares Take a Breather After Historic Run
After a torrid rally that saw shares more than double since early May, Tesla Inc. is taking a pause on July 15, even as the broader market rises on the hopes for a coronavirus vaccine.
July 15, 2020Medium-Duty Sales in June Slide 18.8%
U.S. retail sales of Classes 4-7 medium-duty trucks in June dropped 18.8% to just under 18,000 units, WardsAuto.com reported.
July 15, 2020US Industrial Output Surges by Most Since 1959 on Reopening
U.S. industrial production in June posted the largest monthly gain since 1959, indicating manufacturing is stirring to life after coronavirus-related shutdowns.
July 15, 2020Watch Replay of Newsmakers Series
Sign up to watch replays of our previous webcasts with American Trucking Associations Chief Economist Bob Costello and Nikola founder and executive chairman Trevor Milton.
July 15, 2020Biden Touts Union Jobs in $2 Trillion Plan to Build Clean Energy
Joe Biden unveiled plans July 14 to spend $2 trillion galvanizing a clean energy economy, with ambitions to spur millions of union jobs building the wind turbines, sustainable homes and electric vehicles needed to rapidly throttle U.S. greenhouse gas emissions driving climate change.
July 14, 2020Trucking Freight Increases 3% Year-Over-Year, ATA Report Says
The trucking industry collectively moved 11.84 billion tons of freight in 2019, according to American Trucking Associations’ annual data compendium — ATA American Trucking Trends 2020 — which was released July 13. That figure is a 3% year-over-year increase from 2018’s 11.49 tons of freight.
July 14, 2020Boeing Loses 60 Max Jet Orders in June With Virus Crimping Buyers
Boeing Co.’s order stockpile shrank further last month as airlines and lessors backed out of commitments for the grounded 737 Max jetliner in a market devastated by the coronavirus pandemic.
July 14, 2020Manuel ‘Matty’ Moroun, Owner of Ambassador Bridge, Dies at 93
Billionaire Manuel “Matty” Moroun died July 12 of congestive heart failure, following a lucrative, decadeslong business career marked by his ownership of the iconic Ambassador Bridge and his knack for generating high-profile controversy. He was 93.
July 14, 2020