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, 2020Coronavirus
Government, Business, Technology, Autonomous 
The BMW logo is displayed on the rear of a 2020 BMW X2 xDrive 28i at the Pittsburgh International Auto Show on Feb.13, 2020. (Gene J. Puskar/Associated Press)
BMW Fourth-Quarter Profit Increases on Luxury-Car Sales
The BMW logo is displayed on the rear of a 2020 BMW X2 xDrive 28i at the Pittsburgh International Auto Show on Feb.13, 2020. (Gene J. Puskar/Associated Press) Government, Business, Technology, Equipment, Fuel 
Attendees look at cars from BYD at the Auto Shanghai 2019 show in Shanghai on April 16, 2019. China’s auto sales plunged 81.7% year-over-year in February 2020. (Ng Han Guan/Associated Press)
China Auto Sales Plunge in February
Attendees look at cars from BYD at the Auto Shanghai 2019 show in Shanghai on April 16, 2019. China’s auto sales plunged 81.7% year-over-year in February 2020. (Ng Han Guan/Associated Press)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
A Washington state ferry sails on a foggy day near cranes at the Port of Seattle. (Ted S. Warren/AP)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, 2020 Government, Business 
Trader Michael Gallucci works at his post on the floor of the New York Stock Exchange on March 11, 2020. (Richard Drew/Associated Press)
Trading Halted After Stocks Plunge 7% at Open
Trader Michael Gallucci works at his post on the floor of the New York Stock Exchange on March 11, 2020. (Richard Drew/Associated Press)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 Business, Logistics 
A containership at the Haitian Container Terminal in Xiamen, China, on Aug. 26. (Qilai Shen/Bloomberg News)
Supply Chain Disruptions Rise Due to Virus
A containership at the Haitian Container Terminal in Xiamen, China, on Aug. 26. (Qilai Shen/Bloomberg News)The coronavirus is having a growing impact on supply chains, according to a new survey by the Institute for Supply Management in a report the Tempe, Ariz.-based nonprofit released March 11.
March 12, 2020 Government, Business, Logistics 
Trump addresses the nation March 11 from the Oval Office. (Doug Mills, New York Times via AP pool)
Cargo Not Affected as Trump Suspends Travel From Europe to US
Trump addresses the nation March 11 from the Oval Office. (Doug Mills, New York Times via AP pool)WASHINGTON — Taking drastic action March 11, President Donald Trump announced he is cutting off travel from Europe to the U.S. and moving to ease the economic cost of a viral pandemic that is roiling global financial markets and disrupting the daily lives of Americans. Restrictions won't apply to cargo.
March 11, 2020 Business, Safety 
The 2019 Mazda CX-5 is shown at the New York Auto Show on April 17, 2019. (Mark Lennihan/Associated Press)
N.Y. Auto Show Likely to Be Delayed to August Because of Virus
The 2019 Mazda CX-5 is shown at the New York Auto Show on April 17, 2019. (Mark Lennihan/Associated Press)The annual New York auto show probably will be pushed back to August from April due to the coronavirus.
March 10, 2020 Business, Logistics 
Trucks await entry at the Port of Los Angeles. (Patrick T. Fallon/Bloomberg News)
Ports Post Volume Declines Over Coronavirus Fears
Trucks await entry at the Port of Los Angeles. (Patrick T. Fallon/Bloomberg News)Newly released figures from some of the nation’s major ports show cargo volumes are slumping as they struggle to recover from the U.S.-China trade war and now the steep downturn in factory output from China in the aftermath of the coronavirus outbreak.
March 10, 2020 Government, Business, Safety 
Joel Szabat, shown testifying at a House hearing in September, told a Senate panel March 4 fighting the coronavirus will require "the efforts of all levels of government." (House Transportation & Infrastructure Committee via YouTube)
USDOT Active in Response to Coronavirus, Joel Szabat Tells Senators
Joel Szabat, shown testifying at a House hearing in September, told a Senate panel March 4 fighting the coronavirus will require "the efforts of all levels of government." (House Transportation & Infrastructure Committee via YouTube)Transportation officials’ supporting role to the COVID-19 outbreak includes daily coordination with aviation industry stakeholders, foreign counterparts and federal agencies, DOT official Joel Szabat told a Senate panel March 4. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
March 9, 2020 Government, Business 
Business class seats remain empty just prior to takeoff on a United Airlines flight from San Francisco to Tokyo on March 7. (David J. Phillip/AP)
House Democrats to Map Out Economic Response to Virus Outbreak
Business class seats remain empty just prior to takeoff on a United Airlines flight from San Francisco to Tokyo on March 7. (David J. Phillip/AP)House Speaker Nancy Pelosi plans to meet with top Democrats on March 9 to begin drawing up a response to the economic disruption caused by the coronavirus outbreak, which already is threatening to stall growth.
March 9, 2020