Market Gets Harsh Reminder That COVID Is Its Elemental Risk
In 24 hours, investors have learned the jobless rate dropped, Tesla Inc. built more cars than forecast and that someone is back making huge options trades in tech megacaps. None of it mattered in markets captivated by news that not even the White House is safe from COVID-19.
October 2, 2020House Panel Advances FEMA Relief Bill
Legislation that would adjust the cost share of federal disaster assistance recently was approved by the House transportation committee.
October 2, 2020Pelosi Optimistic on Relief, Says Trump’s Illness Alters Dynamic
House Speaker Nancy Pelosi said negotiations on a new stimulus with the White House will press ahead and President Donald Trump’s COVID-19 diagnosis might change the tenor of the talks by emphasizing the seriousness of the pandemic.
October 2, 2020PennDOT Extends Expiration Dates for Commercial Licenses, Permits
As a response to statewide efforts to combat COVID-19, the Pennsylvania Department of Transportation has extended expiration dates pertaining to commercial driver licenses.
October 2, 2020US Jobs Rise Less Than Forecast as Economic Rebound Downshifts
U.S. job gains slowed in September and many Americans quit looking for work, suggesting the economic recovery is downshifting as the country struggles without a COVID-19 vaccine or fresh government aid.
October 2, 2020DOT’s Transportation Self-Governance Program for Tribes Takes Effect
The U.S. Department of Transportation’s Tribal Transportation Self-Governance Program has officially taken effect.
October 1, 2020Shipping Industry Hit With Second Cyberattack in Week
The global shipping industry sustained a second cyberattack within a week that’s raising concern about disruptions to supply chains already straining to move goods heading into the usual peak season for consumer demand.
October 1, 2020NHTSA Data Shows Slight Increase in Large-Truck Occupant Fatalities
The number of large-truck occupants who died in traffic crashes rose slightly in 2019, while overall traffic fatalities declined, according to NHTSA.
October 1, 2020US Traffic Deaths Fell 2% in 2019 for Third Straight Yearly Drop
Traffic deaths in the U.S. fell for the third consecutive year in 2019, the government’s road safety agency reported.
October 1, 2020FAST Act’s Yearlong Extension Signed Into Law
The law governing the country’s transportation operations was extended for a year after President Donald Trump’s recent signing of a temporary funding measure that averts a shutdown of the federal government.
October 1, 2020