Government, Business, Safety, Logistics

Working Group Tackles COVID Food Supply Chain Disruptions

People at a Costco store 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.

Connor D. Wolf | Staff Reporter
December 3, 2020
Business, Equipment

Class 8 Orders Surge to Fourth-Highest Monthly Volume Ever

Mack plant workers 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.

Roger Gilroy | Senior Reporter
December 3, 2020
Business, Logistics, Top 100

Carriers Face Compounded Demand This Holiday Season

UPS holiday delivery 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.

Connor D. Wolf | Staff Reporter
December 3, 2020
Government, Business, Fuel

OPEC+ Agrees on Gradual Easing of Oil-Output Cuts Next Year

A pump jack operates in an oil field in Midland, Texas, on July 29. 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, 2020
Government, Business

US 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) 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.

Jarrell Dillard | Bloomberg News
December 3, 2020
Government, Business

Fed 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 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.

Catarina Saraiva | Bloomberg News
December 2, 2020
Government, Business

Congestion, Slowdown at Ports Cause Growing Concern

Port of Los Angeles 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.

Dan Ronan | Associate News Editor
December 2, 2020
Business, Logistics, Top 50, Top 100

Coronavirus Likely Altered Supply Chains Permanently, XPO’s Chowdhury Says

XPO truck XPO Logistics

Supply chains have changed dramatically to adapt to the coronavirus, but many of those changes may outlast the pandemic.

Connor D. Wolf | Staff Reporter
December 2, 2020
Government, Business, Safety, Logistics

DOT Makes Preparations Ahead of COVID-19 Vaccine Transport

Vaccine photo by Getty “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.

Eleanor Lamb | Staff Reporter
December 1, 2020
Government, Business

US Factory Gauge Eases From Two-Year High as Employment Cools

Jim Tuchler, president of Gifts For You, left, inspects a product. (Olivia Obineme/Bloomberg News) 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.

Henry Ren | Bloomberg News
December 1, 2020

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