22 Oct Pelosi Says ‘Just About There’ on Stimulus; Senate Hurdle Awaits House Speaker Nancy Pelosi said she and Treasury Secretary Steven Mnuchin are “just about there” on a deal for a coronavirus relief package even as there are outstanding differences still being negotiated. Read more...
22 Oct Ports Report Strong September as Retailers Restock Just months after cargo volumes plunged amid the COVID-19 pandemic, the nation’s ports are staging a comeback as falling product inventory levels at warehouses, stores and medical facilities are being quickly replenished. Read more...
22 Oct Continental Is Said to Explore Sale of Turbocharger Business Continental AG is exploring a sale of its turbocharger unit as the German auto-parts maker conducts a major restructuring to stem losses, according to people familiar with the matter. Read more...
22 Oct US Jobless Claims Decline After California Resumes Reporting The number of Americans filing for unemployment benefits fell for the third time in four weeks, suggesting the labor market is still gradually recovering while remaining far from its pre-pandemic health. Read more...
22 Oct Senators Laud Freight Rail Industry As they advocated for additional emergency aid for transportation stakeholders, the leadership of a Senate committee touted freight railroads’ role during the coronavirus pandemic. Read more...
21 Oct Clarified Guidance Supports Health Care Access for Cross-Border Truckers The College of Physicians and Surgeons of Ontario has clarified its policy on treating truck drivers who cross the border from the United States into Canada for essential operations. Read more...
21 Oct Landstar System Reports Net Income, Revenue Increase for Q3 Landstar System Inc. saw net income reach $61.9 million during the third quarter of 2020, the company reported Oct. 21. Read more...
21 Oct Tesla, Heinz Hit Brexit Snag in UK Household-name companies including Tesla Inc. and Kraft Heinz Co. are racing to avoid a Brexit crisis at year-end, as a shortage of customs brokers threatens their ability to move goods between Britain and the European Union. Read more...
21 Oct Top US Dealer Warns Automakers Are Missing Resupply Deadlines AutoNation Inc., the largest U.S. car retailer, is warning new-vehicle inventories remain thin as automakers miss resupply deadlines, which may mean fewer choices and higher prices for buyers. Read more...
21 Oct Three Concerns for Trucking’s Workforce Development RoadSigns produced a special series of podcasts on workforce development in which Transport Topics explored various ways to obtain and strengthen the talents and attributes of employees. Here are some of the issues the leaders of the industry discussed with us. Read more...