Business

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.

Medium-duty sales in February posted a 5% gain as the two lighter segments offset weakness in the heavier two, WardsAuto.com reported.

UPS Inc. is joining a Trump administration effort to bring mobile coronavirus testing to several U.S. cities, the company announced March 16.

Kroger CEO Rodney 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.

While truck drivers are out delivering freight to restock bare shelves or deliver medicines and other vital goods, commercial vehicle manufacturers, dealers and suppliers in the midst of the coronavirus pandemic are focused on keeping their employees healthy and ensuring services, equipment and components remain available to fleets.

The duration of a temporary ban on nonessential travel between the United States and Canada could be a month, President Donald Trump told reporters at the White House on March 18.

General Motors Co., Ford Motor Co. and Fiat Chrysler Automobiles NV will partially shut down their U.S. plants on a rotating basis in an effort to contain the spread of the coronavirus.

After some confusion, the Alameda County Sheriff’s Department in California said March 17 the car plant was not “essential,” and like most other businesses must shut down under the county’s shelter-in-place order that took effect March 17.

The port of Fuzhou in eastern China is restricting vessels arriving from nine countries including the U.S. and Singapore in efforts to limit the spread of coronavirus by visiting ships and their crew.

Meritor Inc. announced the distribution agreement between the company and a subsidiary of Wabco Holdings Inc. was terminated effective March 13.