Economy

Government, Business

Biden Plots Economic Recovery in Meeting With CEOs, Union Heads

President-elect Joe Biden addresses the media at the Queen Theater in Wilmington, Del., on Nov. 10. President-elect Joe Biden addresses the media at the Queen Theater in Wilmington, Del., on Nov. 10. (Joe Raedle/Getty Images)

President-elect Joe Biden met Nov. 16 with the chief executives of General Motors Co. and Microsoft Corp., as well as key labor leaders, as he begins to outline how to contain the coronavirus pandemic and revive the economy during his administration.

November 16, 2020
Government, Business, Logistics

Consumer Spending Rises in August

Shoppers outside Walmart Patrick T. Fallon/Bloomberg News

While the trucking industry’s financial health continues to excel, the overall U.S. economy is trying to gain momentum.

Dan Ronan | Associate News Editor
September 17, 2020
Government, Business

Trucking Fares Better Than Overall Economy, Experts Say

Trucks on highway Getty Images

The trucking and freight economy appears to be doing better than the overall U.S. economy as fleets adjust to contend with supply chain changes caused by the COVID-19 pandemic.

Dan Ronan | Associate News Editor
August 12, 2020
Government, Business

Q2 GDP Drops a Record 32.9%, but Trucking Holding Steady

Trucks on an interstate highway American Trucking Associations Chief Economist Bob Costello said trucking is holding its own during these tough times. (Doug Berry/Getty Images)

The gross domestic product of the United States shrank a record-setting 32.9% in the second quarter, tracking closely with economists’ expectations.

Dan Ronan | Associate News Editor
July 30, 2020
Government, Business

Economic Recovery Threatened by COVID-19 Resurgence, Experts Say

Trucks on the highway Trucks on California state Route 905 in San Diego. (John Sommers II for Transport Topics)

The U.S. economy, which had begun to improve, is now in jeopardy of stalling amid rising cases of COVID-19 infections.

Dan Ronan | Associate News Editor
July 15, 2020
Government, Business

Watch Replay of Newsmakers Series

Replay of TT Newsmakers

Sign up to watch replays of our previous webcasts with American Trucking Associations Chief Economist Bob Costello and Nikola founder and executive chairman Trevor Milton.

July 15, 2020
Government, Business

ATA Praises USMCA Pact

ATA President Chris Spear ATA President Chris Spear by John Sommers II for Transport Topics

The trade deal with Canada and Mexico that took effect at the start of the month garnered a strong endorsement from the leadership at American Trucking Associations.

Eugene Mulero | Senior Reporter
July 8, 2020
Government, Business, Safety

Economy Recovering, but Experts Fear Rise in Coronavirus Cases

Truck on road with sunrise behind it Will the coronavirus shut the economy back down just as it is getting restarted? (helivideo/Getty Images)

Experts are warning that signs of improvement in the U.S. economy could give way to another round of contractions as coronavirus cases increase in certain states.

Dan Ronan | Associate News Editor
June 25, 2020
Business, Safety, Logistics

What the New Normal for Trucking Will Be Remains a Question

Truck on rural road eyecrave/Getty Images

Trucking companies continue to navigate the coronavirus pandemic, but what the new normal will be remains a mystery.

Connor D. Wolf | Staff Reporter
June 10, 2020
Government, Business

Stocks Vault Higher as Nasdaq Hits Record on Economy Hopes

Currency trader in Seoul A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, on June 8, 2020. (Ahn Young-joon)

NEW YORK — The Nasdaq composite wiped away the last of its coronavirus-induced losses to set a record June 8.

Stan Choe and Damian J. Troise | Associated Press
June 8, 2020

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