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Senate Panel to Consider USDOT IG Nominee Eric Soskin

President Donald Trump’s nominee to lead the U.S. Department of Transportation’s internal watchdog division is scheduled to appear before a Senate panel Aug. 6.

August 4, 2020

FAA Spells Out Design Changes Needed in Grounded Boeing Jet

Federal regulators on Aug. 3 outlined a list of design changes they will require in the Boeing 737 Max to fix safety issues that were discovered after two deadly crashes that led to the worldwide grounding of the plane.

August 4, 2020

DOT Funds Four New University Transportation Centers

The U.S. Department of Transportation announced $4.9 million in funding has been awarded to support four new University Transportation Centers.

August 4, 2020

YRC Posts Q2 Declines

Losses at YRC Worldwide Inc. widened in the second quarter amid the economic fallout of the COVID-19 pandemic, but the company said federal loans it received under coronavirus relief efforts will help position it to emerge healthier from the downturn.

August 4, 2020

Average Price of Diesel Continues to Linger in $2.40s

Diesel fell for the third consecutive week, by three-tenths of a cent to $2.424 a gallon.

August 3, 2020

Oil Rises With Signs of Economic Recovery Buoying Demand

Oil rose the most in nearly two weeks as economic data from the U.S. to Europe and Asia signaled a flicker of life in languishing demand.

August 3, 2020

Smithfield Goes On Defensive Over COVID-19 Response

Smithfield Foods Inc. is defending its efforts to keep employees safe and supply food to the nation during the coronavirus pandemic.

August 3, 2020

GM Alleges Fiat Chrysler Spent Millions to Bribe UAW Leaders

General Motors is asking a federal judge to reconsider his dismissal of a lawsuit against Fiat Chrysler based on new allegations that FCA bribed union and GM officials.

August 3, 2020

Virus Relief Bill Remains Up in Air as Negotiations Resume

Slow, grinding negotiations on a huge COVID-19 relief bill are set to resume Aug. 3, but the path forward promises to be challenging and time is already growing short.

August 3, 2020

House Advances Water Infrastructure Policy Bill

A water infrastructure policy bill that found bipartisan backing was easily advanced by the U.S. House of Representatives on July 29.

August 3, 2020