Coronavirus
Private Carriers Have Adjusted Their Operations for the Long Haul
Food distributors such as Sysco have quickly adjusted to shifting demand during the pandemic. (Luke Sharrett/Bloomberg News)
Our 2020 Top 100 Private Carriers list shows that the COVID-19 pandemic is reshaping private carriers in ways that will last long after the novel coronavirus subsides.
August 29, 2020Unveiling the 2020 Top 100 Private Carriers List
PepsiCo Inc. is No. 1 in the rankings. (Luke Sharrett/Bloomberg News)
Through financial and logistical challenges, the companies on this year’s Transport Topics Top 100 Private Carriers list have been finding ways to navigate this turbulent time while ensuring that shipments continue to reach their destinations.
August 29, 2020Private Fleets Respond to Higher E-Commerce Demand
Poultry processor Brakebush Bros. was able to keep its private fleet busy during the pandemic by shifting capacity to support other food manufacturers. (Brakebush Bros.)
Private fleet operators have been riding a roller coaster since the onset of the coronavirus pandemic in March.
August 29, 2020Laura’s Leftovers Move East, Leaving a Disaster in Louisiana
Benjamin Luna helps recover items from the destroyed children's wing of the First Pentecostal Church in Orange, Texas, on Aug. 27. (Eric Gay/Associated Press)
The remnants of Hurricane Laura unleashed heavy rain and twisters hundreds of miles inland from a path of death and mangled buildings along the Gulf Coast, and forecasters warn of new dangers as the tropical weather blows toward the Eastern Seaboard this weekend.
August 28, 2020Jobless Claims Resume Decline; Report Comes With Caveats
A bartender makes a drink at a nightclub in Columbia, S.C. (Micah Green/Bloomberg News)
Applications for state U.S. unemployment benefits decreased last week following an unexpected jump, indicating the labor market’s gradual recovery is back on track as COVID-19 infections ease from a surge in the prior two months.
August 27, 2020Laura Carves Destructive Path Through Louisiana
A journalist in Holly Beach, La., photographs damage left in the wake of Hurricane Laura on Aug. 27. (Eric Gay/Associated Press)
One of the strongest hurricanes ever to strike the U.S. pounded the Gulf Coast on Aug. 27, shearing off roofs and killing at least four people, as Laura barreled across Louisiana and maintained ferocious strength while carving a destructive path hundreds of miles inland.
August 27, 2020White House Weighs Airline Job Support in Case Stimulus Fails
A traveler wearing a mask passes through Chicago's O'Hare International Airport. (Patrick T. Fallon/Bloomberg News)
White House Chief of Staff Mark Meadows said the Trump administration is examining executive actions to help airlines avoid employee furloughs should Congress fail to provide assistance in a new round of stimulus.
August 26, 2020Durable Goods Orders Unexpectedly Accelerate in July
GE washing machines are displayed at a home appliance store in California. Orders for durable goods rose by more than double estimates in July. (David Paul Morris/Bloomberg News)
U.S. orders for durable goods rose in July by more than double estimates amid a continued surge in automobile demand, indicating factories will help support the economic rebound in coming months.
August 26, 2020American Airlines Expects 19,000 Job Cuts Once Payroll Aid Ends
An American Airlines plane at O'Hare International Airport in Chicago. (Patrick T. Fallon/Bloomberg News)
American Airlines Group will cut 19,000 workers once federal payroll aid expires Oct. 1, capping a 30% workforce reduction since the coronavirus pandemic began to torpedo travel demand.
August 25, 2020US Consumer Confidence Slumps to Six-Year Low on Job Views
Customers leave a Syracuse, N.Y., shopping mall with bags in tow on July 10. (Maranie Staab/Bloomberg News)
U.S. consumer confidence dropped in August to the lowest since 2014 as consumers soured on employment and business conditions, indicating Americans are becoming despondent amid persistently high joblessness.
August 25, 2020