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.
October 21, 2020Business, Logistics
Top US Dealer Warns Automakers Are Missing Resupply Deadlines
Government, Business
Pelosi, Mnuchin Near a Deal, With Post-Election Vote Floated
White House Chief of Staff Mark Meadows said the goal in talks with House Speaker Nancy Pelosi is a deal on a coronavirus relief package within the next 48 hours.
October 21, 2020Business, Technology, Perspective
Perspective: Leading in an Unprecedented Year
Last year, when I accepted my peers’ support to become the 75th chairman of American Trucking Associations, I had no idea what would be in store for me.
October 20, 2020Business, Logistics, Breaking News
September Tonnage Down Year-Over-Year, but Rebounds After August Decline
Truck tonnage in September declined a seasonally adjusted 2.7% when compared with year-ago levels, marking the sixth consecutive month of year-over-year declines, American Trucking Associations said Oct. 20.
October 20, 2020Government, Business, Fuel
Oil Slips With Renewed Virus Restrictions Sapping Rebound
Oil slipped as nations reimposed tighter lockdown restrictions in hopes of containing a resurgent pandemic that is depressing demand.
October 20, 2020Business, Technology, Logistics
RK Logistics Accelerates Silicon Valley Expansion Plans
RK Logistics Group is accelerating its expansion into Silicon Valley with new facilities, company leadership detailed Oct. 19.
October 20, 2020Government, Business
Stimulus Nears Election Endgame on Pelosi Deadline, Senate Vote
After months of on-again, off-again talks on an increasingly needed fiscal-stimulus package, Oct. 20 is shaping up as a do-or-die moment for Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi to get a virus relief deal done in time for Election Day.
October 20, 2020Business
US Air Passengers Exceed 1 Million for First Time Since March
The virus-ravaged airline industry reached a milestone Oct. 18, carrying more than 1 million passengers for the first time in seven months.
October 19, 2020Government, Business
Pelosi, Mnuchin to Talk Fiscal Stimulus Again
Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi will hold a call the afternoon of Oct. 19 on a fiscal-stimulus package, a day before Pelosi’s deadline for a pre-election package expires.
October 19, 2020Government, Business
COVID-19 Relief Bill on Senate Floor Week of Oct.19, McConnell Says
An emergency funding measure aimed at small businesses and sectors affected by the pandemic is expected to reach the floor of the U.S. Senate the week of Oct. 19, the chamber’s leader recently indicated.
October 15, 2020