26 May Target Handles Q1 Surge in Digital Volume During its first-quarter earnings call May 20, Target Corp. says its stores helped fulfill an unexpected surge in online orders. Read more...
26 May Diesel Nudges Up 0.4¢ to $2.39 a Gallon for First Rise This Year The nationwide average price of diesel fuel increased by about half a penny, the U.S. Energy Information Administration reported May 26, ending a streak of 19 consecutive weekly price decreases. Read more...
26 May Omnitracs, McLeod Extend Partnership Fleet management solutions company Omnitracs has extended its partnership with transportation management provider McLeod Software. Read more...
26 May House, Senate Lawmakers Propose Essential Workers Fund Legislation that would compensate essential workers who became ill or died from COVID-19 while performing their services was recently introduced by Senate Democrats. Read more...
26 May Steny Hoyer Says House, Senate Close on PPP Loan Extension House Majority Leader Steny Hoyer said the House and Senate should be able to quickly agree on changes to the Small Business Administration’s popular Paycheck Protection Program to give loan recipients more flexibility in using funds. Read more...
26 May Biden Says Infrastructure Investment Vital to Restoring Economy Democratic presidential candidate Joe Biden suggests investing heavily in the nation's surface transportation system would avoid potential disruptions and contribute to restoring parts of the economy. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill. Read more...
26 May Oil Rallies With Producers Showing Confidence by Hiking Prices Oil’s recovery from its historic crash last month is barreling ahead, with some OPEC producers displaying signs of confidence that the market is stabilizing. Read more...
26 May FMCSA to Immediately Expand Remote Carrier Compliance Reviews During Pandemic The Federal Motor Carrier Safety Administration has announced plans to immediately expand the use of remote motor carrier safety compliance reviews during the COVID-19 pandemic. Read more...
26 May Last-Mile Delivery Fleets Navigate Challenges of COVID-19 Pandemic Last-mile fleets such as FedEx, Amazon, XPO and UPS have been dealing with a spike in demand while also implementing safety protocols to protect employees and customers. Read more...
26 May Bell Rings Again at New York Stock Exchange as Floor Reopens The trading floor of the New York Stock Exchange reopened for the first time in two months with Gov. Andrew Cuomo ringing the iconic bell, but the controlled chaos was more subdued May 26 under new pandemic rules. Read more...