Government Shutdown Averted as Senate Passes Stopgap Spending Bill

The U.S. Capitol in Washington on Dec. 3, 2020. (Stefani Reynolds/Bloomberg News) The U.S. Capitol on a December morning. (Stefani Reynolds/Bloomberg News)

The Senate passed a one-week government spending bill and President Donald Trump signed it Dec. 11, averting a government shutdown.

Erik Wasson | Bloomberg News
December 11, 2020
Business, Logistics, TCA

Trucking Company New York Express and Logistics to Close

New York Express and Logistics Getty Images

SYRACUSE, N.Y. — New York Express and Logistics is shutting down and laying off its 107 employees after losing a major contract.

Rick Moriarty | Syracuse Media Group, N.Y.
January 9, 2020
Business, TCA

GDS Express of Akron, Ohio, Closes Abruptly

GDS Express truck Akron, Ohio, carrier GDS Express was founded in 1990. (GDS Express via YouTube)

AKRON, Ohio — GDS Express Inc., which has 75 tractor-trailers, abruptly closed a week before Christmas, leaving several drivers out on the road without paychecks or credit for fuel.

Doug Livingston | Akron Beacon Journal
December 23, 2019
Government, Business

Democrats, GOP Reach Deal to Avert Government Shutdown

Capitol J. Scott Applewhite/Associated Press

Lawmakers from the House and Senate have reached a bipartisan deal to fund the government before the Dec. 20 spending deadline, according to Nita Lowey, the New York Democrat who chairs the House Appropriations Committee.

December 13, 2019

2019 Trucking Company Closures So Far Have Doubled All of 2018

An HVH Transportation truck HVH Transportation via Facebook

More trucking firms have shut down during the first six months of 2019 than in all of 2018, a result of a softer freight market and the broader effects of tariffs on imported goods, a freight market expert said.

Jim Stinson | Staff Reporter
September 5, 2019

HVH Transportation of Denver Closes

An HVH Transportation truck An HVH Transportation truck via Facebook

Denver-based truckload carrier HVH Transportation Inc. closed its doors on Aug. 27 after a string of financial setbacks, company officials and drivers told Transport Topics.

Jim Stinson | Staff Reporter
August 28, 2019
Government, Business

Zero Growth This Quarter Possible With Shutdown, White House Says

Zero Growth Andrew Harrer/Bloomberg News

White House Council of Economic Advisers Chairman Kevin Hassett said that if the partial government shutdown extends through March, there’s a chance of zero economic expansion this quarter, though “humongous” growth would follow once federal agencies reopen.

January 23, 2019

Hours-Long Shutdown Ends With Budget Accord as Trump Signs Off

Andrew Harrer/Bloomberg News

President Donald Trump signed a two-year budget agreement that will boost federal spending by almost $300 billion and suspend the debt ceiling for a year, ending a brief partial government shutdown that began at midnight when lawmakers missed a funding deadline.

February 9, 2018
Government, Business

Democrats Pull Out of Trump Meeting After He Says Deal to Avoid Shutdown Is Unlikely

President Donald Trump Andrew Harrer/Bloomberg News

The top two Democratic leaders in Congress pulled out of a meeting with President Donald Trump Nov. 28 after he tweeted that a budget deal with them was unlikely, raising the odds that the U.S. government will partially shut down next week.

Toluse Olorunnipa | Bloomberg News
November 28, 2017

Federal Government Shutdown Ends After 16 Days

President Obama signed a bill into law early Oct. 17 to provide funding for the federal government for three months and increase the nation’s debt limit to a level that will last four months, ending the 16-day government shutdown.

Dan Ronan | Senior Reporter
October 17, 2013