As Coronavirus Spreads, Global Demand for Oil Lessens, Prices Fall
NEW YORK — With the coronavirus outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further.
March 2, 2020First Negative US Yields Get Closer Amid Virus Fallout Fears
The swirl of fresh coronavirus cases and growing risks to the global economy have some seasoned market strategists warning that U.S. growth could come to a halt this year and some Treasury yields may drop below zero for the first time.
March 2, 2020Massachusetts Transportation Funding Plan Would Increase Gas Taxes
BOSTON — Fees for ride-hailing services and a 5-cents-per-gallon hike in the state’s gas tax are the heart of a plan floated by Democrats in the House of Representatives to pay for upgrades to roads, bridges and public transit.
March 2, 2020Editorial: TMC Theme Was New Tech, Skilled Professionals Are Propelling Trucking Forward
While new technology is driving trucking forward, the industry still needs the expertise of service professionals to keep tomorrow’s equipment running smoothly.
March 2, 20202020 TMC
Transport Topics' video coverage of the 2020 Technology & Maintenance Council in Atlanta.
February 28, 2020FHWA Distributes $653 Million for Emergency Infrastructure Repairs
The Federal Highway Administration is awarding $653.2 million in emergency relief funds to assist states and territories that have experienced infrastructure damage.
February 28, 2020Trump Stresses Travel Precautions, Anticipates Market Rebound
President Donald Trump stressed public safety is his administration’s priority as it addresses growing concerns with the spread of the coronavirus. Trump also told reporters at the White House Feb. 29 he believed markets would rebound after experiencing recent record lows.
February 28, 2020Apple’s Tim Cook Sees Minor Supply Chain Changes in Wake of Virus
Apple Inc. Chief Executive Officer Tim Cook suggested the iPhone maker wouldn’t make any quick moves out of China in light of interruptions due to the coronavirus and called the situation a “temporary condition.”
February 28, 2020Alabama Warehouse Expected to Increase Use of Inland Port, Reduce Truck Traffic
A new 30,375-square-foot storage warehouse at the Mallard-Fox Creek Port facility in Decatur, Ala., is expected to increase the use of the port and ease truck traffic on area highways, officials said.
February 28, 2020Oil Plummets in Worst Week Since 2008 Amid Coronavirus Panic
Oil plunged to the lowest level in 14 months as panic from the fast-spreading coronavirus spiraled global markets deeper into losses for the seventh straight day.
February 28, 2020