21 Mar Walmart Plans 150,000 New Hires, Virus Testing Sites Walmart Inc. is hiring 150,000 temporary workers and readying its parking lots for coronavirus tests as the world’s largest retailer girds itself to deal with the unprecedented challenges of the fast-spreading outbreak. Read more...
20 Mar Dow Drops More Than 900 Points, Ending Worst Week Since 2008 Stocks sank to their worst week since the financial crisis of 2008 as traders went into full retreat out of fear that the coronavirus will plunge the U.S. and other major economies into deep recessions. Read more...
20 Mar Transportation Leaders Call on White House for Help in Coronavirus Fight The leaders of American Trucking Associations, FedEx Corp., UPS Inc. and the U.S. Postal Service are asking the White House to ensure that measures taken by federal, state and local governments to slow the spread of the coronavirus do not hinder their efforts to deliver needed goods to citizens. Read more...
20 Mar States Suspend Weight Limits for Trucks Involved in Coronavirus Relief Officials in multiple states have lifted restrictions on truck weight limits to allow delivery vehicles involved in emergency relief efforts to accommodate more freight during the coronavirus pandemic. Read more...
20 Mar With Drop in Passengers, American Airlines Starts Cargo-Only Flights To “help keep business moving” during an unprecedented drop in demand because of the COVID-19 pandemic, the Fort Worth, Texas-based airline is sending cargo-only loads to Europe with mail, medical supplies, electronics and e-commerce packages. Read more...
20 Mar XPO Backs Away From Possible Sale, Spinoffs of Units XPO Logistics Inc. said the current economic environment has compelled it to step back from earlier plans to explore the sale or spinoff of some of its assets. Read more...
20 Mar NTSB Blames Drivers, Tesla, Lax Regulations in Florida Crash The National Transportation Safety Board says two drivers, Tesla and lax regulation of new partially automated driving systems are to blame for a fatal 2019 crash in Florida involving a Tesla on Autopilot. Read more...
20 Mar Truckers Haul Supplies While Coronavirus Keeps Many at Home The truckers who haul toilet paper, hand sanitizer and ground beef to retail shelves across the country have their work cut out for them as stores try to rebound from the panic buying that has characterized the coronavirus crisis. Read more...
20 Mar Automakers Seek Assistance After Trump Says He’ll Help Industry Automakers and parts suppliers both asked lawmakers for stimulus measures to help the U.S. car industry cope with the coronavirus, with President Donald Trump signaling he’s willing to assist the sector. Read more...
20 Mar US-Mexico Border to Close; Trade Will Keep Moving Following similar action along the Canadian border, the White House has closed the United States’ border with Mexico to nonessential traffic, but is exempting trade and commerce from the ban. Read more...