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Government, Business

Chinese Plants Ramp Up Again as Rest of World Reels

Employees work on an assembly line at a Dongfeng Honda plant in Wuhan, China,  on March 23. Employees work on an assembly line at a Dongfeng Honda plant in Wuhan, China, on March 23. (STR/AFP/Getty Images)

While much of the world’s output is grinding to a halt because of the coronavirus, China is slowly emerging from its shutdowns by restarting production at factories and resuming some flights.

March 25, 2020
Government, Business, Safety

Canada Issues HOS Exemption for Coronavirus Relief

Truck on Canadian highway A truck hauling cargo down a highway in Canmore, Alberta. (Getty Images)

Canadian government officials approved an exemption to allow hours-of-service relief to truck drivers who are engaged in coronavirus-related relief assistance efforts.

Eleanor Lamb | Staff Reporter
March 25, 2020
Government, Business

Trump Points to Potential for Resuming Daily Operations by Easter

U.S. President Donald Trump Donald Trump by Andrew Harrer/Bloomberg News

With Congress seeking to help stabilize the economy by advancing a $2 trillion rescue measure this week, President Donald Trump suggested a significant portion of the country’s operations, such as freight and passenger transportation networks, could resume as early as Easter, which falls on April 12 this year.

Eugene Mulero | Senior Reporter
March 25, 2020
Government, Business

Airline Bailout Combines Loans With Cash-for-Equity Assistance

A Boeing 757-232 aircraft operated by Delta Air Lines taxis past Southwest Airlines planes in Victorville, Calif., on March 23. A Boeing 757-232 aircraft operated by Delta Air Lines taxis past Southwest Airlines planes in Victorville, Calif., on March 23. (Patrick T. Fallon/Bloomberg News)

Struggling U.S. airlines will be eligible to receive federal loans and, if they are willing to give an option for an ownership stake to the government, direct cash assistance under the coronavirus rescue deal reached by lawmakers and the White House, according to three people familiar with the matter.

March 25, 2020
Government, Business, Fuel

Falling Oil Prices May Stem Demand for Trucks, Experts Warn

oil tank truck Christina Mendenhall/Bloomberg News

The rapid plunge in oil prices could cut into sales of both tractors and liquid tank trailers as well as the trucks that haul fossil fuel extraction equipment, experts said.

Jerry Hirsch | Contributing Writer
March 25, 2020
Business, Logistics, TCA

With Rush Hour Traffic Gone, Truck Drivers Speed Deliveries

(5m3photos/Getty Images) (5m3photos/Getty Images)

Truck drivers have faced a number of hurdles in the wake of the COVID-19 pandemic. But lately, traffic hasn’t been one of them.

Eric Anderson | Times Union (Albany, N.Y.)
March 25, 2020
Government, Business

White House, Senate Strike Deal on $2 Trillion Stimulus Package

U.S. Treasury Secretary Steve Mnuchin (blue tie) and White House Chief of Staff Mark Meadows (red tie) speak to media in the U.S. Capitol on March 24. U.S. Treasury Secretary Steve Mnuchin (blue tie) and White House Chief of Staff Mark Meadows (red tie) speak to media in the U.S. Capitol on March 24. (Sarah Silbiger/Bloomberg News)

The Trump administration struck a deal with Senate Democrats and Republicans on an historic rescue package with more than $2 trillion in spending and tax breaks to bolster the hobbled U.S. economy and fund a nationwide effort to stem the coronavirus.

March 25, 2020
Business, Equipment

US Equipment Orders Fell More Than Forecast in February

(Luke MacGregor/Bloomberg News) (Luke MacGregor/Bloomberg News)

U.S. factories received fewer orders for business equipment than forecast in February, just before the coronavirus-related demand shock that will likely lead a massive pullback in corporate investment.

Vince Golle | Bloomberg News
March 25, 2020
Government, Business, Fuel

ATA, Fuel Marketers Seek EPA Waiver of Summer Fuels Requirements

fuel pump Thinkstock

Concerned over potential fuel shortages, American Trucking Associations and several other fuel marketing associations have sent letters to the Environmental Protection Agency seeking a waiver of summer gasoline sale requirements.

Eric Miller | Senior Reporter
March 24, 2020
Government, Business

Dow Has Best Day Since 1933 as Congress Nears Deal

The floor of the New York Stock Exchange is unoccupied on March 24 for the first time in 228 years as a result of COVID-19 concerns. The floor of the New York Stock Exchange is unoccupied for the first time in 228 years on March 24 as a result of COVID-19 concerns. (Kearney Ferguson/NYSE via AP)

The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal March 24 to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus.

Stan Choe and Damian J. Troise | Associated Press
March 24, 2020

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