Jobless Claims Fall to 712,000 as Pace of Layoffs Eases
WASHINGTON — The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November, evidence that fewer employers are cutting jobs amid a decline in confirmed coronavirus cases and signs of an improving economy.
March 11, 2021Clean Energy Fuels, BP Create JV for RNG Fuel Production
Clean Energy Fuels Corp. announced it finalized a joint venture with BP Products North America Inc., a subsidiary of BP, to develop, own and operate new renewable natural gas projects at dairies and other agriculture facilities.
March 11, 2021Automation to Have Extreme Impact on Workforce, FMCSA’s Meera Joshi Says
Impact of automation on the transportation workforce will be “extremely real and broad," FMCSA acting Administrator Meera Joshi says.
March 11, 2021Infrastructure Bill Could Pass Committee in May, Carper Says
The centerpiece of President Joe Biden’s massive transportation infrastructure package could move through a key Senate committee by the end of May, according to Sen. Tom Carper.
March 10, 2021Element Highlights Maintenance, Other Insights Into Selling Used Trucks
Ensuring that used specialty equipment is in top working condition is more important to buyers than a few nicks and scratches on a truck, a re-marketing expert said.
March 10, 2021Congress OKs $1.9 Trillion COVID Relief Bill
WASHINGTON — The United States Congress has approved a landmark $1.9 trillion COVID-19 relief bill that takes aim at twin pandemic and economic crises that have upended the nation for the better part of a year. The package, which includes funding for transportation corridors, was signed into law by President Joe Biden on March 11.
March 10, 2021February Class 8 Sales Flat at 15,369
U.S. Class 8 retail sales in February were 0.6% lower compared with a year earlier, coming in at 15,369, WardsAuto .com reported.
March 10, 2021CVG Reports Q4 Net Loss, Higher Revenue
Commercial Vehicle Group reported a narrower net loss in the fourth quarter compared with a year earlier and higher revenue, including record revenue in its electrical systems segment.
March 10, 2021Gasoline Increase Drives 0.4% Boost in Consumer Prices
Consumer prices increased 0.4% in February, the biggest gain in six months, led by a sharp jump in gasoline prices. But core inflation, excluding food and energy, posted a much smaller 0.1% gain, easing fears about a possible sustained acceleration in inflation.
March 10, 2021Maersk Is Said to Weigh Sale of $1 Billion Cold Container Unit
A.P. Moller-Maersk A/S is considering a sale of its refrigerated container business as demand for the cold storage units surges during the COVID-19 pandemic, according to people familiar with the matter.
March 10, 2021