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Oil Poised for Worst Month Since March With Growing Curbs

Oil headed for its biggest monthly drop since March as renewed lockdown measures to contain the coronavirus threatened to upend a shaky demand recovery.

October 30, 2020

New House Bill Promotes Transportation Technologies

Legislation that aims to promote the adoption of new technologies throughout the country’s transportation networks was recently introduced in the U.S. House of Representatives.

October 30, 2020

ELD Vendors Update Software to Match Modified HOS Rules

Before the federal government’s revised hours-of-service rules went into effect Sept. 29, suppliers of electronic logging devices were busy updating their software.

November 3, 2020

New York Officials Break Ground on Staten Island Expressway Project

New York Gov. Andrew Cuomo recently announced that construction has begun on a project to create a continuous auxiliary lane on a portion of the Staten Island Expressway.

October 30, 2020

Rhode Island Trucking Company Owner Admits to Falsifying ELD Records

The owner of a Rhode Island-based trucking company has admitted to falsifying service records for approximately 20 drivers.

October 30, 2020

Defense Sales Brighten Allison Q3 Results

Allison Transmission Holdings Inc. reported lower net income and revenue in the third quarter as its defense segment contributed higher sales.

October 29, 2020

Pelosi Wants ‘Big’ Health Care, Infrastructure Push in 2021

House Speaker Nancy Pelosi is preparing a 2021 legislative agenda with two “great, big initiatives” — expanding health care access and rebuilding American infrastructure — that are longtime Democratic priorities aligned with Joe Biden’s platform and taking on fresh urgency in the COVID-19 crisis.

October 29, 2020

Zeta, Now Tropical Storm, Leaves Trail of Blackouts Across South

Tropical Storm Zeta is spinning across the U.S. South after walloping New Orleans, blacking out 1.9 million homes and businesses and leaving a trail of wreckage from Louisiana to North Carolina.

October 29, 2020

Jobless Claims Decline More Than Forecast in Week Ending Oct. 24

Applications for U.S. state unemployment benefits fell more than forecast last week, suggesting the labor market remains on the path of gradual improvement — while still far from its pre-pandemic health.

October 29, 2020

US Economy Expands at Record 33.1% Pace After COVID Plunge

The U.S. economy bounced back with a record yet temporary surge of growth in the third quarter as businesses reopened and stimulus cash powered consumer spending — reversing much of the collapse stemming from coronavirus lockdowns.

October 29, 2020