29 Jun Second Virus Wave Threatens US Oil Demand Again After months of empty roads, lockdowns were easing, and people were getting behind the wheel again. Then the virus struck again. Read more...
29 Jun Amazon to Pay One-Time Bonuses of $500 to Most Logistics Workers Amazon.com Inc., after complaints about ending pandemic hazard pay, will give one-time bonuses of $500 to most frontline workers. Read more...
29 Jun Chesapeake Pushed Into Bankruptcy by Plunging Energy Prices Chesapeake Energy Corp., the archetype for America’s extraordinary shale-gas fortunes, filed for bankruptcy, becoming one of the biggest victims of a spectacular collapse in energy demand from the virus-induced global lockdown. Read more...
26 Jun Automakers Split in Legal Fight Over Trump’s Fuel Economy Rules Four automakers backing a California effort to curb tailpipe emissions will break with some big rivals in the legal battle over the Trump administration’s relaxation of fuel efficiency standards. Read more...
26 Jun Study: LTL Carriers Cover More Miles Between Breakdowns Than Truckload Fleets Less-than-truckload carriers outpaced truckload fleets in terms of miles between roadside breakdowns, according to a recent study. Read more...
26 Jun Stemco to Focus on Core Product Lines, Exits Others Commercial vehicle supplier Stemco announced a series of changes to its product lines in an effort to refocus resources on its core products, which are its wheel-end and king pin product lines. Read more...
26 Jun American Air to Book Jets to Capacity, Shelve Social Distancing American Airlines Group Inc. said it would sell flights to capacity starting July 1, abandoning caps on passenger loads that were designed to promote social distancing amid the coronavirus pandemic. Read more...
26 Jun Volvo Redesigns VAH Model for Auto Haulers Volvo Trucks North America announced the rollout of the Volvo Auto Hauler, a specialized solution for the auto transport industry that completes the design overhaul of the VTNA product portfolio. Read more...
26 Jun TravelCenters to Open First California TA Express TravelCenters of America signed a franchise agreement with CSG Petroleum to open its first TA Express in California, the company announced June 23. Read more...
26 Jun CARB Approves Its Electric Truck Regulation California environmental regulators approved a measure that within a few years will require truck manufacturers to transition a percentage of their sales in the state from diesel trucks to electric zero-emission vehicles. Read more...