Showing posts with label trucking industry. Show all posts
Showing posts with label trucking industry. Show all posts

Thursday, July 2, 2020

In unusual deal, U.S. Treasury to acquire 30 percent of trucking company in exchange for $700 million loan - The Washington Post


Congress gave Treasury $17 billion to give in loans to firms it deemed "critical" to U.S. national security.

Monday, October 7, 2019

Another 4,200 truck drivers lost their jobs in September as a recession slams America's $800 billion trucking industry - Business Insider

More and more truckers are losing their jobs. Truck drivers' earnings sank in 2019, and hundreds of trucking companies have gone bankrupt. The federal government's September jobs report said 4,200 truck drivers lost their jobs in that month alone. ....
https://www.businessinsider.com/trucking-truck-drivers-job-loss-september-2019-10

Friday, April 5, 2019

Electric trucks like the Tesla Semi are 'pointless both economically and ecologically', according to a vehicle tech expert - Business Insider

According to Tesla, its Tesla Semi battery will charge in just 30 minutes and has enough electricity to last 640 kilometers. Transport and Environment conducted a study in which the energy consumption of classic diesel trucks was compared with those of electric trucks on long-haul journeys. Though electric trucks may seem to come out of the study favorably in the study, a number of renowned experts take a much more critical view of Tesla's announcements...
https://www.businessinsider.com/this-expert-says-tesla-semi-is-economically-and-ecologically-pointless-2019-2

Friday, March 9, 2018

Trump administration stalls transport safety regulations from being implemented across the board

In 2016, the government proposed safety regulations that would require large transport vehicles, like new heavy trucks, to have speed limiting software. As CNBC explains, this came after yet another tragic accident involving a transport vehicle and many dead people....
https://www.dailykos.com/story/2018/2/26/1744912/-Trump-administration-stalls-transport-safety-regulations-across-the-board-from-being-implemented

Monday, August 7, 2017

Senators pressure retailers to root out “shameful” labor abuse of truckers -- USA TODAY

A group of high-profile Democratic Senators, including Elizabeth Warren and Dianne Feinstein, wrote letters to the nation's top retail CEOs Monday, demanding they crack down on trucking companies that turned their workers into modern-day indentured servants...
https://www.usatoday.com/story/news/2017/07/31/senators-pressure-retailers-root-out-shameful-labor-abuse-truckers/104168828/







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