Business

Investors are redefining what constitutes safety in the stock market as the unprecedented lockdown of the U.S. economy takes hold.

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.

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.

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.

From insurance to the digital freight marketplace to telematics, trucking companies are supported by business partners as they navigate the coronavirus outbreak.

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.

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.

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.

The U.S awarded General Motors Co. and its partner Ventec Life Systems a $489.4 million contract to make 30,000 ventilators by the end of August, finalizing a deal that briefly was a point of contention for President Donald Trump.

Activity at ports tracked by the Global Port Tracker fell in February to the lowest level in five years.