17 Jul Volvo Reports Q2 Net Loss, Lower Revenue Amid Pandemic Volvo Group reported a net loss in the second quarter and lower revenue in a period scarred by the novel coronavirus pandemic. Read more...
17 Jul Oil Prices Tumble on Economic News, Cloudy Recovery Oil prices recently tumbled as a resurgence in coronavirus cases and impending U.S. layoffs darken the economic outlook. Read more...
17 Jul Global Air Passenger Slump to Last Until 2023, Moody’s Says Global airline passenger demand won’t recover to pre-coronavirus pandemic levels until the end of 2023, and only then if effective vaccines and medicines are available, according to Moody’s Investors Service. Read more...
17 Jul Trailer Makers Anticipate Rebound After Fleets Recover From Pandemic The trailer industry was forced to make further production cuts and alter manufacturing processes as the coronavirus pandemic took hold. Read more...
17 Jul The Power of Automatic Braking Automatic emergency braking has been around for quite some time. Yet despite being a spec’ing option for more than a dozen years, many fleets remain reluctant to specify AEB on their newest trucks. Read more...
17 Jul COVID-19 Continues to Damage Business at Nation’s Ports on Both Coasts The COVID-19 pandemic and Trump administration trade policies with China will result in at least a 15% drop in cargo this year at the Port of Los Angeles, the nation’s busiest seaport. Read more...
17 Jul J.B. Hunt Reports $121.7 Million in Net Earnings J.B. Hunt Transport Services reported that second-quarter profits and revenue declined versus year-ago levels. Read more...
17 Jul Trailer Technology Moves Forward Change is the fuel that spurs innovation, whether social or industrial. Technology for trailer management is no different. Read more...
17 Jul More Fleets Are Going Green at Their Facilities A growing number of transportation and logistics providers are cutting costs and going green with energy-efficient truck terminals and warehouses. Read more...
17 Jul Senate Committee to Consider USDOT Nominee July 22 The Senate Commerce Committee is scheduled to consider the nomination of Joel Szabat to become undersecretary of transportation for policy at the U.S. Department of Transportation. Read more...