Small Settlements’ Impact Tops ATRI’s Research Priorities List
The American Transportation Research Institute’s recently announced list of research priorities for 2020 includes several key trucking industry issues, ranging from legal settlements to vehicle-miles-traveled taxes.
May 13, 2020Stocks Slide on Powell Remarks, US-China Worries
U.S. stocks slumped to a three-week low after Jerome Powell warned economic risks from the virus are significant and tensions with China flared. Treasuries and the dollar advanced.
May 13, 2020Oil Shrugs Off First Decline in US Inventories Since January
Oil fell despite the first U.S. stockpile decline since January.
May 13, 2020Illinois Directs $25 Million to Speed Grants for Infrastructure
Illinois Gov. Jay “J.B.” Pritzker and the Illinois Department of Commerce and Economic Opportunity recently announced that $25 million in grant funding will be used to accelerate work on planned infrastructure projects.
May 13, 2020Titanium Reports Revenue, Net Income Grow in Q1
Titanium Transportation Group reported solid revenue growth and a profit gain in the first quarter.
May 13, 2020Container Shipper Maersk Warns of 25% Volume Slump
The world’s largest container line is bracing for a historic slump in demand after emergency lockdowns across the globe left international trade in tatters.
May 13, 2020FMCSA Extends HOS Emergency Declaration for Second Time
The Federal Motor Carrier Safety Administration has again extended its emergency declaration relaxing hours-of-service rules for motor carriers that are providing direct assistance in support of coronavirus-related relief efforts.
May 13, 2020Medium-Duty Sales in April Fall, but Some Positives Seen in Lighter Segments
U.S. retail sales of medium-duty trucks were supported in an otherwise abysmal April by a modest gain in the lighter segments. Overall sales fell 29% compared with a year earlier, WardsAuto.com reported.
May 13, 2020House Democrats Propose $15 Billion for State Highway Programs
The country’s transportation agencies would receive a funding boost in a coronavirus economic relief measure House Democrats unveiled May 12.
May 13, 2020Tesla Operations Can Resume in California if Conditions Are Met
Alameda County officials said May 12 they have agreed to allow Tesla to reopen as early as next week if the auto manufacturer agrees to certain safety conditions.
May 13, 2020