16 Mar Coronavirus Prompts Some State Groups to Postpone Truck Driving Championships As they evaluate the implications of the coronavirus, some state trucking associations have adjusted the schedules of their truck driving championships. Read more...
16 Mar House Republicans Explore Aid for Airports, Loans to Airlines House Republicans say they are exploring a range of proposals — from loans to grants for cleaning airports — to help the aviation industry staggering under the weight of the coronavirus outbreak. Read more...
16 Mar House Transportation Leader Urges Trump to Work With Congress President Donald Trump invokes the Stafford Act, which allows the Federal Emergency Management Agency to coordinate a national response to the coronavirus pandemic. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill. Read more...
16 Mar Alaska’s First COVID-19 Patient Is a Cargo Plane Pilot A cargo pilot who arrived at Anchorage’s international airport on March 11 went to a hotel before he became ill, an airport official said March 13. Read more...
16 Mar Oil Slumps to Lowest Since 2016 as Demand Collapse Triggers Rout Oil’s spectacular collapse deepened as widening global efforts to fight the spread of the coronavirus looked set to trigger the most severe contraction in annual oil demand in history. Read more...
16 Mar Amazon Glitch Stymies Whole Foods, Grocery Deliveries Amazon.com Inc. suffered a technical glitch March 15 that affected online grocery orders through its Whole Foods and Amazon Fresh delivery services, which have become lifelines for household essentials for people looking to avoid stores due to the coronavirus outbreak. Read more...
16 Mar VW Faces Production Snarls as Virus Pandemic Hits Car Factories Volkswagen AG’s sprawling operations in Europe are starting to feel the effects of the coronavirus pandemic, as the German carmaker joined peers such as Fiat Chrysler Automobiles NV in winding down output at some of its factories. Read more...
16 Mar Amazon Warns of Delivery Delays as Coronavirus Elevates Demand Online retail giant Amazon.com Inc. is warning its customers may see some delivery delays, and some items could be out of stock as the impact from the coronavirus spreads across the country. The company says the increase in people buying things online is having an effect on how it serves its customers. Read more...
15 Mar Stock Futures Tumble Despite Fed Interest Rate Cut to Near Zero U.S. stock futures tumbled, wiping out half of the furious last-hour rally March 13 and tripping exchange trading curbs, as investors worried that emergency measures by the Federal Reserve will fall short of cushioning the coronavirus’ blows to the economy. Read more...
15 Mar Economists Eye Possible Recession Caused by Coronavirus Economists and other experts who watch the U.S. economy on a minute-by-minute basis are now suggesting, some loudly, that the nation is lurching towards a recession, as the coronavirus damages the economy. Read more...