14 Jul FAA’s Failure to Cull Bad Pilots Cited in Fatal Atlas Crash The fatal crash of a cargo plane last year was caused in part by the failure of the U.S. federal government to establish a reliable system of weeding out unqualified airline pilots, investigators concluded. Read more...
14 Jul Biden Touts Union Jobs in $2 Trillion Plan to Build Clean Energy Joe Biden unveiled plans July 14 to spend $2 trillion galvanizing a clean energy economy, with ambitions to spur millions of union jobs building the wind turbines, sustainable homes and electric vehicles needed to rapidly throttle U.S. greenhouse gas emissions driving climate change. Read more...
14 Jul Trucking Freight Increases 3% Year-Over-Year, ATA Report Says The trucking industry collectively moved 11.84 billion tons of freight in 2019, according to American Trucking Associations’ annual data compendium — ATA American Trucking Trends 2020 — which was released July 13. That figure is a 3% year-over-year increase from 2018’s 11.49 tons of freight. Read more...
14 Jul Boeing Loses 60 Max Jet Orders in June With Virus Crimping Buyers Boeing Co.’s order stockpile shrank further last month as airlines and lessors backed out of commitments for the grounded 737 Max jetliner in a market devastated by the coronavirus pandemic. Read more...
14 Jul Manuel ‘Matty’ Moroun, Owner of Ambassador Bridge, Dies at 93 Billionaire Manuel “Matty” Moroun died July 12 of congestive heart failure, following a lucrative, decadeslong business career marked by his ownership of the iconic Ambassador Bridge and his knack for generating high-profile controversy. He was 93. Read more...
14 Jul OPEC Sees Demand for Its Crude Above Pre-Virus Levels in 2021 OPEC expects demand for its crude oil to rebound sharply next year, surpassing levels seen before the coronavirus crisis, as rival producers struggle to revive output. Read more...
14 Jul 15 States Agree to Work Together for All Heavy Trucks to Be Electric by 2050 A total of 15 states and the District of Columbia have signed a joint memorandum of understanding committing to work collaboratively to advance and accelerate the market for electric medium- and heavy-duty trucks and other vehicles. Read more...
14 Jul Spiking Cost of Gasoline Pushes June Consumer Prices Up 0.6% U.S. consumer prices increased 0.6% in June, after three months of declines, with a big jump in gasoline prices accounting for over half of the gain. Read more...
13 Jul FMCSA to Analyze Safety Practices for Small Delivery Trucks, Vans Federal trucking regulators are seeking information on the safety operations of small commercial trucks and vans making deliveries for online retailers and grocery stores that seem to be increasing in number in recent months, but staying mostly under the regulatory radar. Read more...
13 Jul FMCSA Extends Emergency Relief Declaration to Aug. 14 The Federal Motor Carrier Safety Administration again extended its emergency relief declaration for truckers directly assisting with coronavirus-related efforts, this time to Aug. 14. Read more...