Government, Business, Safety, Logistics

Labor Abuse Allegations Tie Up Ships in Australia Ports

Shipping containers sit at a terminal in Sydney, Australia. Shipping containers sit at the Port Botany terminal in Sydney, Australia, on June 3. (Brendon Thorne/Bloomberg News)

Australian authorities detained at least two cargo ships for alleged labor violations related to demands from seafarers to be sent home, some of whom have spent more than a year at sea.

August 12, 2020
Government, Business, Safety, Logistics

Planning Expert Emphasizes Health Considerations in Public Policy

Older couple getting on bus As adults get older, access to transportation can get more difficult, said Renee Autumn Ray, strategy and innovation leader at Conduent Transportation. (SolStock/Getty Images)

Public agencies at all levels of government, including the ones related to transportation, should incorporate health considerations into policy decisions, a planning expert said.

Eleanor Lamb | Staff Reporter
August 12, 2020
Government, Business

Trucking Fares Better Than Overall Economy, Experts Say

Trucks on highway Getty Images

The trucking and freight economy appears to be doing better than the overall U.S. economy as fleets adjust to contend with supply chain changes caused by the COVID-19 pandemic.

Dan Ronan | Associate News Editor
August 12, 2020
Government, Business, Safety

Mnuchin Pushes for Limited Stimulus as Stalemate Persists

Steven Mnuchin wants a limited stimulus bill. Treasury Secretary Steven Mnuchin is pushing again for a limited virus-relief bill. (Stefani Reynolds/Bloomberg News)

Treasury Secretary Steven Mnuchin renewed a push for a more limited next-round U.S. pandemic relief package of “a little more than $1 trillion” on Aug. 12, saying that Democratic demands for spending more could be discussed down the road.

August 12, 2020
Government, Business, Safety

FMCSA Extends Emergency Relief Declaration to Sept. 14

Truck on highway A northbound truck crosses the Modoc County line in California. (Scott Sonner/AP)

The Federal Motor Carrier Safety Administration has again extended its emergency declaration relaxing hours-of-service rules for motor carriers that are providing direct assistance in support of coronavirus-related relief efforts.

Eric Miller | Senior Reporter
August 12, 2020
Government, Business

Inflation Quickened in July on Costs of Vehicles, Apparel

Customers carrying shopping bags exit from a mall in New York. Customers carrying shopping bags exit from a mall in Syracuse, N.Y., on July 10. (Maranie Staab/Bloomberg News)

U.S. consumer prices rose in July by more than expected on a jump in auto and apparel costs, though inflation remained broadly muted as the pandemic suppressed demand.

Olivia Rockeman | Bloomberg News
August 12, 2020
Business, Fuel

Occidental’s Lone Rig Shows Downfall of Permian Basin Oil Giant

A pumpjack in Azerbaijan. (Taylor Weidman/Bloomberg News)

Occidental Petroleum Corp. will have just a single oil rig in the Permian Basin in the second half of the year, illustrating the scale of the shale industry’s pullback and the company’s debt woes.

Kevin Crowley | Bloomberg News
August 11, 2020
Business

Hertz Seeks Bankruptcy Loan as Car Rental Volume Slowly Recovers

Hertz signage is displayed outside a location in Los Angeles. Hertz is seeking debtor-in-possession financing more than two months after filing for bankruptcy. (Martina Albertazzi/Bloomberg News)

Hertz Global Holdings Inc. is seeking debtor-in-possession financing more than two months after filing for Chapter 11 protection, reflecting the reality that it still faces trouble ahead if travel doesn’t bounce back.

David Welch | Bloomberg News
August 11, 2020
Government, Business

Trump’s Executive Actions Fail to Jolt Stalled Relief Talks

Steven Mnuchin and Mark Meadows speak to media members on Aug. 7. Steven Mnuchin and Mark Meadows speak to members of the media at the U.S. Capitol on Aug. 7. (Stefani Reynolds/Bloomberg News)

Two days after President Donald Trump moved to implement scaled-down coronavirus relief without congressional approval, there’s no indication the tactic will get Republicans and Democrats back to the negotiating table for a comprehensive stimulus.

Laura Litvan and Erik Wasson | Bloomberg News
August 10, 2020
Government, Business, Logistics

USPS Overhaul Challenged by Democrats

A letter carrier prepares mail for delivery at a USPS facility in Virginia. A letter carrier prepares mail for delivery at a USPS facility in Virginia on May 19. (Andrew Harrer/Bloomberg News)

The U.S. Postal Service overhauled its organizational structure, as Democrats called for an investigation into whether the changes implemented by President Donald Trump’s postmaster general pose a threat to mail-in ballots for the November election.

David McLaughlin | Bloomberg News
August 10, 2020

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