08 Oct Mnuchin Raises Prospect of Restarting Talks on Big Stimulus Plan Treasury Secretary Steven Mnuchin raised the prospect of restarting talks on a broad stimulus package in a conversation with House Speaker Nancy Pelosi on Oct. 7, despite President Donald Trump saying he was ending negotiations, according to a person familiar with the discussion. Read more...
08 Oct Louisiana Braces Itself for Hurricane Delta Louisiana residents still recovering from the devastation of a powerful hurricane less than two months ago braced for another hit as Hurricane Delta steamed north through the Gulf on Oct. 8 after swiping Mexico’s Yucatan Peninsula. Read more...
08 Oct US Layoffs Remain Elevated as 840,000 Seek Jobless Aid The number of Americans seeking unemployment benefits fell slightly last week to a still-high 840,000, evidence that job cuts remain elevated seven months into the pandemic recession. Read more...
07 Oct Chevron Overtakes Exxon Mobil as America’s Largest Oil Company Chevron Corp. overtook Exxon Mobil Corp. as the largest oil company in America by market value, the first time the Texas-based giant has been dethroned since it began as Standard Oil more than a century ago. Read more...
07 Oct ATA, TMC Celebrate Professional Technicians With Appreciation Week American Trucking Associations’ Technology & Maintenance Council recognized several service professionals Sept. 26 during the inaugural National Technician Appreciation Week. Read more...
07 Oct Hyundai Readies Fuel Cell Truck for US Market Hyundai Motor Co. said it would expand its fuel cell truck sales efforts to the U.S. and China and significantly increase production over the coming year. Read more...
07 Oct Trucker Pay Increasing as Driver Shortage Grows, Industry Capacity Tightens As capacity tightens in the trucking industry, some carriers are beginning to announce pay hikes, and some industry watchers would not be surprised to see more hikes. Read more...
07 Oct Sustainable Supply Chains Grow More Important A growing number of corporations have sustainability goals, according to a new study by Coyote Logistics, and are looking for the supply chain to amplify those efforts. Read more...
07 Oct Oil Drops With Rising US Supplies Adding to Stimulus Concern Oil held onto losses after U.S. government data showed the first crude stockpile gain in four weeks, adding to concerns over a demand recovery with stimulus talks in limbo. Read more...
07 Oct Pelosi, Mnuchin Talk Airline Aid After Trump Nixes Big Stimulus Speaker Nancy Pelosi signaled openness to a standalone airline relief bill in a telephone conversation with Treasury Secretary Steven Mnuchin on the morning of Oct. 7 after President Donald Trump pulled his negotiators from broader stimulus talks. Read more...