Coronavirus
Consumer Confidence in US Posts Biggest Gain in 17 Years
Consumer confidence rebounded in September by the most in more than 17 years as Americans grew more upbeat about the outlook for the economy and job market, though sentiment remained below pre-pandemic levels.
Supply Chain Workers Play Essential Role in Coronavirus Response
Employees at Northwell Health’s 85,000-square-foot distribution center often joined together to watch the success stories as COVID-19 patients left Northwell’s hospitals, with many workers getting tearful as they realized the critical role they were playing in the health care supply chain.
Fleets Operating in Health Care Sector Adjust to Surge in Demand Amid Pandemic
When the COVID-19 outbreak first hit, fleets serving the health care industry responded to sudden shifts in demand while also implementing new safety protocols to protect their drivers and customers.
Trump Announces Shipping of Millions of Rapid Tests for States
President Donald Trump announced plans to distribute millions of Abbott Laboratories’ 15-minute COVID-19 test in the coming weeks, a move aimed at expanding access and helping reopen schools that are seen as key to getting parents back to work.
Pelosi Says White House Has to Offer More on Stimulus
House Speaker Nancy Pelosi said the White House will have to agree to “much more” spending for a fresh round of stimulus if there is any hope of striking a deal before the election.
Chicago E-Commerce Startup ShipBob Lands $68 Million for Rapid Expansion
ShipBob, a Chicago-based e-commerce logistics company, raised $68 million to fund an expansion amid a pandemic-fueled boom in online shopping.
Oil Dips in Wake of Renewed Concerns Over Virus Surge
Oil fell amid growing concerns that another wave of the coronavirus pandemic will lead to tighter lockdown measures and further stifle crude demand.
Trucking’s Trade Shows Go Virtual
With the human and economic costs of the COVID-19 pandemic weighing heavily on the country and the world, 2020 has been anything but a normal year for the commercial transportation industry.
Staying Ahead of COVID-19
Trucking companies are turning to new software applications to help mitigate employees’ fears about contracting COVID-19 while on the job.
Durable Goods Orders Slow While Business Investment Remains Sturdy
U.S. orders for durable goods increased in August at a slower pace than expected, restrained by declines in bookings for motor vehicles and military equipment, though a gauge of business investment rose more than forecast.