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Government, Business, Safety, Logistics

Lawmakers Highlight Supply Chain Concerns Amid Pandemic

Trucks on highway shaunl/Getty Images

House lawmakers recently pointed to the need for enhancing the manufacturing environment for products and equipment to avoid future disruptions along supply chains affected during the coronavirus pandemic.

Eugene Mulero | Senior Reporter
July 31, 2020
Business, Technology, Fuel

Electric Car Startup Fisker Misses Deadline for Supply Deal With VW

Fisker Inc. Ocean electric sports utility vehicle The Fisker Inc. Ocean electric sports utility vehicle. (Bridget Bennett/Bloomberg News)

Fisker Inc. missed a self-imposed deadline for a technology-sharing deal with Volkswagen AG that the electric-vehicle startup had described as key to cutting costs.

Ed Ludlow | Bloomberg News
July 31, 2020
Government, Business, Fuel

Noble Corp. Files Bankruptcy to Erase $3.4 Billion of Debt

Pedestrians walk along a beach near the Noble Sam Turner jack-up drilling rig Pedestrians walk along a beach near the Noble Sam Turner jack-up drilling rig in Cromarty, U.K., on June 23, 2020. Noble says it will continue operating during the bankruptcy. (Jason Alden/Bloomberg News)

Offshore drilling contractor Noble Corp. filed for bankruptcy with a plan to cut more than $3.4 billion of debt.

July 31, 2020
Business, Logistics

United Air Pivots to Leisure Routes in Modest Schedule Boost

United Airlines planes outside the Newark International Airport United Airlines airplanes sit outside an empty waiting area at Newark International Airport on June 9, 2020. United's September schedule will be about 37% less than in September 2019. (Angus Mordant/Bloomberg News)

United Airlines Holdings Inc. will boost flights modestly in September as it resumes service on more than 25 international routes.

Justin Bachman | Bloomberg News
July 31, 2020
Business, Equipment

Penske Truck Leasing Introduces Mobile Remote Service Check-In

Penske Penske Truck Leasing

Penske Truck Leasing has introduced a remote service check-in through a mobile app upgrade, the company announced July 27.

July 31, 2020
Business, Logistics, Top 100

Universal Posts Lower Profit, Declining Revenue in Q2

Universal Logistics Holdings truck Universal Logistics Holdings

Universal Logistics Holdings reported July 30 that net income and revenue were down during the second quarter compared with last year.

Connor D. Wolf | Staff Reporter
July 31, 2020
Business, Technology, Fuel

GM to Build Nationwide EV Charging Network

Electric vehicles at charging station Electric vehicles at a charging station in Seattle. (Seattle Department of Transportation)

General Motors Co. is working with electric-vehicle charging operator EVgo Services to build a nationwide fast-charging infrastructure.

David Welch | Bloomberg News
July 31, 2020
Business, Logistics, Top 100

Forward Air Posts Decline in Net Income, Revenue for Q2

Forward Air truck John Sommers II for Transport Topics

Forward Air Corp. saw net income and total revenue decrease during the second quarter from prior-year levels, the company reported July 30.

Connor D. Wolf | Staff Reporter
July 31, 2020
Business

Ceva Chosen to Assist Ikea’s Mexican Operations

Ceva A Ceva Logistics truck. (Ceva Logistics)

Ceva Logistics has been chosen to operate a warehouse in Mexico for furniture and home goods retailer Ikea, the company announced July 27.

July 31, 2020
Government, Business, Safety

Meadows Says Democrats Rebuff White House on Stopgap Jobless Aid

Nancy Pelosi has reportedly rebuffed White House proposals for short-term stopgap measures. Nancy Pelosi has reportedly rebuffed White House proposals for short-term stopgap measures for virus relief. (Samuel Corum/Getty Images via Bloomberg News)

White House Chief of Staff Mark Meadows said Democrats rebuffed multiple proposals from the Trump administration to extend lapsing supplemental unemployment benefits and have continued to raise the ante in talks on a stimulus package to bolster a U.S. economy hobbled by the coronavirus pandemic.

July 31, 2020

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