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...
14 May FMCSA Publishes Final HOS Rule, Granting Flexibility to Drivers The Federal Motor Carrier Safety Administration has published its long-awaited final rule on changes to hours-of-service regulations in a move intended to increase flexibility for truck drivers. Read more...
14 May UPS Adds Indiana Airport to Cargo Network The Gary/Chicago International Airport Authority on May 13 approved a long-term lease and easement access agreement with UPS Inc. that will allow the company to begin express air shipment operations later this year. Read more...
14 May Police Visit Tesla Plant, Underscoring Confusion on Lockdown Loosening Police visited Tesla Inc.’s sole U.S. car plant May 13 to assess whether the electric car maker was adhering to safety protocols agreed to with the county that Elon Musk publicly said he would defy earlier in the week. Read more...
14 May Emergency Relief Legislation Shifts Focus From Funding Bills Debates on COVID-19-related economic measures, which dominate the agenda on Capitol Hill, are overshadowing must-pass legislation that would keep the government funded through fiscal 2021. Read more...
14 May Eric Parker, ATA Vice President of Membership Sales, Dies at 50 Eric Scott Parker, who grew up in a trucking family and spent his professional career in the industry, died suddenly on May 11. He was 50. Read more...
14 May 36 Million Have Sought US Unemployment Aid Since Virus Hit Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions. Read more...