08 Apr Trump Touts Infrastructure Plan as Congress Eyes Expanded Aid Proposals that would help the transportation sector work through the coronavirus pandemic are coming from the highest levels of government. President Donald Trump is pressing support for large investments in infrastructure funded through no-interest loans, and congressional leaders are calling for major pay increases for workers — including truck drivers — who are on the front lines of the nation’s battle against the virus. Read more...
08 Apr Coronavirus Changing How World Feeds Itself The coronavirus pandemic is short-circuiting the intricate network of producers and suppliers needed to power the global food system. Read more...
08 Apr Amazon Stock Stability Turns Perceptions of Investor Safety Upside Down Investors are redefining what constitutes safety in the stock market as the unprecedented lockdown of the U.S. economy takes hold. Read more...
08 Apr Elaine Chao Emphasizes Need for Infrastructure, Safety Funds for Rural Areas The subject of upgrading the nation’s infrastructure is an important one for Transportation Secretary Elaine Chao, including assurance that rural areas receive equal treatment relative to metropolitan areas when funds are distributed. Read more...
08 Apr US Air Travelers Dip Below 100,000 in Worst-Ever Free Fall Almost every day over the past three weeks the number of people flying in the U.S. has reached a record low as the pandemic kept people home. But on April 7, the levels crossed a stark dividing line: fewer than 100,000 people. Read more...
08 Apr VW Considers Options for Record $3.6 Billion Dividend Volkswagen AG is considering whether to pay out a record 3.3 billion-euro ($3.6 billion) dividend as planned, or use at least part of it to shore up its finances for what is shaping up to be the biggest economic crisis since World War II. Read more...
08 Apr Trucking Companies Backed by Efforts From Partners From insurance to the digital freight marketplace to telematics, trucking companies are supported by business partners as they navigate the coronavirus outbreak. Read more...
08 Apr Coronavirus Spurs New Incentives for Drivers Motor carriers are developing incentive plans to provide drivers with bonuses and financial support as they serve on the front lines of the country’s battle against COVID-19. Read more...
08 Apr Tesla Plans No-Pay Furloughs, Salary Cuts While Plants Idled Tesla Inc. will furlough noncritical employees without pay and temporarily cut executive salaries as much as 30% to conserve cash while the coronavirus pandemic forces the shutdown of much of its operations. Read more...
08 Apr Driver Health Becomes Paramount During Coronavirus Outbreak Trucking companies are doing a lot to keep their drivers safe and healthy even as the coronavirus pandemic has caused notable disruptions throughout the economy as the number of infected continues to climb. Read more...