Coronavirus
All Eyes on Senate After House Backs Trump on $2,000 Checks
The House on Dec. 28 passed a bill replacing the $600 stimulus checks in the newly enacted virus relief bill with $2,000 payments, as Democrats and moderate Republicans voted in favor of a proposal backed by President Donald Trump.
Oil’s Brief Rally Fades With Supply Risks Countering Stimulus
A brief rally in crude oil deflated Dec. 28 as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming new supply from OPEC+.
COVID-19 Relief Package Includes $10 Billion for Highway Infrastructure
President Donald Trump on Dec. 27 signed a COVID-19 relief package that allots $10 billion for highway infrastructure programs.
House Set to Vote on $2,000 Stimulus Checks Trump Demanded
The House is set to vote Dec. 28 to replace the $600 stimulus payments in the newly enacted pandemic relief law with the $2,000 President Donald Trump demanded — a Democratic-led effort that is politically fraught for congressional Republicans and unlikely to become law.
Trucking Industry's Great Work in 2020 Will Pay Dividends in 2021, ATA’s Spear Says
The trucking industry’s response to the COVID-19 pandemic has brought with it a boost in public perception that will endure for years to come, American Trucking Associations President Chris Spear told Transport Topics.
Trump Signs Virus Relief, Government Spending Package
President Donald Trump signed a bill containing $900 billion in pandemic relief, backing down from last-minute demands that undercut his own negotiating team, risked a government shutdown and delayed widely supported economic aid as coronavirus cases continue to rise.
Pelosi Urges Trump to Press GOP to Back $2,000 Checks
House Speaker Nancy Pelosi pledged swift action on new legislation boosting stimulus payments for individuals to $2,000, urging Republicans to join Democrats in meeting a last-minute demand from President Donald Trump that threw a historic pandemic relief package into doubt.
Last-Minute Shoppers Avoid Stores, Adding to Delivery Surge
American shoppers shunned stores and extended their online binge during the last weekend before Christmas, adding to a package-delivery logjam that’s now reaching a crescendo.
Hundreds of Truck Drivers Stranded in Britain Due to Coronavirus Restrictions
Hundreds of stranded truck drivers hoped to get the green light to leave Britain on Dec. 22 as the country found itself increasingly isolated and its trade bottled up, cut off by neighbors afraid of a new strain of the coronavirus circulating in England.
ATA Truck Tonnage Index Slides 3.8% in November
Truck tonnage in November declined a seasonally adjusted 3.8%, marking the eighth consecutive month of year-over-year declines, American Trucking Associations said Dec. 22. However, the ATA For-Hire Truck Tonnage Index increased 3.7% in November after falling 5% in October when measured month-to-month.