13 May Amazon Says Deliveries Returning to Normal After COVID-19 Crush Amazon .com Inc. says the one- and two-day delivery times that shoppers have come to expect should gradually return in coming weeks as the online retailer catches up from a demand surge tied to the coronavirus outbreak. Read more...
12 May CVSA’s 2020 Operation Safe Driver Week to Go On as Scheduled July 12-18 The Commercial Vehicle Safety Alliance’s 2020 Operation Safe Driver Week will go on as scheduled July 12-18, the trade association representing roadside inspectors announced May 12. Read more...
12 May XPO’s Brad Jacobs Says Company Open to Future Acquisitions With at least $2 billion in cash, and $500 million in credit available, XPO Logistics Chairman and CEO Brad Jacobs says he would consider an acquisition if the company was a good fit. Read more...
12 May Alameda County Orders Tesla’s Fremont Plant to Stop Production Alameda County officials sent a letter to a top Tesla safety employee May 11 ordering the company to cease manufacturing at its Fremont, Calif., plant, the strongest step local government has taken to check the electric car maker’s defiance of health orders. Read more...
12 May Democrats’ $3 Trillion New Virus Bill Aids States, Essential Workers House Speaker Nancy Pelosi unveiled a more than $3 trillion coronavirus aid package May 12, providing nearly $1 trillion for states and cities, “hazard pay” for essential workers and a new round of cash payments to individuals. Read more...
12 May US Meat’s Run of Growth to End in Pandemic Meat-processing disruptions in America are set to strip billions of pounds of production, snapping a yearslong run of growth in the industry, according to the U.S. Department of Agriculture. Read more...
12 May Surface Transportation Board Calls for Stakeholder Comments on Rail Carriers’ Invoices A federal transportation agency is requesting comments on a proposal to include additional information with rail carriers’ invoices. Read more...
12 May YRC Worldwide Posts Q1 Profit on Reduced Revenue YRC Worldwide Inc. swung to a profit in the first quarter, but revenue dipped and the less-than-truckload carrier warned that after gaining a waiver this year, it might not be able to stay in compliance with one of its loan covenants a year from now. Read more...
12 May April Class 8 Sales Fall by Nearly 50% Class 8 U.S. retail sales in April plunged 47.4% as freight demand plummeted amid the novel coronavirus pandemic, WardsAuto.com reported. Read more...
12 May China Steps Up US Soybean Buying With Million-Ton Purchase China is stepping up purchases of soybeans from the U.S. as Brazilian sales start to wane and the Asian nation seeks to meet its pledges under the trade deal with Washington, according to people familiar with the matter. Read more...