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Trucking Braces for ‘COVID Hangover’ and Ongoing Battles in 2021

As the COVID-19 pandemic stretches into 2021, the trucking industry will continue to address coronavirus-related challenges while confronting issues that existed long before most people had ever touched a face mask.

December 29, 2020

Boeing’s 737 Max Returns in US With American Airlines Flight

Boeing Co.’s 737 Max is poised to return to commercial service in the U.S. with the first flight since two deadly crashes prompted the longest aircraft grounding in the nation’s history.

December 29, 2020

Crude Climbs in Wake of Weaker Dollar, Expected Supply Drop

Oil advanced with support from a weaker dollar and expectations of declining U.S. crude inventories.

December 29, 2020

All Eyes on Senate After House Backs Trump on $2,000 Checks

The House on Dec. 28 passed a bill replacing the $600 stimulus checks in the newly enacted virus relief bill with $2,000 payments, as Democrats and moderate Republicans voted in favor of a proposal backed by President Donald Trump.

December 28, 2020

Diesel Rises 1.6¢, Reaches Nine-Month High of $2.635 a Gallon

The U.S. average retail price of diesel rose 1.6 cents to $2.635 a gallon and notched a new nine-month high after first reaching that peak a week earlier, the Energy Information Administration reported Dec. 28. The average price of diesel was $2.659 on March 23.

December 28, 2020

Trucking Industry Experts Optimistic About 2021, Once COVID Is Over

The trucking industry stands poised for a solid start in 2021, building on an unprecedented 2020 during which the U.S. economy relied heavily on truckers amid the COVID-19 pandemic.

December 29, 2020

Oil’s Brief Rally Fades With Supply Risks Countering Stimulus

A brief rally in crude oil deflated Dec. 28 as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming new supply from OPEC+.

December 28, 2020

Nuro Acquires Ike, Gets Approval for Autonomous Deliveries in California

Robotics company Nuro announced Dec. 23 that it has acquired Ike Robotics Inc., which builds automated trucking technology.

December 28, 2020

COVID-19 Relief Package Includes $10 Billion for Highway Infrastructure

President Donald Trump on Dec. 27 signed a COVID-19 relief package that allots $10 billion for highway infrastructure programs.

December 28, 2020

House Set to Vote on $2,000 Stimulus Checks Trump Demanded

The House is set to vote Dec. 28 to replace the $600 stimulus payments in the newly enacted pandemic relief law with the $2,000 President Donald Trump demanded — a Democratic-led effort that is politically fraught for congressional Republicans and unlikely to become law.

December 28, 2020