06 Oct Boeing Cuts Jetliner-Sales Forecast 11% on Decadelong Slump Boeing Co. sees a turbulent ride ahead for the world’s jetliner market, with sales contracting sharply this decade before eventually rebounding in the 2030s as new models and technologies spur growth. Read more...
06 Oct Powell Again Warns of Weak US Recovery Without Enough Aid Federal Reserve Chair Jerome Powell warned of a weak U.S. recovery without sufficient government aid and said providing too much stimulus wouldn’t be a problem. Read more...
06 Oct US Job Openings Fell in August for First Time in Four Months U.S. job openings declined in August for the first time in four months, pointing to a moderation in pace of hiring as the pandemic drags on. Read more...
06 Oct Hurricane Delta Now Category 2, Roars at Mexico’s Yucatan Hurricane Delta rapidly intensified into a Category 2 hurricane with 110 mph winds Oct. 6 on a course to hammer southeastern Mexico and then grow to a potentially catastrophic Category 4 on approach to the U.S. Gulf coast this week. Read more...
06 Oct Shippers, Retailers Work to Spread Out Holiday Surge Season to Ease Capacity Constraint COVID-19 has accelerated the transformation to e-commerce, and significant growth in e-commerce sales is creating capacity concerns. Retailers are expected to move up holiday promotions to help spread out the peak shipping season. Read more...
06 Oct San Diego Utility Company Launches Program to Build Charging Infrastructure San Diego Gas & Electric, a utility company serving San Diego and other areas in southern Orange County, has launched a program to build charging infrastructure for electric trucks, forklifts and other heavy equipment. Read more...
06 Oct Carriers Prepare for Increasing Surge to Supply Chain in E-Commerce Push E-commerce is expected to continue to grow throughout the holiday season, placing added strain on the supply chain and increasing demand for final-mile deliveries. Read more...
05 Oct Diesel Drops to $2.387 for Fifth Consecutive Decline The average price of diesel dropped seven-tenths of a cent to $2.387 a gallon, the Energy Information Administration reported Oct 5. Read more...
05 Oct DTNA Recalls Trucks Over Brake Light Issue Daimler Trucks North America announced it is recalling certain 2017-2021 Class 8 Cascadia P4 vehicles due to possible brake light issues. Read more...
05 Oct Hino Trucks, Toyota Group to Develop Class 8 Fuel Cell Truck Hino Trucks and Toyota Motor North America agreed to develop a zero-emission Class 8 fuel cell electric truck for the North American market. Read more...