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Oil Trades Near Six-Week High on Supply Cuts, Demand Recovery

Oil was near the highest in six weeks as major producers slash supply, and there are increasing signs that demand is recovering.

May 15, 2020

US Economy Hits Record Lows in April Retail, Factory Data

U.S. retail sales and factory output registered the steepest declines on record in April, illustrating a recession so deep that it likely will take years to fully recover.

May 15, 2020

FMCSA Denies PTS Worldwide Request to Split Sleeper Berth Time

The Federal Motor Carrier Safety Administration has denied a five-year exemption request by Department of Defense highly sensitive cargo carrier PTS Worldwide to split sleeper berth hours into segments of 4/6, 5/5 or 6/4 hours.

May 15, 2020

Truck Stops Providing Essential Services to Truckers, Navigating the Downturn

Like truck drivers, truck stops are struggling during the coronavirus pandemic. But they are still open, working to ensure drivers have the essentials they need.

May 14, 2020

Oil Jumps to Five-Week High Amid Optimistic Demand Outlook

Oil surged to the highest level since early April on an improving outlook for crude demand, alongside a rally in broader markets.

May 14, 2020

FMCSA Publishes Final HOS Rule, Granting Flexibility to Drivers

The Federal Motor Carrier Safety Administration has published its long-awaited final rule on changes to hours-of-service regulations in a move intended to increase flexibility for truck drivers.

May 14, 2020

UPS Adds Indiana Airport to Cargo Network

The Gary/Chicago International Airport Authority on May 13 approved a long-term lease and easement access agreement with UPS Inc. that will allow the company to begin express air shipment operations later this year.

May 14, 2020

Police Visit Tesla Plant, Underscoring Confusion on Lockdown Loosening

Police visited Tesla Inc.’s sole U.S. car plant May 13 to assess whether the electric car maker was adhering to safety protocols agreed to with the county that Elon Musk publicly said he would defy earlier in the week.

May 14, 2020

36 Million Have Sought US Unemployment Aid Since Virus Hit

Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.

May 14, 2020

Small Settlements’ Impact Tops ATRI’s Research Priorities List

The American Transportation Research Institute’s recently announced list of research priorities for 2020 includes several key trucking industry issues, ranging from legal settlements to vehicle-miles-traveled taxes.

May 13, 2020