Government, Business, Fuel

Oil Falls on Growing Chorus of Warnings About Demand Recovery

A pump jack operates near Stratford, Texas, on Sept. 26. A pump jack operates near Stratford, Texas, on Sept. 26. (Angus Mordant/Bloomberg News)

Oil in New York plunged below a key technical level for the first time since June as concerns over progress on another round of U.S. fiscal stimulus compounded growing fears that a sustained recovery in demand is still some way off.

Andres Guerra Luz | Bloomberg News
September 29, 2020
Government, Business

Pelosi, Mnuchin Resume Pivotal Talks on New Stimulus for Economy

House Speaker Nancy Pelosi speaks during a news conference Sept. 24. House Speaker Nancy Pelosi speaks during a news conference Sept. 24. (Jose Luis Magana/Associated Press)

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on Sept. 29 discussed the latest Democratic stimulus proposal in talks that will determine whether another coronavirus relief package gets enacted before the election.

Erik Wasson and Billy House | Bloomberg News
September 29, 2020
Government, Business

Consumer Confidence in US Posts Biggest Gain in 17 Years

Consumer confidence rose dramatically in September. (Michael Nagle/Bloomberg News)

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.

Jarrell Dillard | Bloomberg News
September 29, 2020
Business, Technology, Safety, Logistics

Supply Chain Workers Play Essential Role in Coronavirus Response

Northwell Health distribution center Northwell Health distributes medical supplies across its network of hospitals from its facility in Bethpage, N.Y. (Northwell Health)

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.

Mindy Long | Special to Transport Topics
September 29, 2020
Business, Technology, Safety, Logistics, Top 100

Fleets Operating in Health Care Sector Adjust to Surge in Demand Amid Pandemic

Northwell Health distribution center Logistics workers in the health care field have adjusted to dramatic shifts in demand during the coronavirus pandemic. (Northwell Health)

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.

Mindy Long | Special to Transport Topics
September 29, 2020
Government, Safety, Logistics

Trump Announces Shipping of Millions of Rapid Tests for States

President Trump speaks about coronavirus testing during an event in the Rose Garden. President Trump speaks about coronavirus testing during an event in the Rose Garden of the White House on Sept. 28 (Evan Vucci/Associated Press)

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.

September 28, 2020
Government, Business

Pelosi Says White House Has to Offer More on Stimulus

U.S. House Speaker Nancy Pelosi speaks during a television interview on Capitol Hill on Sept. 28. U.S. House Speaker Nancy Pelosi speaks during a television interview on Capitol Hill on Sept. 28. (Sarah Silbiger/Bloomberg News)

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.

Billy House | Bloomberg News
September 28, 2020
Business, Technology, Logistics, TCA

Chicago E-Commerce Startup ShipBob Lands $68 Million for Rapid Expansion

Syrina Franklin, an order fulfillment associate at ShipBob, picks products for an order. Syrina Franklin, an order fulfillment associate at ShipBob, picks products for an order at the company's fulfillment center in Cicero, Ill., in September 2018. (Terrence Antonio James/Chicago Tribune)

ShipBob, a Chicago-based e-commerce logistics company, raised $68 million to fund an expansion amid a pandemic-fueled boom in online shopping.

Lauren Zumbach | Chicago Tribune
September 28, 2020
Government, Business, Fuel

Oil Dips in Wake of Renewed Concerns Over Virus Surge

Pipework and towers at an oil refinery in Poland. Pipework and towers at an oil refinery in Poland. (Bloomberg News)

Oil fell amid growing concerns that another wave of the coronavirus pandemic will lead to tighter lockdown measures and further stifle crude demand.

September 25, 2020
Business, Technology

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.

Seth Clevenger | Managing Editor, Features
September 25, 2020

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