Coronavirus
Trucking Cleaning & Safety Tips for Fleets During COVID-19
Truckers are vulnerable when it comes to health concerns – including the Coronavirus outbreak (COVID-19). Fleets need to ensure the safety of their drivers, staff, and facilities. Download this whitepaper for COVID-19 safety tips and cleaning guides, awareness posters, and more.
May 14, 202036 Million Have Sought US Unemployment Aid Since Virus Hit
Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.
Stocks Slide on Powell Remarks, US-China Worries
U.S. stocks slumped to a three-week low after Jerome Powell warned economic risks from the virus are significant and tensions with China flared. Treasuries and the dollar advanced.
May 13, 2020Oil Shrugs Off First Decline in US Inventories Since January
Oil fell despite the first U.S. stockpile decline since January.
Container Shipper Maersk Warns of 25% Volume Slump
The world’s largest container line is bracing for a historic slump in demand after emergency lockdowns across the globe left international trade in tatters.
FMCSA Extends HOS Emergency Declaration for Second Time
The Federal Motor Carrier Safety Administration has again extended its emergency declaration relaxing hours-of-service rules for motor carriers that are providing direct assistance in support of coronavirus-related relief efforts.
House Democrats Propose $15 Billion for State Highway Programs
The country’s transportation agencies would receive a funding boost in a coronavirus economic relief measure House Democrats unveiled May 12.
Tesla Operations Can Resume in California if Conditions Are Met
Alameda County officials said May 12 they have agreed to allow Tesla to reopen as early as next week if the auto manufacturer agrees to certain safety conditions.
Powell Warns of Possible Sustained Recession From Pandemic
Federal Reserve Chair Jerome Powell warned May 13 of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act further to prevent long-lasting economic damage.
Amazon Says Deliveries Returning to Normal After COVID-19 Crush
Amazon .com Inc. says the one- and two-day delivery times that shoppers have come to expect should gradually return in coming weeks as the online retailer catches up from a demand surge tied to the coronavirus outbreak.