15 May Senate Committee to Consider Transportation Nominees May 20 President Donald Trump’s nominees for senior posts at the U.S. Department of Transportation will be considered by the Senate Commerce Committee on May 20. Read more...
15 May US Economy Hits Record Lows in April Retail, Factory Data U.S. retail sales and factory output registered the steepest declines on record in April, illustrating a recession so deep that it likely will take years to fully recover. Read more...
15 May FMCSA Denies PTS Worldwide Request to Split Sleeper Berth Time The Federal Motor Carrier Safety Administration has denied a five-year exemption request by Department of Defense highly sensitive cargo carrier PTS Worldwide to split sleeper berth hours into segments of 4/6, 5/5 or 6/4 hours. Read more...
14 May Truck Stops Providing Essential Services to Truckers, Navigating the Downturn Like truck drivers, truck stops are struggling during the coronavirus pandemic. But they are still open, working to ensure drivers have the essentials they need. Read more...
14 May How Fleets Can Mitigate Impact of Coronavirus Trucking companies have been uniquely impacted as the coronavirus reaches every corner of the economy. But being aware of critical information and taking proactive steps can help them. Read more...
14 May GM’s Self-Driving Unit Cruise to Lay Off Almost 8% of Staff Cruise, the self-driving car unit majority owned by General Motors Co., is laying off almost 8% of full-time employees to cut costs in the midst of the coronavirus pandemic. Read more...
14 May Wabash Reports Q1 Net Loss, Revenue Drop Wabash National Corp. reported a first-quarter net loss and lower revenue. Read more...
14 May Trucking’s Role in Restarting Economy Requires Measured Pace As state and local governments gradually begin loosening stay-at-home orders issued to slow the spread of the novel coronavirus, trucking industry experts are exploring how the industry can best respond to this next phase of the country’s response to the pandemic. Read more...
14 May Oil Jumps to Five-Week High Amid Optimistic Demand Outlook Oil surged to the highest level since early April on an improving outlook for crude demand, alongside a rally in broader markets. Read more...
14 May VW, Ford Forge Ahead With EV Technology Sharing to Cut Costs Volkswagen AG and Ford Motor Co. are pushing ahead with plans to team up on electric- and self-driving vehicles even as the coronavirus derails other projects, according to people familiar with the matter. Read more...