23 Mar UPS Takes Steps to Slow Spread of Virus, Reaches Deal on Sick Leave With Teamsters UPS Inc. said it is taking steps to protect its employees from contracting the COVID-19 virus and that it reached an agreement with the International Brotherhood of Teamsters concerning paid-leave guidelines for unionized workers who are affected by it. Read more...
23 Mar Factories Pivot to Fight Coronavirus, But Challenges Abound Factories across industries are trying to answer the call of duty amid a pandemic that has so far claimed more than 15,000 lives and sickened 350,000 people globally. Read more...
23 Mar Postal Service, UPS, FedEx and Amazon Look to Protect Customers, Employees As the coronavirus pandemic spreads across the U.S., more people are relying on the mail and delivery services to provide them food, medicine and household items. Read more...
23 Mar Proterra Appoints Chairman Jack Allen to CEO Post Electric-transit bus manufacturer Proterra appointed current Chairman Jack Allen to CEO as it prepares to extend its technology to other vehicle segments, including last-mile delivery. Read more...
23 Mar American West Announces Acquisition of Innovative Delivery Systems American West Worldwide Express closed the acquisition of furniture delivery-service Innovative Delivery Systems, the company announced March 16. Read more...
23 Mar CVG Reports Q4 Net Loss, Lower Revenue Commercial Vehicle Group Inc., a global supplier of cab-related products and systems, earlier this month reported a fourth-quarter net loss and lower revenue as the commercial vehicle and construction markets contracted, and shortly thereafter announced the appointment of a new leader. Read more...
22 Mar FedEx’s Fred Smith: It’s Unlikely Company Will Need Federal Help FedEx Corp. CEO Fred Smith said during a television appearance that he doesn’t expect his company to seek assistance from the federal government to survive the economic downturn being caused by the spread of COVID-19. Read more...
22 Mar Truck Drivers, Logistics Personnel Deemed ‘Essential’ in Security Memo An updated guidance memo issued by the director of the Cybersecurity and Infrastructure Security Agency clearly identifies truck drivers and related logistics personnel as “essential employees” helping the nation attempt to slow the spread of the coronavirus. Read more...
22 Mar Glut of Jet Fuel Is on Brink of Overwhelming Global Storage The world is close to running out of space to store all the fuel that jets are no longer burning. Read more...
22 Mar Ports Seek Emergency Aid as Business Plummets The leadership of the Port Authority of New York and New Jersey is seeking $1.9 billion in federal assistance, joining the growing list of ports asking Washington for aid as the coronavirus wreaks havoc on business at those facilities. Read more...