Coronavirus
Job Growth Softens, Misses Estimates
U.S. job growth unexpectedly softened in April from the prior month, suggesting that difficulty attracting workers is slowing momentum in the labor market.
Managing Financial Risk During COVID
A financial services adviser urged trucking companies to learn as much as possible about new and existing customers’ ability to pay their bills, as navigating the post-pandemic economy will bring with it new challenges.
Trucking Growth Expected to Be Strong Amid Recovery, Expert Says
Economic recovery in the wake of the COVID-19 pandemic is putting pressure on the freight-hauling sector, and an industry expert said changes brought on by virus-related cutbacks are contributing to a tightening market that could rival earlier periods of growth.
World’s Biggest Brands Adopt Checklist to Protect Seafarers
Unilever Plc and other big retail brands are among consumer giants adopting a toolkit to audit their shipping supply chains in an effort to help bring seafarers stuck on commercial vessels back home and eliminate human rights risks.
Jobless Claims Fall More Than Forecast to Pandemic Low
Applications for U.S. state unemployment insurance fell last week to a fresh pandemic low as labor market conditions continued to improve and the economy reopened more broadly.
Small Business COVID-19 PPP Runs Out of Money
The Small Business Administration said May 5 that the Paycheck Protection Program has been exhausted, after giving out nearly 10.8 million loans worth more than $780 billion since April 2020.
Canadian Provinces Team With North Dakota to Vaccinate Cross-Border Truckers
Leaders from North Dakota and two Canadian provinces have reached agreements to offer COVID-19 vaccinations to Canada-based truckers who cross the border to deliver goods.
Exxon Posts $2.7 Billion Quarterly Profit After Unprecedented Year
NEW YORK — ExxonMobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions.
Oil Climbs With US Demand Bump Driving Global Rebound Optimism
Oil advanced to the highest intraday level in more than a month as a combination of declining U.S. petroleum product supplies and signs of stronger demand buttressed expectations for a revival in global consumption.
DHS Extends Real ID Enforcement to May of 2023
The Department of Homeland Security is extending the Real ID full enforcement date by 19 months, from October 1, 2021 to May 3, 2023, due to circumstances resulting from the ongoing COVID-19 pandemic.