11 Jun Disaster Management Expert Emphasizes Flexibility, Communication Managing crises such as the coronavirus pandemic requires communication, planning and flexibility, said Ed Emmett, senior fellow at Rice University’s Kinder Institute for Urban Research. Read more...
10 Jun Fed Sees Interest Rates Near Zero Through 2022 The Federal Reserve pledged to maintain at least the current pace of asset purchases and projected interest rates will remain near zero through 2022, as Chairman Jerome Powell committed the central bank to using all its tools to help the economy recover from the coronavirus. Read more...
10 Jun German Government Agrees on National Hydrogen Strategy The German government agreed June 10 on a long-term strategy for increasing production and use of hydrogen as part of a plan to cut the country’s greenhouse gas emissions. Read more...
10 Jun Class 8 Sales in May Fall to Lowest Point Since 2011 U.S. Class 8 retail sales in May tumbled 62.5% — during the heart of the novel coronavirus pandemic — to just above 9,000 compared with a year earlier, WardsAuto.com reported. Read more...
10 Jun What the New Normal for Trucking Will Be Remains a Question Trucking companies continue to navigate the coronavirus pandemic, but what the new normal will be remains a mystery. Read more...
10 Jun Booming Business: Pigs Flying to China in 747 Jumbo Jets The coronavirus has wreaked havoc on commercial aviation, but Alexey Isaykin’s cargo carrier has been fully loaded. Read more...
10 Jun Tesla’s Elon Musk: ‘Time to Go All Out’ on Semi Production CEO Elon Musk sent an email to Tesla employees before the market opened June 10 declaring that it is “time to go all out” and put Tesla’s Semi into volume production. Read more...
10 Jun Ford Sees Plants Resuming Pre-Virus Production Within Weeks Ford Motor Co. expects its U.S. plants will come all the way back from coronavirus-related shutdowns within the next month, a top executive said. Read more...
09 Jun ATA’s Randy Guillot Touts Infrastructure Funding to Alleviate COVID-19 Impact Approval of a comprehensive highway funding package would help industries assisting in an economic recovery, the chairman of American Trucking Associations told a House panel June 9. Read more...
09 Jun American Airlines to Put 141 Planes Back in Service to Boost Flights American Airlines Group Inc. will take 141 aircraft from storage to support an increase in July service as travelers return to the skies faster than expected amid the coronavirus pandemic. Read more...