Coronavirus
Coca-Cola to Lay Off 2,200 Workers as it Pares Brands
The Coca-Cola Co. said Dec. 17 it’s laying off 2,200 workers, or 17% of its global workforce, as part of a larger restructuring aimed at paring down its business units and brands.
FDA Advisers Back Authorization of Moderna’s COVID Vaccine
Moderna Inc.’s COVID-19 vaccine won backing from a panel of experts who advise U.S. regulators, setting the stage for its shot to be the second vaccine cleared in the U.S. in as many weeks.
Strong Freight Rates Drive Up Demand for Leased Trucks
The strong freight rates experienced by the transportation industry are driving an increase in truck leasing.
US Jobless Claims Rise to 885,000 Amid Resurgence of Virus
The number of Americans applying for unemployment benefits rose again last week to 885,000, the highest weekly total since September.
COVID Drives Trucking Industry Consolidation
The economic fallout from the impact of the coronavirus pandemic has prompted a number of carriers to consolidate.
First Hiccups Seen in US Push to Deliver COVID-19 Vaccine
The first hiccups in the distribution of a COVID-19 vaccine in the U.S. included a holdup in delivering 3,900 shots to two states and the announcement that Pfizer Inc. would deliver almost a million fewer doses next week than are set to ship this week.
December 16, 2020Negotiators Near Agreement on Long-Delayed COVID-19 Aid Bill
Top congressional leaders are closing in on an agreement on a long-delayed COVID-19 relief package, hoping to seal a deal as early as Dec. 16.
Drones Could Help Bridge the Economic, Social Divides for Vaccine Distribution
The challenge of ensuring equitable distribution of the coronavirus vaccine is one of global scale, and the city of Miami provides a backdrop for the social and economic divides that the medical community must overcome.
Retail Sales Fall 1.1% in November for Biggest Drop in Seven Months
Retail sales fell 1.1% in November, the biggest drop in seven months, as Americans held back on spending at the start of the holiday shopping season.
Trucking Seeks Liability Protections as Congress Debates New COVID-19 Aid
As lawmakers work on legislation that will provide additional relief funds to the transportation sector, the trucking industry is asking Congress to include provisions that ensure liability protection for motor carriers on the front lines of the coronavirus relief effort.