Coronavirus
US Jobless Claims Rise as Labor Market Recovery Remains Choppy
Applications for U.S. state unemployment insurance unexpectedly rose last week but remained near the lowest levels of the pandemic as the labor market meanders toward full recovery.
Biden’s Infrastructure Plan to Total $2.25 Trillion, Include Corporate Tax Hikes
President Joe Biden announced a $2.25 trillion climate change-centric infrastructure plan meant to repair the country’s roads and bridges, and guarantee nationwide access to broadband internet and safe drinking water.
Infrastructure Plan Could Include $3 Trillion in Tax Increases
President Joe Biden is aiming for summer passage of an infrastructure plan that is expected to cost more than $3 trillion, and the White House hopes to take a more deliberate and collaborative approach with the contentious Congress than it did on the COVID-19 rescue package, officials said.
March 30, 2021US Consumer Confidence Surges to One-Year High on Job Optimism
U.S. consumer confidence rose in March to a one-year high as Americans grew more upbeat about the economy and labor market, a sign that household spending may pick up more broadly in the coming months.
Oil Rises for Second Day With Focus Moving Toward OPEC+ Meeting
Oil climbed to the highest in almost two weeks as traders looked ahead to this week’s OPEC+ meeting with speculation that renewed demand concerns will spur the group to keep production in check.
Carriers Provide Resources to Help Drivers Get Vaccinated
Trucking companies are taking steps to help ensure their drivers, and support staff, can get the coronavirus vaccine in a bid to minimize workplace disruptions.
Supply Chain Transformation for a Post-Pandemic World
Our live webinar, Supply Chain Transformation for a Post-Pandemic World, features expert insight from industry leaders. Join us as we discuss relevant topics, from the impact of the pandemic to the future of the industry, and get tips that will help you succeed in the dynamic world of logistics & distribution.
March 25, 2021Trucking Continues to Offer States Revenue Stability
One year since the COVID-19 pandemic caused vehicle travel and associated fuel tax revenue to plummet, recovery has been on a slow but positive trajectory.
A Year of Pandemic: Commercial Vehicle Suppliers Kept Customers, Workforce in Mind
It was crucial for commercial vehicle suppliers to be identified as essential while they tried to find their way through COVID-19 when it first spread a year ago and deepened afterward, an executive with a leading supplier trade group said.
A Year of Pandemic: Logistics Companies Adapted as Needed
Logistics companies that diversified, were nimble and leveraged data-driven technologies had the best chance to continue operating throughout the coronavirus pandemic.