22 Jul Pennsylvania Turnpike Commission Approves Another Toll Hike In keeping with a decadeslong pattern, the Pennsylvania Turnpike Commission has approved a toll rate increase for 2021. Read more...
22 Jul Knight-Swift Reports Slight Profit Increase in Q2 Knight-Swift Transportation Holdings posted a second-quarter profit increase of 1.2%, but revenue declined. Read more...
22 Jul Baker Hughes Bracing for Second Wave of COVID-19 Lockdowns Baker Hughes Co. is bracing for a second wave of pandemic-induced lockdowns after the virus crippled economic activity around the world and compounded a historic oil bust. Read more...
22 Jul VW’s EV Expansion in Tennessee Is ‘On Plan’ Walls are up enclosing Volkswagen’s new $800 million electric vehicle production site in Chattanooga, Tenn., as factory equipment is shipped in for installation, an official says. Read more...
22 Jul Canadian National Q2 Earnings Squeezed by Pandemic Canadian National Railway is the latest Class I railroad to feel the impact of the COVID-19 pandemic. Read more...
22 Jul DOD Re-Awards $7.2 Billion Household Goods Moving Contract The Department of Defense has re-awarded a $7.2 billion household goods moving contract just two weeks after it had pledged to take corrective action on the contested award by two competitors. Read more...
22 Jul US Sales of Existing Homes Jump 20% After 3-Month Slump Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further in the face of the resurgent viral outbreak and a shrinking supply of homes for sale. Read more...
22 Jul Tesla Slashes Deposit for China Customers to Just $143 Tesla Inc. lowered the deposit that buyers in China have to put down on its cars, seeking to keep sales momentum in the face of intensifying competition and reductions in the government’s electric-vehicle subsidies. Read more...
21 Jul 21 State Attorneys General Sue Over New Trump Water Rule SACRAMENTO, Calif. — Attorneys general in 20 states and the District of Columbia sued the Trump administration July 21, alleging that new federal rules undermine their ability to protect rivers, lakes and streams within their borders. Read more...
21 Jul Mississippi Transportation Commission Issues 18 Contract Awards The Mississippi Transportation Commission has awarded contracts for 18 infrastructure projects. Read more...