Coronavirus
Diesel Falls 8.1¢ to $2.733 a Gallon; Gasoline Drops 12.7¢
The nationwide average price of diesel fuel declined by 8 cents per gallon March 16, according to the U.S. Energy Information Administration.
Stocks Plunge 12% in Biggest Rout Since 1987
The stomach-turning ride on global financial markets took a dramatic turn March 16, with U.S. stocks plunging the most since 1987 after President Donald Trump warned the economic disruption from the virus could last into summer.
March 16, 2020Amazon to Hire 100,000 to Help Meet Coronavirus-Related Order Spike
Amazon .com will hire 100,000 people — and give U.S. workers a $2-an-hour raise — in an effort to meet crushing demand from customers placing online orders for household essentials rather than going to crowded stores.
Canada to Close Border Except for US Citizens, Commerce
Canada is closing its borders to anyone who is not a citizen or a permanent resident amid the coronavirus pandemic, Prime Minister Justin Trudeau announced March 16. However, the declaration does not affect the shipment of goods into the country, and for now, U.S. citizens.
Oil Supertankers Fetch Astronomical Rates With Vessels Scarce
Oil companies are being forced to pay exorbitant prices for oil tankers as shipowners book vessels for storage and Saudi Arabia snaps up ships as it prepares to flood the market with crude.
Some Fiat Chrysler Workers Walk Out Over COVID-19 Fears
Seventeen Fiat Chrysler Automobiles NV employees in the Warren Truck Assembly Plant’s paint shop stopped working over concerns about the novel coronavirus pandemic, though production continues, the automaker confirmed March 16.
Coronavirus Prompts Some State Groups to Postpone Truck Driving Championships
As they evaluate the implications of the coronavirus, some state trucking associations have adjusted the schedules of their truck driving championships.
House Republicans Explore Aid for Airports, Loans to Airlines
House Republicans say they are exploring a range of proposals — from loans to grants for cleaning airports — to help the aviation industry staggering under the weight of the coronavirus outbreak.
House Transportation Leader Urges Trump to Work With Congress
President Donald Trump invokes the Stafford Act, which allows the Federal Emergency Management Agency to coordinate a national response to the coronavirus pandemic. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
Alaska’s First COVID-19 Patient Is a Cargo Plane Pilot
A cargo pilot who arrived at Anchorage’s international airport on March 11 went to a hotel before he became ill, an airport official said March 13.