09 Jun Infrastructure Stakeholders Press Senators for Testing, PPE Priority A coalition that includes freight stakeholders and myriad transportation interests is calling on senators to advance legislation that would prioritize testing for critical infrastructure workers amid the COVID-19 pandemic. Read more...
09 Jun CHBC Names Bill Zobel Executive Director The California Hydrogen Business Council announced the appointment of Bill Zobel as its executive director. Read more...
09 Jun ATA: Trucking Sites Could See Big Effect From EPA Stormwater Proposal American Trucking Associations says fleets could feel the brunt of stormwater runoff regulation changes proposed by the Environmental Protection Agency. Read more...
09 Jun VW Board Backs CEO to Ease Tensions After Turmoil Volkswagen AG’s supervisory board accepted an apology from CEO Herbert Diess, with the unusual public statement reflecting the tension caused by an internal dust-up. Read more...
09 Jun Commission Approves Contracts for Oklahoma City Road Projects The Oklahoma Transportation Commission recently approved contracts for two major infrastructure improvement projects in the Oklahoma City metropolitan area. Read more...
09 Jun US Targets Sanctions for Iran-Venezuela Oil Tanker Trade The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off trade between Iran and Venezuela, according to a person familiar with the matter. Read more...
09 Jun Recession Began in February, Economists Say The U.S. economy fell into a recession in February, a group of economists with the National Bureau of Economic Research said June 8, and some within the trucking industry are not predicting a rapid return to pre-pandemic levels. Read more...
09 Jun Nikola Gets Valued at $34 Billion Before Gain Is Wiped Out Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no stock in the automotive sector is a better indication of equity-market exuberance than Nikola Corp. Read more...
08 Jun Stocks Vault Higher as Nasdaq Hits Record on Economy Hopes NEW YORK — The Nasdaq composite wiped away the last of its coronavirus-induced losses to set a record June 8. Read more...
08 Jun Diesel Increases by a Penny; Gas Climbs Back Above $2 The nationwide average price of a gallon of diesel increased by one cent to $2.396, according to the Energy Information Administration on June 8, while gasoline lurched past the $2 mark. Read more...