31 Jul Lawmakers Highlight Supply Chain Concerns Amid Pandemic House lawmakers recently pointed to the need for enhancing the manufacturing environment for products and equipment to avoid future disruptions along supply chains affected during the coronavirus pandemic. Read more...
31 Jul Electric Car Startup Fisker Misses Deadline for Supply Deal With VW Fisker Inc. missed a self-imposed deadline for a technology-sharing deal with Volkswagen AG that the electric-vehicle startup had described as key to cutting costs. Read more...
31 Jul Noble Corp. Files Bankruptcy to Erase $3.4 Billion of Debt Offshore drilling contractor Noble Corp. filed for bankruptcy with a plan to cut more than $3.4 billion of debt. Read more...
31 Jul United Air Pivots to Leisure Routes in Modest Schedule Boost United Airlines Holdings Inc. will boost flights modestly in September as it resumes service on more than 25 international routes. Read more...
31 Jul Penske Truck Leasing Introduces Mobile Remote Service Check-In Penske Truck Leasing has introduced a remote service check-in through a mobile app upgrade, the company announced July 27. Read more...
31 Jul Universal Posts Lower Profit, Declining Revenue in Q2 Universal Logistics Holdings reported July 30 that net income and revenue were down during the second quarter compared with last year. Read more...
31 Jul GM to Build Nationwide EV Charging Network General Motors Co. is working with electric-vehicle charging operator EVgo Services to build a nationwide fast-charging infrastructure. Read more...
31 Jul Forward Air Posts Decline in Net Income, Revenue for Q2 Forward Air Corp. saw net income and total revenue decrease during the second quarter from prior-year levels, the company reported July 30. Read more...
31 Jul Ceva Chosen to Assist Ikea’s Mexican Operations Ceva Logistics has been chosen to operate a warehouse in Mexico for furniture and home goods retailer Ikea, the company announced July 27. Read more...
31 Jul Meadows Says Democrats Rebuff White House on Stopgap Jobless Aid White House Chief of Staff Mark Meadows said Democrats rebuffed multiple proposals from the Trump administration to extend lapsing supplemental unemployment benefits and have continued to raise the ante in talks on a stimulus package to bolster a U.S. economy hobbled by the coronavirus pandemic. Read more...