Coronavirus
Perspective: Leading in an Unprecedented Year
Last year, when I accepted my peers’ support to become the 75th chairman of American Trucking Associations, I had no idea what would be in store for me.
September Tonnage Down Year-Over-Year, but Rebounds After August Decline
Truck tonnage in September declined a seasonally adjusted 2.7% when compared with year-ago levels, marking the sixth consecutive month of year-over-year declines, American Trucking Associations said Oct. 20.
Oil Slips With Renewed Virus Restrictions Sapping Rebound
Oil slipped as nations reimposed tighter lockdown restrictions in hopes of containing a resurgent pandemic that is depressing demand.
RK Logistics Accelerates Silicon Valley Expansion Plans
RK Logistics Group is accelerating its expansion into Silicon Valley with new facilities, company leadership detailed Oct. 19.
October 20, 2020Stimulus Nears Election Endgame on Pelosi Deadline, Senate Vote
After months of on-again, off-again talks on an increasingly needed fiscal-stimulus package, Oct. 20 is shaping up as a do-or-die moment for Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi to get a virus relief deal done in time for Election Day.
US Air Passengers Exceed 1 Million for First Time Since March
The virus-ravaged airline industry reached a milestone Oct. 18, carrying more than 1 million passengers for the first time in seven months.
Pelosi, Mnuchin to Talk Fiscal Stimulus Again
Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi will hold a call the afternoon of Oct. 19 on a fiscal-stimulus package, a day before Pelosi’s deadline for a pre-election package expires.
COVID-19 Relief Bill on Senate Floor Week of Oct.19, McConnell Says
An emergency funding measure aimed at small businesses and sectors affected by the pandemic is expected to reach the floor of the U.S. Senate the week of Oct. 19, the chamber’s leader recently indicated.
US Oil Production Has Already Passed Its Peak, Occidental Says
America’s oil production will never again reach the record 13 million barrels a day set earlier this year, just before the pandemic devastated global demand, according to Occidental Petroleum Corp.
Stimulus Chances Fading as Mnuchin Cites Political Reality
The chances for a preelection stimulus for the U.S. economy from Congress are all but over, with Treasury Secretary Steven Mnuchin on Oct. 14 pointing to political dynamics undermining the monthslong negotiations.