19 Nov Manufacturers Stakeholder Calls for Trump-Biden Cooperation During Transition Leaders at the National Association of Manufacturers argued the incoming administration would be better prepared to address concerns regarding the economy, national security and the distribution of COVID-19 vaccines via a collaborative process between President Donald Trump’s outgoing team and President-elect Joe Biden’s incoming personnel. Read more...
19 Nov DTNA Enhances Customer Service Experience Daimler Trucks North America is making headway on a yearlong customer service improvement initiative as it works with dealers to have parts and technicians ready to go when a broken truck reaches the service bay. Read more...
19 Nov Ports on Both Coasts Report Volume Surge in October With a surge in imports, the nation’s ports are reporting record or near-record activity as warehouses and stores restock eight-plus months into the COVID-19 pandemic. Read more...
19 Nov Lightning EMotors Said to Be in Talks to Go Public Lightning EMotors, a company that focuses on fleet electrification and cutting out fuel consumption, is in advanced talks to go public through a merger with blank-check firm GigCapital3 Inc., according to people with knowledge of the matter. Read more...
19 Nov Electric Last Mile Solutions Said to Be in Merger Talks Electric Last Mile Solutions, an electric vehicle startup, is in talks to go public through a merger with Forum Merger III Corp., according to people with knowledge of the matter. Read more...
19 Nov Initial Jobless Claims Rise for First Time in Five Weeks Applications for U.S. state unemployment benefits rose for the first time in five weeks and remained well above pre-COVID levels, suggesting the labor market recovery is slowing amid a surging pandemic and fresh business restrictions. Read more...
19 Nov Trucking Case Against Ocean Carriers Can Advance, Judge Rules A case that alleges ocean carriers are overcharging truckers for use of container chassis at ports will proceed after a judge denied a request for dismissal filed by the defendants. Read more...
18 Nov Pandemic Likely to Cut Thanksgiving Driving in Half With virus cases surging, hospitals filling up and more U.S. states imposing restrictions, Americans are likely to drive a lot less this Thanksgiving. Only 35% will travel by car this year, down from 65% a year ago, according to survey from retail fuel tracker GasBuddy. Read more...
18 Nov Illinois DOT Seeks Comment on Marine Transportation System Plan The Illinois Department of Transportation is seeking public comment on a draft of its Illinois Marine Transportation System Plan and associated economic impact analysis study. Read more...
18 Nov Oil Clings to Rally on Signs of Coronavirus Vaccine Progress Crude held onto a rally amid progress on the development of coronavirus vaccines, with investors shrugging off a smaller-than-expected U.S. inventory build. Read more...