News and Events

Transportation Industry News

• Already Flooded, South Florida Feels Wrath of Eta
  Torrential rain from Tropical Storm Eta caused dangerous flooding across Florida’s most densely populated urban areas on Nov. 9 after it made landfall in the Florida Keys.
• TA Net Income Soars to $8.6 Million in Q3
  TravelCenters of America Inc. reported third quarter net income rose as revenue slipped.
• Simulators Hold Potential for CDL Training, Testing, Experts Say
  Simulators can serve as a resource for truck driver training and testing, especially during the coronavirus pandemic, according to experts assembled for a webinar hosted by the Transportation Research Board on Nov. 6.
• Bendix Expands Goals to Fight Climate Change
  Bendix Commercial Vehicle Systems announced it is committing to cut its carbon dioxide emissions in half by 2030 and achieve carbon neutrality by 2021.
• Landstar VP, CFO Kevin Stout Transitions to Advisory Role
  Landstar System Inc. announced that Kevin Stout ended his role as vice president and chief financial officer Nov. 2 and will become special adviser to company President Jim Gattoni.
• Southwest Warns Workers of First Layoffs in Company History
  Southwest Airlines Co. issued notices for what could be the first involuntary furloughs in its 49-year history, after a union declined to discuss concessions aimed at cutting payroll costs.
• Transportation Leaders Call for GAO Study on 5.9 GHz Spectrum
  The leadership of the Transportation and Infrastructure Committee in the U.S. House of Representatives called on the U.S. Government Accountability Office to review the safety implications stemming from the possibility of sharing the 5.9 GHz spectrum band.
• VW Poised to Sign Off on $3.7 Billion Navistar Deal
  Volkswagen AG’s board is preparing to sign off on its heavy-truck unit Traton SE acquiring U.S. manufacturer Navistar International Corp., according to people familiar with the matter.
• Mississippi DOT Cautions Drivers About Log Trucks
  The Mississippi Department of Transportation has issued a notice reminding drivers to stay alert for log trucks, especially as people on the road adjust to the end of daylight saving time.
• Labor Market Extends Gains, Jobless Rate Declines to 6.9%
  The U.S. labor market strengthened in October, defying expectations for more subdued gains amid an intensifying pandemic and lack of additional fiscal relief.