Government, Business, Safety

HOS Rules Relaxed as Hurricane Michael Makes Landfall

HOS Rules A woman checks on her vehicle as Hurricane Michael passes through in Panama City Beach, Fla. (Gerald Herbert/Associated Press)

The Federal Motor Carrier Safety Administration relaxed hours-of-service regulations in eight states as Hurricane Michael made landfall Oct. 10, battering the Florida Panhandle with 155 mph winds.

Eleanor Lamb | Staff Reporter
October 10, 2018

Unemployment Drops to 4.1%; Trucking Employment Flat


The national unemployment rate fell 0.1 percentage point in October to 4.1%, the lowest level since December 2000, according to the U.S. Department of Labor’s Bureau of Labor Statistics.

Burney Simpson | Staff Reporter
November 6, 2017
Business, TCA

Dallas Fed: Harvey’s Economic Damage Temporary; Recovery Boosts Demand

Texas National Guard

It appears Hurricane Harvey will inflict little long-term disruption on the Texas regional economy, which continued to expand at a “moderate pace” over the past six weeks despite the giant storm, according to a report Oct. 18 from the Federal Reserve Bank of Dallas.

Dan Zehr | Austin American-Statesman
October 19, 2017

Service Industries Index at 12-Year High Following Storms

XiXinXing/Getty Images

America’s service industries expanded in September at the fastest clip in 12 years, signaling vibrancy across the bulk of the economy following two major hurricanes, a survey from the Institute for Supply Management showed Oct. 4.

Agnel Philip | Bloomberg News
October 4, 2017

Companies Add Fewest Workers in Nearly a Year, ADP Says

fstop123/Getty Images

Companies last month added the fewest number of workers in nearly a year, reflecting a hit to the U.S. job market from hurricanes Harvey and Irma, according to data released Oct. 4 from the ADP Research Institute in Roseland, New Jersey.

Sho Chandra | Bloomberg News
October 4, 2017
Business, Equipment, Logistics

Spot Market Activity Still Bustling One Month After Devastation of Harvey, Irma

Utility Trailer flatbed Utility Trailer Manufacturing Co.

One month after two devastating hurricanes ripped through Texas and Florida, spot market activity remains hectic across the country, setting records along the way.

Ari Ashe | Staff Reporter
October 3, 2017

Hurricanes Likely to Trim Penske Earnings

Penske Automotive Group Inc. estimated hurricane-related losses, expenses and business interruption (net of expected insurance proceeds) will reduce earnings per share by 4 cents to 5 cents for the three months ended Sept. 30, according to the company.

Transport Topics
October 2, 2017

Consumer Sentiment Cools as Storms Deliver Hit to Outlook

Brian Archibald, a rescue specialist assigned to the South Carolina Helicopter Aquatic Rescue Team Delta in McEntire Joint National Guard Base, S.C., points to a someone who may need help on Aug. 31, 2017 in Port Arthur, Texas. Air National Guard photo by Staff Sgt. Daniel J. Martinez

Concern over the fallout from a pair of late-summer hurricanes caused U.S. consumer sentiment to dip in September, though Americans remain relatively optimistic about the direction of the economy, a University of Michigan survey showed Sept. 29.

Agnel Philip | Bloomberg News
September 29, 2017

US DOT Grants $40 Million in Relief Funds to Puerto Rico

Elaine Chao Andrew Harrer/Bloomberg News

Puerto Rico will receive $40 million in federal relief funds to repair damage wrought by Hurricane Maria.

Eleanor Lamb | Staff Reporter
September 28, 2017

US Jobless Claims Rise on Irma's Effects in Florida, Georgia

Photo by Tim Donovan Florida Fish and Wildlife

U.S. filings for unemployment benefits rose last week on increases in Florida and Georgia after the southeastern states were hit by Hurricane Irma, Labor Department figures showed Sept 28.

Patricia Laya | Bloomberg News
September 28, 2017