02 Mar Factories Expand Despite Virus, Though Deliveries Slow WASHINGTON — American factories expanded in February for the second straight month, despite disruptions caused by the coronavirus outbreak. Read more...
02 Mar US Construction Spending Up 1.8% in January to Record Level WASHINGTON — Spending on U.S. construction projects rose to an all-time high in January, helped by strong gains for home construction and government building projects. Read more...
02 Mar Secretary Elaine Chao: Consumers Will Be Key in Determining AV Technology Transportation Secretary Elaine Chao recently asserted that the American consumer will have a lot to say in determining the course of autonomous vehicles. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill. Read more...
02 Mar Crossword Puzzle Solution for March 2, 2020 Here's the solution to the crossword puzzle found in the March 2, 2020 print edition. Read more...
02 Mar Most Ports See Container Volumes Decline in January Facing strong headwinds from the lingering effects of the U.S.-China trade war, the slowdown associated with the Chinese New Year, and later the coronavirus, most of the nation’s ports saw container volumes fall in January. Read more...
02 Mar Economists Fear Possible Recession as Coronavirus Spreads Economists who closely follow the transportation and trucking industry say the next month will be critical as to whether the economy avoids a recession in 2020 as concerns over the spread of the coronavirus mount. Read more...
02 Mar As Coronavirus Spreads, Global Demand for Oil Lessens, Prices Fall NEW YORK — With the coronavirus outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further. Read more...
02 Mar First Negative US Yields Get Closer Amid Virus Fallout Fears The swirl of fresh coronavirus cases and growing risks to the global economy have some seasoned market strategists warning that U.S. growth could come to a halt this year and some Treasury yields may drop below zero for the first time. Read more...
02 Mar Massachusetts Transportation Funding Plan Would Increase Gas Taxes BOSTON — Fees for ride-hailing services and a 5-cents-per-gallon hike in the state’s gas tax are the heart of a plan floated by Democrats in the House of Representatives to pay for upgrades to roads, bridges and public transit. Read more...
02 Mar DTNA Reorganizes Business Into On-Highway, Vocational Segments Daimler Trucks North America is reorganizing its business into two segments, on-highway and vocational, in an effort to better meet the needs of fleet customers in both categories. Read more...