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Trucking companies have been nimble in adopting changes to their operations both on the road and in the office as a result of the COVID-19 outbreak, industry executives said.

Boeing Co. unveiled the first and deepest of its planned job cuts, saying it would notify 6,770 employees in the U.S. this week that their positions would be eliminated.

Russia’s lack of support for continuing global production curbs in July punctured oil’s rally to a nearly three-month high and raised questions about OPEC+’s ability to drain a massive supply glut.

The South Carolina Department of Transportation is projecting to lose millions of dollars in revenue because of the COVID-19 pandemic’s impact on motor fuel taxes and car sales taxes, according to transportation officials.

Legislation that would compensate essential workers who became ill or died from COVID-19 while performing their services was recently introduced by Senate Democrats.

House Majority Leader Steny Hoyer said the House and Senate should be able to quickly agree on changes to the Small Business Administration’s popular Paycheck Protection Program to give loan recipients more flexibility in using funds.

Oil’s recovery from its historic crash last month is barreling ahead, with some OPEC producers displaying signs of confidence that the market is stabilizing.

The Federal Motor Carrier Safety Administration has announced plans to immediately expand the use of remote motor carrier safety compliance reviews during the COVID-19 pandemic.

The trading floor of the New York Stock Exchange reopened for the first time in two months with Gov. Andrew Cuomo ringing the iconic bell, but the controlled chaos was more subdued May 26 under new pandemic rules.

Last-mile fleets such as FedEx, Amazon, XPO and UPS have been dealing with a spike in demand while also implementing safety protocols to protect employees and customers.