The often discussed driver shortage is over — at least for the time being — as a result of the COVID-19 pandemic, the deepening U.S. recession and a falloff in the amount of freight being hauled by many sectors of trucking, industry experts said.
May 28, 2020Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
US Layoffs Climb to 41 Million, Despite Business Reopenings
An estimated 2.1 million Americans applied for unemployment benefits last week despite the gradual reopening of businesses around the country, bringing the running total since the coronavirus shutdowns took hold in mid-March to about 41 million, the government said May 28.
May 28, 2020Zipline Medical Drones Begin Flying in the US
On May 22, before Memorial Day, a six-foot long, red-and-white drone took off from a field in Kannapolis, N.C., flew 15 miles west over suburban Charlotte to Novant Health’s Huntersville Medical Center, and dropped a box of protective masks in a designated spot next to the parking lot.
May 27, 2020Trucking Companies Adapt to Coronavirus Realities
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.
May 27, 2020Most Railroads Nearing Positive Train Control Implementation
Positive train control technology is either in advanced field testing or operational on 98% of the required route miles mandated by Congress, according to an assessment.
May 27, 2020DOT Issues TIFIA Loan for Oklahoma Expressway Project
The U.S. Department of Transportation recently announced it will provide a loan for up to $120.1 million to the Oklahoma Turnpike Authority for an expressway project in the Tulsa area.
May 27, 2020Port Authority of New York, New Jersey Gets Congressional Support for Aid Request
Twenty-seven members of Congress representing the states of New York and New Jersey are asking leaders in the House and Senate to include $3 billion in relief funds for the Port Authority of New York and New Jersey in a future coronavirus financial aid package.
May 27, 2020House, Senate Lawmakers Propose Essential Workers Fund
Legislation that would compensate essential workers who became ill or died from COVID-19 while performing their services was recently introduced by Senate Democrats.
May 26, 2020FMCSA to Immediately Expand Remote Carrier Compliance Reviews During Pandemic
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.
May 26, 2020Bell Rings Again at New York Stock Exchange as Floor Reopens
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.
May 26, 2020