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Global Air Passenger Slump to Last Until 2023, Moody’s Says

Global airline passenger demand won’t recover to pre-coronavirus pandemic levels until the end of 2023, and only then if effective vaccines and medicines are available, according to Moody’s Investors Service.

July 17, 2020

Tesla Keeps China Growth Going With Record Registrations

Tesla Inc. kept growing in China last month, with registrations of its electric vehicles jumping to a record in the world’s largest market as the coronavirus outbreak receded.

July 17, 2020

ºÚÁϳԹÏÍø Construction Jumps 17.3% in June

Construction of U.S. homes jumped 17.3% in June as some states reopened, but the pace still lags last year after this spring’s massive slowdown in building activity due to the coronavirus outbreak.

July 17, 2020

COVID-19 Continues to Damage Business at Nation’s Ports on Both Coasts

The COVID-19 pandemic and Trump administration trade policies with China will result in at least a 15% drop in cargo this year at the Port of Los Angeles, the nation’s busiest seaport.

July 17, 2020

Senate GOP to Focus on Schools, Jobs in COVID-19 Stimulus

The Senate’s next round of stimulus funding related to the coronavirus pandemic is likely to assist with education and boost the workforce, the chamber’s leader indicated.

July 16, 2020

Oil Slips as Looming OPEC Supply Surge Adds to Demand Woes

Oil snapped its two-day rally amid a weaker demand outlook underscored by the OPEC+ alliance’s decision to taper production cuts and U.S. economic data signaling a slowing recovery in the labor market.

July 16, 2020

Study: Training Helps Younger Drivers Stay as Safe as Those Retiring

A study commissioned by FMCSA found "no safety-based reason not to use younger drivers" to help fill the void left by retiring older drivers.

July 16, 2020

Barr Says US Overly Reliant on Chinese Goods, Services

The United States has become overly reliant on Chinese goods and services, including face masks, medical gowns and other protective equipment designed to curb the spread of the coronavirus, Attorney General William Barr said July 16.

July 16, 2020

Truck Drivers Should Beware of CBD, Drug Policy Expert Says

The U.S. Department of Transportation told truck drivers use of CBD oils would be at their own career risk.

July 16, 2020

House Transportation Panel Advances Water Infrastructure Bill

Legislation that would advance construction of certain freight projects and promote resilience across myriad water systems was easily approved July 15 by the transportation committee at the U.S. House of Representatives.

July 16, 2020