Coronavirus
FedEx’s Fred Smith: It’s Unlikely Company Will Need Federal Help
FedEx Corp. CEO Fred Smith said during a television appearance that he doesn’t expect his company to seek assistance from the federal government to survive the economic downturn being caused by the spread of COVID-19.
Truck Drivers, Logistics Personnel Deemed ‘Essential’ in Security Memo
An updated guidance memo issued by the director of the Cybersecurity and Infrastructure Security Agency clearly identifies truck drivers and related logistics personnel as “essential employees” helping the nation attempt to slow the spread of the coronavirus.
Glut of Jet Fuel Is on Brink of Overwhelming Global Storage
The world is close to running out of space to store all the fuel that jets are no longer burning.
March 22, 2020Ports Seek Emergency Aid as Business Plummets
The leadership of the Port Authority of New York and New Jersey is seeking $1.9 billion in federal assistance, joining the growing list of ports asking Washington for aid as the coronavirus wreaks havoc on business at those facilities.
Walmart Plans 150,000 New Hires, Virus Testing Sites
Walmart Inc. is hiring 150,000 temporary workers and readying its parking lots for coronavirus tests as the world’s largest retailer girds itself to deal with the unprecedented challenges of the fast-spreading outbreak.
Dow Drops More Than 900 Points, Ending Worst Week Since 2008
Stocks sank to their worst week since the financial crisis of 2008 as traders went into full retreat out of fear that the coronavirus will plunge the U.S. and other major economies into deep recessions.
Transportation Leaders Call on White House for Help in Coronavirus Fight
The leaders of American Trucking Associations, FedEx Corp., UPS Inc. and the U.S. Postal Service are asking the White House to ensure that measures taken by federal, state and local governments to slow the spread of the coronavirus do not hinder their efforts to deliver needed goods to citizens.
States Suspend Weight Limits for Trucks Involved in Coronavirus Relief
Officials in multiple states have lifted restrictions on truck weight limits to allow delivery vehicles involved in emergency relief efforts to accommodate more freight during the coronavirus pandemic.
With Drop in Passengers, American Airlines Starts Cargo-Only Flights
To “help keep business moving” during an unprecedented drop in demand because of the COVID-19 pandemic, the Fort Worth, Texas-based airline is sending cargo-only loads to Europe with mail, medical supplies, electronics and e-commerce packages.
Truckers Haul Supplies While Coronavirus Keeps Many at Home
The truckers who haul toilet paper, hand sanitizer and ground beef to retail shelves across the country have their work cut out for them as stores try to rebound from the panic buying that has characterized the coronavirus crisis.