Coronavirus
Private Carriers Have Adjusted Their Operations for the Long Haul
Our 2020 Top 100 Private Carriers list shows that the COVID-19 pandemic is reshaping private carriers in ways that will last long after the novel coronavirus subsides.
Unveiling the 2020 Top 100 Private Carriers List
Through financial and logistical challenges, the companies on this year’s Transport Topics Top 100 Private Carriers list have been finding ways to navigate this turbulent time while ensuring that shipments continue to reach their destinations.
Private Fleets Respond to Higher E-Commerce Demand
Private fleet operators have been riding a roller coaster since the onset of the coronavirus pandemic in March.
Laura’s Leftovers Move East, Leaving a Disaster in Louisiana
The remnants of Hurricane Laura unleashed heavy rain and twisters hundreds of miles inland from a path of death and mangled buildings along the Gulf Coast, and forecasters warn of new dangers as the tropical weather blows toward the Eastern Seaboard this weekend.
August 28, 2020Jobless Claims Resume Decline; Report Comes With Caveats
Applications for state U.S. unemployment benefits decreased last week following an unexpected jump, indicating the labor market’s gradual recovery is back on track as COVID-19 infections ease from a surge in the prior two months.
Laura Carves Destructive Path Through Louisiana
One of the strongest hurricanes ever to strike the U.S. pounded the Gulf Coast on Aug. 27, shearing off roofs and killing at least four people, as Laura barreled across Louisiana and maintained ferocious strength while carving a destructive path hundreds of miles inland.
August 27, 2020White House Weighs Airline Job Support in Case Stimulus Fails
White House Chief of Staff Mark Meadows said the Trump administration is examining executive actions to help airlines avoid employee furloughs should Congress fail to provide assistance in a new round of stimulus.
Durable Goods Orders Unexpectedly Accelerate in July
U.S. orders for durable goods rose in July by more than double estimates amid a continued surge in automobile demand, indicating factories will help support the economic rebound in coming months.
American Airlines Expects 19,000 Job Cuts Once Payroll Aid Ends
American Airlines Group will cut 19,000 workers once federal payroll aid expires Oct. 1, capping a 30% workforce reduction since the coronavirus pandemic began to torpedo travel demand.
US Consumer Confidence Slumps to Six-Year Low on Job Views
U.S. consumer confidence dropped in August to the lowest since 2014 as consumers soured on employment and business conditions, indicating Americans are becoming despondent amid persistently high joblessness.