U.S. industrial production slowed to a modest increase of 0.4% in August, far weaker than the strong bounceback recorded in previous months when factories were coming back to life.
September 15, 2020No rankings are available for this year.
Extras
Industrial Production Growth Slows, Up 0.4% in August
XPO Logistics Appoints Erik Caldwell to Head Last-Mile Unit
XPO Logistics appointed Erik Caldwell president of its last-mile business unit in North America.
September 11, 2020Oil Traders Snap Up Tankers in Sign Second-Wave Glut Is Near
Some of the world’s biggest oil traders are getting ready for the possible resurgence of a coronavirus-induced glut of crude and fuels, snapping up giant tankers for monthslong charters so that they can be ready to store excess barrels if necessary.
Kentucky Officials Award Funds to Freight-Moving River Ports
Kentucky officials recently announced $450,000 has been awarded to five river ports to assist with critical repairs and equipment improvements.
Tesla Plans to Start Shipping Out Cars Made at Shanghai Gigafactory
Tesla Inc. plans to ship cars made at its Shanghai factory to other countries in Asia and Europe, according to people familiar with the matter, shifting its strategy for the plant to largely focus on supplying the local market.
September 11, 2020Fleets Rally to Aid Hurricane Laura Victims
Hurricane Laura wreaked havoc when it made landfall Aug. 27, but fleets have rallied to help the victims in the couple of weeks since.
Oil Market Buckles Under Pressure of Pandemic’s Second Wave
Six months after the coronavirus pandemic’s initial punch, signs of a second wave are already emerging in the oil market.
September 9, 2020UPS Holiday Season Hiring Will Top 100,000 Amid E-Commerce Boom
UPS Inc. said it will hire more than 100,000 seasonal workers to help handle an expected avalanche of holiday packages from online orders this year as shoppers avoid stores during the coronavirus pandemic.
Walmart Tests Drone Delivery Amid Escalating Competition With Amazon
Walmart Inc. is entering the drone delivery wars, its latest move to counter Amazon.com Inc.’s dominance in e-commerce as more Americans choose to shop from home.
ATRI Opens Annual Top Industry Issues Survey
The American Transportation Research Institute has opened its annual survey asking trucking industry representatives to identify major industrywide issues.