Coronavirus
Vaccine Cargo Cavalry Sizes Up Readiness of Historic Airlift
The medical industry’s dash to produce the world’s first coronavirus vaccines in just a few months is heightening the urgency for the workhorses of global trade to be ready for the historic charge to defeat the disease.
Nearly 1,000 Boeing Plane Orders Are Lost or in Doubt
Boeing Co. is nearing 1,000 scrapped or impaired jetliner orders this year, failing to notch any sales in September, as the long 737 Max grounding and the coronavirus pandemic extended their toll.
Trucking Industry Economy Outpaces US Economy as Capacity Tightens
Trucking is providing one of the few bright spots to the flagging U.S. economy as tight capacity and a driver shortage push contract and spot rates higher across vans, flatbeds and refrigerated trucks.
Trump, Republicans Divided on Stimulus as Pelosi Demands Revamp
Prospects for U.S. fiscal stimulus before Election Day dimmed on Oct. 13, with House Speaker Nancy Pelosi demanding the White House revamp its latest offer and Senate Republican leader Mitch McConnell pushing a smaller-scale strategy that Pelosi quickly rejected.
E-Commerce Spike Likely to Outlast COVID-19 Pandemic, Experts Say
COVID-19 has accelerated the growth of e-commerce, a trajectory that could have significant implications for the trucking sector even after the pandemic passes.
Adapting to the Virtual Environment
Societal changes — accelerated by technology and the ongoing COVID-19 crisis — are transforming the way fleets specify and operate equipment in both intentional and unintended ways.
Executives See Bright Future for Savvy Fleets
Three trucking executives said they remain enthusiastic about the future of their businesses after technology helped them weather the onset of the coronavirus pandemic. Watch the video from the TT/CQ Roll Call Symposium.
Pelosi Says No Action on Airline Aid Without Bigger Stimulus
House Speaker Nancy Pelosi said Oct. 8 there could be no action on a stand-alone bill to aid airlines or any other sector of the economy without an agreement with the White House and Republicans on a broader economic stimulus package.
October 8, 2020US Layoffs Remain Elevated as 840,000 Seek Jobless Aid
The number of Americans seeking unemployment benefits fell slightly last week to a still-high 840,000, evidence that job cuts remain elevated seven months into the pandemic recession.
Trucker Pay Increasing as Driver Shortage Grows, Industry Capacity Tightens
As capacity tightens in the trucking industry, some carriers are beginning to announce pay hikes, and some industry watchers would not be surprised to see more hikes.