Today’s Pickup: US factories in limbo as Mexican production plants remain shut
U.S. factories face issues with sourcing from Mexico; Permian basin output to decrease in May; Lime raises funding from Uber.
U.S. factories face issues with sourcing from Mexico; Permian basin output to decrease in May; Lime raises funding from Uber.
The U.S. wind energy sector is “a huge bright spot during these difficult times,” said Gene Lemke, vice president of projects at Anderson Trucking Service.
Interest is rising in Workhorse’s electric truck-based drone delivery system as the company seeks $40 million credit line to scale production.
The need for social distancing will push companies to look at increased automation of their warehouses.
The Honolulu-based carrier has used some passenger airplanes to transport face masks from China, as well as food and medical supplies between islands.
The same health crisis that made TravelCenters of America an essential business during the coronavirus pandemic burned into non-fuel revenue in late March, leading to a first-quarter loss.
Nearly 80% of owner-operators and small fleets do not have plan in place, ATRI finds.
Trump says meeting with administration officials “will work out well.”
U.S. Federal Maritime Commission asks lawmakers to consider “financial bridge” to help container terminals make their lease payments.
Volkswagen truck holding company Traton Group urges a Euro-style “cash for clunkers” program to boost new truck purchases following lower first-quarter sales, profits and orders.
United Airlines isn’t sugar-coating the airline industry’s economic reality. United expects to survive the coronavirus crisis, but business will be slim for months to come.
Company reports 30% plunge in revenue during month, but CEO Tim Phillips hopes the resumption of auto and heavy truck plants will bring some relief this month.
Shippers and forwarders will be cautious with how much cargo they commit to the ocean container carriers this contract season, industry experts say.
COVID-19 can accelerate many existing but slow-moving trends in the industry as it has forced changes in behavior and altered industry priorities.
Watchdog report lists “priority issues” requiring agency attention.
The logistics sector specializes in figuring out creative solutions to transportation and trade impediments, and a pandemic is the ultimate test. Check out what DB Schenker and Airbus are doing to increase airfreight capacity.
International association of forwarders says members have tools and knowledge to ease container-shipping pain of the COVID-19 pandemic.
Manufacturing supply chains in for prolonged distress; U.S. oil rates in limbo; global air cargo facing severe capacity crunch.
Supplies from FEMA follow calls by industry and lawmakers for more COVID-19 protection.
Trump and Republicans at odds over using pandemic as bridge to transportation funding.