Elaine Chao, Jim Mullen Honor Truckers, Update Industry Stakeholders
Federal transportation leaders thanked members of the trucking industry and updated them on recent regulatory actions during a conference call March 25.
March 26, 2020Trucking Adapts to Spike in Consumer Demand
Trucking is handling increased demand and awaits a potential surge of pent-up activity because of the coronavirus, but what that means for the industry long term remains an open question.
March 26, 2020Italy Shuts Most Factories to Halt Virus
Italy has become the first western developed nation to idle most of its industry to halt the spread of the coronavirus, in a potential cautionary tale for other governments that are resisting such drastic measures.
March 26, 2020World Trade Sees Worst Downturn in Generation
The global economy’s most abrupt and consequential shock in at least a generation is unfolding at ports and other hubs of international commerce as the U.S. and Europe struggle to contain the coronavirus pandemic.
March 26, 2020Senate OKs Historic $2.2 Trillion Coronavirus Rescue Package
WASHINGTON — The Senate late March 25 passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic that has killed more than 1,000 Americans. Following the unanimous vote, the bill now moves to the House.
March 26, 2020Oil Market Fears US Running Out of Storage Space
The U.S. oil market is displaying worries that stockpiles are going to run out of storage space, with futures being whipsawed as a growing glut counters economic stimulus measures.
March 25, 2020CVSA Postpones Roadcheck Due to Coronavirus Crisis
This year’s International Roadcheck, originally set for May 5-7, has been postponed due to coronavirus concerns.
March 25, 2020Chinese Plants Ramp Up Again as Rest of World Reels
While much of the world’s output is grinding to a halt because of the coronavirus, China is slowly emerging from its shutdowns by restarting production at factories and resuming some flights.
March 25, 2020Canada Issues HOS Exemption for Coronavirus Relief
Canadian government officials approved an exemption to allow hours-of-service relief to truck drivers who are engaged in coronavirus-related relief assistance efforts.
March 25, 2020Trump Points to Potential for Resuming Daily Operations by Easter
With Congress seeking to help stabilize the economy by advancing a $2 trillion rescue measure this week, President Donald Trump suggested a significant portion of the country’s operations, such as freight and passenger transportation networks, could resume as early as Easter, which falls on April 12 this year.
March 25, 2020