WASHINGTON — President Donald Trump on March 13 declared the coronavirus pandemic a national emergency, as Washington struggles with providing Americans with relief and officials race to slow the spread of the outbreak.
March 13, 2020Coronavirus
Texas Shale Heartland Rattled by Coronavirus, Oil Price War
Just a week ago, when crude oil prices fell to $46 a barrel, the mayor of the biggest city in the world’s largest shale oil patch seemed oddly calm, almost relieved.
March 13, 2020Trucking Not Immune From Worries Over COVID-19
For fleets, COVID-19 portends worse news in a freight market that already was slowing, executives said, as businesses urge their staff to work from home and consumers withdraw from daily activities.
March 12, 2020Stocks Sink in Worst Day Since 1987

U.S. stocks tumbled, with benchmark gauges posting their worst drop since 1987, as investors signaled the Federal Reserve’s extraordinary bond-buying measures, and President Donald Trump’s economic proposals, won’t be enough to counter the economic impact from the coronavirus.
March 12, 2020Coronavirus Concerns Force Cancellation of Mid-America Trucking Show

Due to concerns over the impact of the coronavirus pandemic, officials with the Mid-America Trucking Show announced on March 12 the show scheduled for March 26-28 in Louisville has been canceled.
March 12, 2020Fed to Buy a Range of Treasury Bonds to Try to Ease Jitters
WASHINGTON — The Federal Reserve will sharply increase its purchases of short-term U.S. Treasury bonds to try to ease anxiety and disruptions in the financial markets over the coronavirus outbreak.
March 12, 2020BMW Fourth-Quarter Profit Increases on Luxury-Car Sales

BMW AG finished 2019 with an increase in automotive profit on rising luxury-car sales as the German manufacturer faces a year mired in concerns over the coronavirus outbreak that threatens to shut down global supply chains.
March 12, 2020China Auto Sales Plunge in February

BEIJING — China’s auto sales plunged 81.7% in February from a year ago after much of the economy was shut down to fight a virus outbreak, an industry group reported March 12.
March 12, 2020Washington Trucking Community Proceeds With Caution Amid Coronavirus Outbreak

Sheri Call, executive vice president of Washington Trucking Associations, said her members are experiencing a slowdown because of COVID-19’s impact on trade with China.
March 12, 2020Trading Halted After Stocks Plunge 7% at Open

NEW YORK— The S&P 500 dropped about 7% within the first few minutes of trading March 12, steep enough to trigger an automatic halt to trading on the New York Stock Exchange.
March 12, 2020