08 May Expeditors Sees Profit, Revenue Fall in Q1; Workforce Remains Intact Global disruptions created by the coronavirus pandemic depressed profits and revenue at Expeditors International in the first quarter. Read more...
08 May Minnesotans Lose Thousands in Auto Dealer-Shipper Scam The Better Business Bureau (BBB) is warning Minnesotans about scams in which auto dealers and shippers ask customers to wire money for cars they have bought online. Read more...
08 May Americold Sees Surge in Q1 Profits, Revenue Refrigerated warehouse operator Americold Realty Trust saw revenue and profits jump in the first quarter as its storage and distribution network played a key role in supplying a surge in grocery demand in response to the coronavirus pandemic. Read more...
08 May Trump Casts Doubt on Future of China Trade Deal President Donald Trump cast doubt on the future of his “phase one” trade deal with China, one of the biggest accomplishments of his first term, saying May 8 that he’s struggling with Beijing in the wake of the global coronavirus pandemic. Read more...
08 May Great Dane Adds Velocity Vehicle Group as Dealer Great Dane announced Velocity Vehicle Group is now a full-service Great Dane dealer. Read more...
08 May Florida Trucking, Government Leaders Provide 500 Free Meals for Truckers Florida transportation officials, police officers and trucking association representatives recently teamed to distribute free meals to truckers at a rest area on Interstate 75 as an act of appreciation during the coronavirus pandemic. Read more...
08 May Orange EV Places First Electric Terminal Truck in Missouri Orange EV announced Terminal Consolidation Co. deployed an Orange EV T-Series battery-electric terminal truck to move shipping containers at TCC’s Kansas City, Mo., operation. Read more...
08 May Trucking Industry Chassis Dispute With Ocean Carriers Heats Up U.S. trucking companies that operate at the nation’s ports are preparing to take a long-simmering financial dispute with overseas ocean carriers to the Federal Maritime Commission. Read more...
08 May House Bill Directs Fed to Cover COVID-19 FEMA Costs A bill that would ensure the federal government cover the costs of COVID-19-related Federal Emergency Management Agency assistance under major disaster declarations was introduced by top House Democrats on May 1. Read more...
08 May Musk’s Aim to Restart Tesla Plant Sets Up Potential Clash Tesla Inc. plans to reopen its sole U.S. car factory as soon as May 8, possibly setting up another battle with local health authorities in California. Read more...