02 Jul US Unemployment Falls to 11.1%; Trucking Adds 8,000 Jobs The U.S. unemployment rate fell to 11.1% in June according to the Labor Department as the economy added 4.8 million jobs and the easing of coronavirus-related restrictions allowed more businesses to reopen while bringing back some of their employees. Read more...
01 Jul House OKs $1.5 Trillion Infrastructure Plan That Impacts HOS, Insurance WASHINGTON — The Democratic-controlled House approved a $1.5 trillion plan July 1 to rebuild the nation’s crumbling infrastructure, pouring hundreds of billions of dollars into projects to fix roads and bridges, while also delaying implementation of hours-of-service revisions and increasing liability insurance minimums. Read more...
01 Jul Is Density Related to COVID-19 Infection Rates? These Experts Say No Density is not related to confirmed COVID-19 infection rates, according to a study from a team of public health and planning experts. Read more...
01 Jul Cargo Theft Likely to Increase Over July Fourth Holiday, Report Says Though cargo theft is a year-round problem for trucking, it is more of a concern around the July Fourth holiday, according to a report by CargoNet. Read more...
01 Jul Daimler CEO Warns of ‘Drastic’ Pay Cuts, Deeper Restructuring Daimler AG CEO Ola Kallenius said the maker of Mercedes-Benz cars and the industry as a whole face painful cutbacks to overcome the economic fallout of the COVID-19 pandemic. Read more...
01 Jul Manufacturing Bounces Back in June on Reopenings U.S. manufacturing rebounded in June as major parts of the country opened back up, ending three months of contraction in the sector caused by the coronavirus pandemic. Read more...
01 Jul CARB Releases Proposal to Cut Future NOx, Particulate Matter Emissions California environmental regulators have released a slate of proposed emission-reduction amendments designed to keep the state’s air clean while it transitions to an all-electric truck future by 2045. Read more...
01 Jul House Climate Change Plan Tackles Heavy-Duty Equipment at Ports House Democrats say Congress should increase funding for programs at EPA and the Department of Energy to reduce emissions from equipment at ports. Read more...
01 Jul Commodity Freighters Are Shrugging Off COVID-19 — For Now The cost of moving commodities like coal and iron ore across the world’s oceans is surging as China lifts cargo purchases. Whether the rally will withstand the economic aftershocks of the coronavirus is a thornier question. Read more...
01 Jul OPEC Cuts Output to Lowest Since 1991 as Virus Slams Oil Demand OPEC slashed oil production to the lowest level since the Gulf War in 1991, as it escalated efforts to revive global markets just as a resurgence of the coronavirus is threatening demand again. Read more...