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, 2020Business
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Government, Business
Employees work on an assembly line at a Dongfeng Honda plant in Wuhan, China, on March 23. (STR/AFP/Getty Images)
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. (STR/AFP/Getty Images)
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Government, Business, Safety
A truck hauling cargo down a highway in Canmore, Alberta. (Getty Images)
Canada Issues HOS Exemption for Coronavirus Relief
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.
March 25, 2020
Government, Business
Donald Trump by Andrew Harrer/Bloomberg News
Trump Points to Potential for Resuming Daily Operations by Easter
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.
March 25, 2020
Government, Business
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)
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. (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
Christina Mendenhall/Bloomberg News
Falling Oil Prices May Stem Demand for Trucks, Experts Warn
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.
March 25, 2020
Business, Logistics, TCA
(5m3photos/Getty Images)
With Rush Hour Traffic Gone, Truck Drivers Speed Deliveries
(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.
March 25, 2020
Government, Business
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)
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. (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
(Luke MacGregor/Bloomberg News)
US Equipment Orders Fell More Than Forecast in February
(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.
March 25, 2020
Government, Business, Fuel
Thinkstock
ATA, Fuel Marketers Seek EPA Waiver of Summer Fuels Requirements
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.
March 24, 2020
Government, Business
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)
Dow Has Best Day Since 1933 as Congress Nears Deal
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.
March 24, 2020Pages
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