26 Aug White House Weighs Airline Job Support in Case Stimulus Fails White House Chief of Staff Mark Meadows said the Trump administration is examining executive actions to help airlines avoid employee furloughs should Congress fail to provide assistance in a new round of stimulus. Read more...
26 Aug Roadrunner Completes Strategic Transformation, Focuses on LTL Business Roadrunner Transportation Systems said it consists solely of its less-than-truckload operations, having finished its multiyear restructuring plan earlier this year. Read more...
26 Aug Ohio Trucker Touts Trump’s Handling of Lordstown in RNC Video CLEVELAND — Youngstown, Ohio, trucker Geno DiFabio received prime time billing at this week’s Republican National Convention, appearing in a video Aug. 25 with Vice President Mike Pence praising President Donald Trump’s handling of the Lordstown General Motors assembly plant closure. Read more...
26 Aug Schneider to Test Freightliner eCascadia Through 2021 Schneider said it will test the Freightliner eCascadia through 2021 to address potential challenges to widespread use of commercial battery-electric vehicles. Read more...
26 Aug USPS Fights State Demands for Evidence on Mailboxes, Machines The Trump administration is pushing back on demands for evidence sought by 14 states that sued over operational changes at the U.S. Postal Service they say could hobble mail-in balloting ahead of November’s election. Read more...
26 Aug Fed Seen Holding Rates at Zero for Five Years in New Policy The Federal Reserve looks likely to keep short-term interest rates near zero for five years or possibly more after it adopts a new strategy for carrying out monetary policy. Read more...
26 Aug Now a Category 4 Hurricane, Laura Could Bring ‘Unsurvivable’ Storm Surge DELCAMBRE, La. — Laura strengthened Aug. 26 into a menacing Category 4 hurricane, raising fears of a 20-foot storm surge that forecasters said would be “unsurvivable” and capable of sinking entire communities. Authorities implored coastal residents of Texas and Louisiana to evacuate and worried that not enough had fled. Read more...
26 Aug Durable Goods Orders Unexpectedly Accelerate in July U.S. orders for durable goods rose in July by more than double estimates amid a continued surge in automobile demand, indicating factories will help support the economic rebound in coming months. Read more...
25 Aug Interactive Map: Where the 2020 Top 100 Private Carriers Are in North America Mouse over our interactive map to find out where the 2020 Top 100 Private Carriers are located by region in North America. Read more...
25 Aug American Airlines Expects 19,000 Job Cuts Once Payroll Aid Ends American Airlines Group will cut 19,000 workers once federal payroll aid expires Oct. 1, capping a 30% workforce reduction since the coronavirus pandemic began to torpedo travel demand. Read more...