Coronavirus
Working Group Tackles COVID Food Supply Chain Disruptions
People at a Costco store. Leaders in the food transportation industry are looking to apply lessons learned from the pandemic's effect on the supply chain. (Victor J. Blue/Bloomberg News)
Leaders in the food transportation sector are working together to share lessons learned during the coronavirus pandemic.
December 3, 2020Class 8 Orders Surge to Fourth-Highest Monthly Volume Ever
Workers install parts on an engine at the Mack assembly facility in Macungie, Pa. (Luke Sharrett/Bloomberg News)
North American Class 8 orders reached 51,900 in November, according to ACT Research.
December 3, 2020Carriers Face Compounded Demand This Holiday Season
A UPS driver delivers a package in Chicago. (Christopher Dilts/Bloomberg)
The trucking industry, working since March to replenish inventories depleted by the coronavirus, now has to grapple with holiday season demand.
December 3, 2020OPEC+ Agrees on Gradual Easing of Oil-Output Cuts Next Year
A pump jack operates in an oil field in Midland, Texas, on July 29. (Tony Gutierrez/Associated Press)
The Organization of Petroleum Exporting Countries and its allies reached an agreement to ease its oil-output cuts next year more gradually than previously planned, giving a fragile market more time to absorb the extra supply.
December 3, 2020US Jobless Claims Drop, Offering Ray of Hope for Labor Market
A worker installs plumbing at a manufacturing facility in Elkhart, Indiana. (Ty Wright/Bloomberg News)
Applications for U.S. state unemployment benefits fell by the most in almost two months, offering some hope that the gradual recovery in the job market will continue despite a spike in COVID-19 infections and renewed business restrictions.
December 3, 2020Fed Sees Moderate Growth With Virus Causing Slowdowns
The Federal Reserve building is seen in Washington, D.C., on Dec. 1. (Stefani Reynolds/Bloomberg News)
The U.S. economic recovery remained moderate across much of the country, and showed signs of a slowdown in areas where coronavirus cases are particularly high, according to a Federal Reserve report.
December 2, 2020Congestion, Slowdown at Ports Cause Growing Concern
Port of Los Angeles container terminal. (Patrick T. Fallon/Bloomberg News)
Many of the nation’s ports, especially on the West Coast, are reporting long delays to unload cargo ships, and warehouses near those facilities are filled as the supply chains are overloaded with goods.
December 2, 2020Coronavirus Likely Altered Supply Chains Permanently, XPO’s Chowdhury Says
XPO Logistics
Supply chains have changed dramatically to adapt to the coronavirus, but many of those changes may outlast the pandemic.
December 2, 2020DOT Makes Preparations Ahead of COVID-19 Vaccine Transport
“The department has laid the groundwork for the safe transportation of the COVID-19 vaccine and is proud to support this historic endeavor,” Transportation Secretary Elaine Chao said. (Meyer & Meyer/Getty Images)
USDOT announced Dec. 1 that it has taken regulatory measures to facilitate the safe and rapid transport of the much-anticipated COVID-19 vaccine.
December 1, 2020US Factory Gauge Eases From Two-Year High as Employment Cools
Olivia Obineme/Bloomberg News
U.S. manufacturing expanded at a slower pace in November, easing back from the strongest reading in two years as orders, employment and production cooled.
December 1, 2020