Treasury Secretary Steven Mnuchin said he’ll recommend President Donald Trump move ahead with executive action on unemployment aid, evictions and student loans after another round of negotiations with Democrats on a virus relief plan ended without any agreement.
August 7, 2020Search
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Allison Earnings, Revenue Fall Amid Pandemic Disruptions
Allison Transmission Holdings Inc. reported second-quarter net income and revenue were sharply lower after the novel coronavirus pandemic upended supply chains and demand.
August 7, 2020USPS Loses $2.2 Billion in 3 Months as Virus Woes Persist
The U.S. Postal Service says it lost $2.2 billion in the three months that ended in June as the beleaguered agency — hit hard by the coronavirus pandemic — piles up financial losses that officials warn could top $20 billion over two years.
August 7, 2020House Passes Fiscal 2021 Transportation Funding Bill
A package of fiscal 2021 appropriations bills that included the Transportation, and Housing and Urban Development, and Related Agencies measure recently passed the U.S. House of Representatives.
August 7, 2020Oregon DOT Surveys Public on I-205 Tolls
The Oregon Department of Transportation is accepting public comment on the potential use of tolls on a portion of Interstate 205.
August 7, 2020US Adds 1.8 Million Jobs in Sign That Hiring Has Weakened
The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is weakening hiring and the economic rebound.
August 7, 2020Global Stocks Erase 2020 Losses Amid US Rally
A gauge of global equities erased its losses for the year as U.S. stocks climbed on optimism that officials will come to terms on fresh economic stimulus. Gold extended gains amid speculation interest rates will stay low for longer.
August 6, 2020USDOT IG Nominee Eric Soskin Affirms Investigative Role
President Donald Trump’s nominee to lead the U.S. Department of Transportation’s internal watchdog division told senators that if confirmed he would pursue investigations without bias.
August 6, 2020CVTA: Driver Learner Permit, CDL Testing Delays Persist
More than one-third of state driver’s license agencies continue to face moderate to significant delays in conducting commercial learner permit knowledge tests, commercial driver license skills tests or actual issuance of the physical learner permits, according to a new survey by the Commercial Vehicle Training Association.
August 6, 2020Driver-Assist Technologies Touted at FMCSA Truck Safety Summit
The importance of hiring skilled drivers, the prospects for success with hair-based drug tests, the critical need for infrastructure funding and the promise of technology — especially as it relates to onboard vehicle systems — were among subjects discussed at an all-day Federal Motor Carrier Safety Administration Aug. 5 truck safety summit.
August 6, 2020