Pelosi Calls House Back Into Session to Vote on Postal Bill
Speaker Nancy Pelosi is calling the House back into session over the crisis at the U.S. Postal Service, setting up a political showdown amid growing concerns that the Trump White House is trying to undermine the agency ahead of the election.
August 17, 2020US Seizes Four Iranian Tankers Carrying Fuel to Venezuela
The U.S. seized four tankers carrying Iranian gasoline bound for Venezuela in an unprecedented move by the Trump administration that carries the potential to destabilize global oil shipments if Iran retaliates.
August 14, 2020US Industrial Production Up 3%; Factory Output Rises 3.4%
American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck.
August 14, 2020Port of Los Angeles Chief Says China to Miss Agriculture Target
The head of the U.S.’ busiest port said China is on track to buy less than one-third of the American agricultural products it promised to purchase in 2020, the first year of a trade pact between the world’s biggest economies.
August 14, 2020Rebound in US Retail Sales Slowed in July Amid Virus Surge
The rebound in U.S. retail sales slowed in July by more than expected, indicating a surge in coronavirus cases and still-high unemployment cooled the economic recovery.
August 14, 2020Demand for Freight Drives Up Spot Market Rates
Trucking has seen a turnaround bolstered by spot market rates and increased demand.
August 13, 2020Uber, Lyft Denied Extended Delay of Driver Labor Ruling in California
Uber Technologies Inc. and Lyft Inc. failed to persuade a judge to put an extended hold on his order converting their California drivers to employees while they appeal.
August 13, 2020J.B. Hunt Progresses Toward Sustainability Goals
J.B. Hunt Transport Services has issued a report that provides a window into the company’s current energy usage and outlines a series of corporatewide sustainability goals it has adopted.
August 13, 2020Trump Draws Hard Line on USPS in Stalled Relief Talks
President Donald Trump raised a new obstacle in the completion of a deal on a coronavirus-relief package Aug. 13 by drawing a hard line against a Democratic plan for shoring up the U.S. Postal Service, adding his unsupported claim that more mail-in voting in the November election would increase fraud.
August 13, 2020Uber’s Legal Strategy on Driver Fight: Delay, Appeal to Public
Uber Technologies Inc. CEO Dara Khosrowshahi’s warning that the company may have to temporarily shut down in California is textbook strategy for the ride-hailing giant: When adverse court rulings hit, appeal to the public for support and seek to delay regulatory action.
August 13, 2020