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Government, Business, Technology, Fuel

Ship Orders Slump 50% With Owners Unsure Which Fuel to Use

Ships sit under construction at a shipyard in South Korea in June. (SeongJoon Cho/Bloomberg News) Ships sit under construction at a shipyard in South Korea in June. (SeongJoon Cho/Bloomberg News)

Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order because they don’t know which alternative technology to switch to.

January 8, 2021
Government, Business

Trucking Jobs Gain in December Outweighed by Wider Labor Trouble

A worker preps food at a restaurant in downtown Memphis, Tenn. (Nina Westervelt/Bloomberg News) A worker preps food at a restaurant in downtown Memphis, Tenn. (Nina Westervelt/Bloomberg News)

The U.S. labor market lost jobs in December for the first time in eight months, yet transportation-related businesses showed solid growth, the Labor Department said Jan. 8.

Olivia Rockeman | Bloomberg News
January 8, 2021
Business, Technology, Fuel

New Geotab Division Helps Utilities Support EV Adoption

Electric vehicle charging stations Electric vehicle charging stations. (Geotab Energy)

Fleet management solutions provider Geotab unveiled a service Jan. 7 focused on helping utilities support electric vehicle adoption.

Connor D. Wolf | Staff Reporter
January 7, 2021
Government, Business

Biden Selects Boston Mayor Marty Walsh for Labor Secretary

Marty Walsh Boston Mayor Marty Walsh in 2016. (David Paul Morris/Bloomberg)

President-elect Joe Biden has selected Boston Mayor Marty Walsh to serve as secretary of the Department of Labor.

Eleanor Lamb | Staff Reporter
January 7, 2021
Business, Equipment, Safety

December Class 8 Orders Fourth-Best Ever

Mack truck “Customer demand for Mack has shown strength across all Class 8 segments,” said Jonathan Randall, Mack Trucks senior vice president of North American sales. (Mack Trucks)

North American Class 8 orders in December notched the fourth-highest volume ever as they surpassed 50,000 for the second consecutive month, according to ACT Research citing truck makers’ initial data.

Roger Gilroy | Senior Reporter
January 7, 2021
Government, Business, Safety

Top Senate Democrats Hopeful About Infrastructure Agenda Amid Political Turmoil

Schumer Sen. Chuck Schumer ( Al Drago/Bloomberg News)

Lawmakers are working to shift attention from the contentious battle for the White House to legislative issues now that Congress has certified President-elect Joe Biden’s electoral college victory, and the outcomes of two Senate runoff elections in Georgia have been settled in Democrats’ favor.

Eugene Mulero | Senior Reporter
January 7, 2021
Government, Business

Retrial of Former Pilot President Mark Hazelwood Is Likely, Attorney Says

Hazelwood Jamie Rector/Bloomberg News

Retrial of former Pilot Flying J President Mark Hazelwood, convicted of cheating truckers out of diesel fuel rebates, now appears likely, according to Hazelwood’s lead attorney.

Eric Miller | Senior Reporter
January 7, 2021
Government, Business

Biden Taps Rhode Island Gov. Gina Raimondo as Commerce Chief, Source Says

Rhode Island Gov. Gina Raimondo speaks during a panel discussion at a summit in Washington in 2018. Rhode Island Gov. Gina Raimondo speaks during a panel discussion at a Goldman Sachs summit in Washington in February 2018. (Andrew Harrer/Bloomberg News)

President-elect Joe Biden has chosen Rhode Island Gov. Gina Raimondo as his nominee for commerce secretary, a person familiar with the matter said Jan. 7.

Jennifer Epstein | Bloomberg News
January 7, 2021
Business, Technology, Autonomous

Tesla’s Elon Musk Now World’s Richest Person

Elon Musk arrives at the Axel Springer Award ceremony in Germany on Dec. 1. (Liesa Johannssen-Koppitz/Bloomberg News) Elon Musk arrives at the Axel Springer Award ceremony in Germany on Dec. 1, 2020. (Liesa Johannssen-Koppitz/Bloomberg News)

Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet.

January 7, 2021
Government, Business

Initial Jobless Claims Remain Elevated Heading Into 2021

A worker removes chairs from the outdoor dining tent of a restaurant in New York. (Angus Mordant/Bloomberg News) A worker removes chairs from the outdoor dining tent of a restaurant in New York. (Angus Mordant/Bloomberg News)

Applications for U.S. state unemployment benefits were little changed at elevated levels in the final week of 2020, indicating the labor market remains battered with the pandemic dragging on.

Reade Pickert | Bloomberg News
January 7, 2021

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