18 Mar Senate Clears Second Coronavirus Emergency Bill The Senate on March 18 cleared for President Donald Trump a multibillion-dollar aid package targeting individuals affected by the coronavirus disease, known as COVID-19. Read more...
18 Mar Multiple Hits to Economy Likely to Trigger Recession, Analysis Shows The U.S. economy amid the COVID-19 crisis is suffering under the weight of multiple factors, including lower consumer spending, falling business investment and global travel bans, according to a report from S&P Global Economics. Read more...
18 Mar Oil Floating-Storage Trade Is a Go After Crude’s Latest Tumble The latest collapse in oil prices has put in play a lucrative trade to store crude at sea, reviving memories of the 2008-09 recession when millions of barrels were kept on the world’s oceans. Read more...
18 Mar DHL Highlights Top Trends for Packaging The biggest emerging trends in packaging are stemming from e-commerce, customer interaction, the in-store experience and sustainability, according to DHL Supply Chain. Read more...
18 Mar Averitt Announces New Safety, Efficiency Initiatives Averitt Express in a pair of news releases has announced initiatives aimed at improving the safety of its drivers and the efficiency of its deliveries. Read more...
18 Mar Treasury Proposes Delivering $500B to Americans Starting April The Treasury Department said March 18 it wants to dedicate $500 billion to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy as the coronavirus epidemic threatens a body slam to taxpayers and businesses. Read more...
18 Mar Medium-Duty Market Creeps Higher on Mixed Sales Medium-duty sales in February posted a 5% gain as the two lighter segments offset weakness in the heavier two, WardsAuto.com reported. Read more...
18 Mar UPS Helping With Coronavirus Testing Sites UPS Inc. is joining a Trump administration effort to bring mobile coronavirus testing to several U.S. cities, the company announced March 16. Read more...
18 Mar How Truck Stops Are Serving Truckers While Keeping Them Safe The nation's truck stop chains and travel centers are working hard to remain open and serve drivers during the coronavirus crisis, while also taking steps to ensure safety. Here's a rundown of what they are doing. Read more...
18 Mar Kroger CEO: ‘There’s Plenty of Food in the Supply Chain’ McMullen urges the public to remember that the grocery business deals in perishable goods and is set up to constantly ship and refill store shelves. Read more...