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Government, Business, Logistics
Trucks at the Port of New York and New Jersey. The port processed 16.3% less TEUs in June of this year than in June 2019. (Port Authority of New York and New Jersey)
East Coast Ports Continue to Assess Damage From COVID-19
Trucks at the Port of New York and New Jersey. The port processed 16.3% less TEUs in June of this year than in June 2019. (Port Authority of New York and New Jersey)
The nation’s East Coast ports continued to be battered by lower imports from overseas in June because of the COVID-19 pandemic.
August 5, 2020
Government, Business
A waiter wearing protective equipment serves food to patrons at the outdoor seating area of a restaurant in Chicago on July 24. (Olivia Obineme/Bloomberg News)
US Job Losses to Mount With Small Firms Running on Fumes
A waiter wearing protective equipment serves food to patrons at the outdoor seating area of a restaurant in Chicago on July 24. (Olivia Obineme/Bloomberg News)
The clock is ticking for Bonnie Morales and the acclaimed restaurant she opened a few years ago in Portland, Ore. She’s among thousands of U.S. small-business owners who are considering layoffs in coming months as they plow through government aid.
August 5, 2020
Government, Business
Senate Majority Leader Mitch McConnell said he is ready to support a negotiated relief package, "even if I have some problems with certain parts of it.” (Amanda Andrade-Rhoades/Bloomberg News)
‘Kumbaya Moment’ Unlikely in Next COVID-19 Bill, McConnell Says
Senate Majority Leader Mitch McConnell said he is ready to support a negotiated relief package, "even if I have some problems with certain parts of it.” (Amanda Andrade-Rhoades/Bloomberg News)
Partisan disagreements about the degree of assistance to provide various groups and industries have delayed a COVID-19 relief package.
August 5, 2020
Government, Business, Technology, Fuel
A pedestrian passes an electric vehicle charging space in Germany on Jan. 13. (Krisztian Bocsi/Bloomberg News)
Global EV Charging Stations Top 1 Million
A pedestrian passes an electric vehicle charging space in Germany on Jan. 13. (Krisztian Bocsi/Bloomberg News)
The electric vehicle industry has quietly hit one of its biggest milestones to date, as the number of public charging plugs around the world ticks above the 1 million mark.
August 5, 2020
Government, Business, Logistics
Gantry cranes stand above the Port of Los Angeles. (Patrick T. Fallon/Bloomberg News)
Trade Gap Narrows as Autos Spur Record Exports Increase
Gantry cranes stand above the Port of Los Angeles. (Patrick T. Fallon/Bloomberg News)
The deficit in U.S. trade of goods and services narrowed in June for the first time since February as exports jumped, though shipments remained well below pre-pandemic levels.
August 5, 2020
Business, Technology, Equipment, Fuel
A Nikola truck hauling an Anheuser-Busch load. (Anheuser-Busch)
Nikola Posts Q2 Loss, Stays Focused on Growth Strategy
A Nikola truck hauling an Anheuser-Busch load. (Anheuser-Busch)
Just months after becoming a publicly traded company, Nikola Corp. reported that net losses widened versus year-ago levels as the company continues investing in the buildup toward the introduction of its electric trucks.
August 5, 2020
Business, Top 100
kali9/Getty Images
Trucking Companies Reaffirm Commitment to Diversity
kali9/Getty Images
Trucking companies are taking steps to expand and reaffirm their commitment to a diversified workforce, and to promote trucking as an inclusive industry.
August 5, 2020
Government, Business, Technology, Autonomous
In a file photo, Anthony Levandowski (left) and attorney Miles Ehrlich exit federal court in San Jose, Calif., Aug. 27, 2019. (David Paul Morris/Bloomberg News)
Anthony Levandowski Sentenced to 18 Months in Prison
In a file photo, Anthony Levandowski (left) and attorney Miles Ehrlich exit federal court in San Jose, Calif., Aug. 27, 2019. (David Paul Morris/Bloomberg News)
Autonomous driving engineer Anthony Levandowski was ordered to spend 18 months in prison for stealing trade secrets from Google as he defected to Uber Technologies Inc., in one of the highest-profile criminal cases to hit Silicon Valley.
August 4, 2020
Business
Müller-Finkeldei (inset, by Daimler) has had roles across business units, including Daimler vans. (Mercedes-Benz USA)
Daimler Appoints Rainer Müller-Finkeldei to SVP Post
Müller-Finkeldei (inset, by Daimler) has had roles across business units, including Daimler vans. (Mercedes-Benz USA)
Daimler Trucks North America appointed Rainer Müller-Finkeldei senior vice president of engineering and technology.
August 4, 2020
Business
Oil in storage in the United States. (Daniel Acker/Bloomberg News)
Oil Jumps as Lebanon Explosion Signals Geopolitical Instability
Oil in storage in the United States. (Daniel Acker/Bloomberg News)
Oil extended its rally and hit a two-week high after an explosion at Lebanon’s main port rocked the capital Beirut, pointing to geopolitical instability in the region.
August 4, 2020