20 Apr Stocks Sink Under Weight of Another Collapse in Oil Prices Stocks have fallen in early trading on Wall Street April 20, as energy stocks get hammered by the latest collapse in the price of oil. Read more...
20 Apr Drivewyze Expands Rest Area Parking Notifications Drivewyze announced it expanded its notifications of temporary rest area parking to include Arizona, Virginia and Ohio. Read more...
20 Apr Navistar Extends Stoppage at Springfield, Ohio, Truck Plant Navistar International Corp. extended the stoppage at its medium-duty truck assembly plant in Springfield, Ohio, through early May due to component supplier constraints. Read more...
20 Apr Dana Reduces Operating Costs Due to Lower Demand Dana Inc. announced it significantly reduced operating costs, secured $500 million of incremental liquidity and temporarily suspended its quarterly dividend due to lower customer demand. Read more...
20 Apr Trump, Congress Near Deal on Small Business, Hospital Aid The Trump administration and Congress expect an agreement April 20 on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing. Read more...
17 Apr Georgia Company Builds Hospital Rooms From Shipping Containers A company is adding more hospital beds for Georgia coronavirus patients one shipping container at a time. Read more...
17 Apr UPS Shipping First Ventilators From GM Facility to Hospitals UPS is shipping ventilators made in a General Motors facility to hospitals in the Chicago area. Read more...
17 Apr ARTBA Reports 231,000 Bridges Need Repairs Nearly 231,000 bridges require repairs with more than 46,000 bridges showing structural deficiencies, according to the American Road and Transportation Builders Association. Read more...
17 Apr Amazon Nudges Customers Away From Nonessential Items The pandemic has many of us acting in unusual ways, and the world’s largest e-commerce company is no exception: Amazon.com has begun discouraging users from buying things they don’t need. Read more...
17 Apr Convoy Underwrites Cost to Ship to Local Food Banks Digital freight broker Convoy announced it will pay the trucking costs for any food-producing business in the U.S. wanting to donate a truckload of product to a local food bank. Read more...