16 Mar Amazon Warns of Delivery Delays as Coronavirus Elevates Demand Online retail giant Amazon.com Inc. is warning its customers may see some delivery delays, and some items could be out of stock as the impact from the coronavirus spreads across the country. The company says the increase in people buying things online is having an effect on how it serves its customers. Read more...
15 Mar Stock Futures Tumble Despite Fed Interest Rate Cut to Near Zero U.S. stock futures tumbled, wiping out half of the furious last-hour rally March 13 and tripping exchange trading curbs, as investors worried that emergency measures by the Federal Reserve will fall short of cushioning the coronavirus’ blows to the economy. Read more...
15 Mar Economists Eye Possible Recession Caused by Coronavirus Economists and other experts who watch the U.S. economy on a minute-by-minute basis are now suggesting, some loudly, that the nation is lurching towards a recession, as the coronavirus damages the economy. Read more...
14 Mar Trump Orders US to Stock Up Oil Reserve After Price Crash President Donald Trump ordered U.S. energy officials to purchase “large amounts” of oil to fill up the nation’s emergency reserve after the biggest price crash in a generation. Read more...
14 Mar US Will Extend Virus Travel Restrictions to UK, Ireland President Donald Trump announced March 14 that the United States will broaden its European travel ban, adding Britain and Ireland to its list, and was considering imposing restrictions on travel within the U.S. to areas hit hard by the coronavirus spread Read more...
14 Mar House Passes Coronavirus Plan With Two-Week Paid Sick Leave, Free Testing The United States House of Representatives passed a legislative package meant to provide relief to people who need assistance during the coronavirus outbreak. Read more...
14 Mar USMCA Moves Closer to Implementation as Canada Gives Its OK The U.S.-Mexico-Canada Trade Agreement has moved one step closer to being ratified by all three nations. Read more...
14 Mar FMCSA Issues HOS Relief for Coronavirus Assistance The Federal Motor Carrier Safety Administration has relaxed certain hours-of-service regulations for motor carriers involved in coronavirus-related relief efforts. Read more...
13 Mar FMCSA Postpones Truck Safety Summit Over Coronavirus The Federal Motor Carrier Safety Administration is postponing its Truck Safety Summit due to coronavirus-related concerns. Read more...
13 Mar Trailer Orders Lowest for Any February Since 2009 U.S. trailer orders in February fell to the lowest level for the month since 2009, FTR reported, citing the bite of COVID-19 on demand. Read more...