hurricane News Updates

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.

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

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.

President Donald Trump ordered the Jones Act to be waived for shipments to hurricane-ravaged Puerto Rico immediately at the request of Governor Ricardo Rossello, White House press secretary Sarah Sanders said Sept. 28.

A second straight decline in purchases of new U.S. homes, combined with downward revisions for prior months, show a tepid market as results begin to be clouded by the fallout from Hurricanes Harvey and Irma, according to government data Sept. 26.

Container ships bound for Houston called on other ports as Hurricane Harvey slogged its way across the upper Texas coast and into the history books.

Applications for unemployment benefits in the U.S. unexpectedly declined last week as the Hurricane Harvey-related surge in Texas filings continued to reverse, Labor Department figures showed Sept. 21.

Oil advanced to the highest level since May after U.S. gasoline stockpiles plunged to a 22-month low and exports of crude and fuels surged.

Brakes, diesel particulate filters, electronics and wheel-ends are some of the key components that fleets should inspect on their vehicles as they recover from flooding brought on by hurricanes Harvey and Irma, experts said, adding that without remediation safety component failures are likely to surface in a matter of months.