Top Stories- CBO Trims GDP Forecast for 2020, Lifts 2021 Projection July 2, 2020The U.S. economy will see a slightly deeper contraction this year but a bigger rebound in 2021 than previously forecast, according to updated estimates from the Congressional Budget Office.
- YRC Worldwide Receives $700 Million Federal Loan Package July 2, 2020Less-than-truckload carrier YRC Worldwide Inc. received a $700 million federal loan in exchange for a nearly 30% share of the company.
- CBO Trims GDP Forecast for 2020, Lifts 2021 Projection July 2, 2020
- Today’s Trucking Headlines
- Moving Forward Act going nowhere, Senate Republicans say July 2, 2020The House passed a massive $1.5 trillion infrastructure package on July 1. However, Senate Republicans have already called the partisan legislation dead on arrival.
- Transport employment experiences largest spike in more than 20 years July 2, 2020After record-breaking employment losses in April, transportation jobs, including trucking, made a huge comeback in June as businesses begin to reopen.
- Moving Forward Act going nowhere, Senate Republicans say July 2, 2020
