Business

American Trucking Associations is asking the Trump administration to take specific steps that will help the trucking industry in its efforts to keep stores and medical facilities stocked with supplies as the country battles the coronavirus pandemic.

FedEx announced March 17 that year-over-year quarterly net income for its fiscal third quarter fell 57% to $315 million, compared with $739 million in the same period a year ago. But Q3 revenue rose 3% to $17.5 billion from $17 billion a year ago.

FedEx Corp. and UPS Inc. are dropping the normal signature rules for package deliveries to protect customers and workers as the coronavirus outbreak worsens.

Days after not ruling out a nationwide lockdown to mitigate the spread of the coronavirus, President Donald Trump did not specify when the country would return to a sense of normalcy.

Despite the pressure the coronavirus is putting on the economy, some transportation-related companies are hiring.

The U.S. government is coming out with new regulations aimed at changing automotive passenger safety standards that could be barriers to autonomous vehicles.

Waymo is pausing most operations in Arizona and California in response to the coronavirus outbreak, the company announced March 17.

Tesla Inc.’s factory and other California operations will remain open in spite of a San Francisco Bay Area lockdown, with Elon Musk telling employees he will keep going in to work despite the spread of the coronavirus.

Boeing Co. has asked White House and congressional officials for short-term aid for itself, suppliers and airlines as the outlook for the travel industry worsens by the day because of the coronavirus outbreak, people familiar with the matter said.

Volkswagen AG will halt production at its plants in Europe, deepening the economic pain the rapidly spreading coronavirus is inflicting on the struggling car industry.