23 Apr Carmakers Pledge 5 Million ‘Talking Cars’ in FCC Airwaves Bid The U.S. auto industry will deploy millions more wireless systems to help prevent traffic collisions if the Federal Communications Commission abandons a proposal that would take away most of the radio frequencies reserved to carry those signals, according to an industry trade association. Read more...
23 Apr Anguish Grows in Russia Oil Sector Overwhelmed by Price Fall As Russia’s small oil producers struggle to survive a historic price crash, some say in private they wish they could just set their crude ablaze. Read more...
23 Apr ATRI Coronavirus Study Shows Truck Activity Spike, Dip in Six States Although trucking activity spiked across six states during the coronavirus pandemic’s early days, a recent analysis from the American Transportation Research Institute indicates that such freight activity has declined. Read more...
23 Apr Experts’ Pessimism Deepens Over Economy’s Health The U.S. economy likely will shrink when first-quarter gross domestic product figures are released by the federal government’s Bureau of Economic Analysis on April 29. Read more...
23 Apr Knight-Swift Reports Decline in Q1 Net Income, Revenue Knight-Swift Transportation Holdings reported a decline in net income for the first quarter of 2020 due partially to the effects of tax and foreign currency fluctuations, and also reported a decline in revenue for the period. Read more...
23 Apr Alcoa Cuts Supply and Pulls Outlook for Reeling Aluminum Market One of the most recognizable names in the aluminum market offered little optimism for the industry as it’s rocked by the coronavirus crisis. Read more...
23 Apr 26 Million Have Sought US Jobless Aid Since Virus Hit More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said April 23. Read more...
23 Apr TFI Posts Solid Q1 Results; Workforce Measures Taken TFI International Inc. posted a strong first quarter, logging record operating income for the period and solid profit growth. Read more...
22 Apr Getting Truckers Access to Food Trucks No Easy Task A plan by federal regulators to allow food trucks at rest areas has hit some speed bumps. Read more...
22 Apr Trump Focused on Infrastructure for Next Stimulus Package After Congress cleared a nearly $500 billion small-business assistance bill, the Trump White House intends to pursue funding for infrastructure projects in the next economic stimulus measure. Read more...