Coronavirus
USDOT Active in Response to Coronavirus, Joel Szabat Tells Senators
Transportation officials’ supporting role to the COVID-19 outbreak includes daily coordination with aviation industry stakeholders, foreign counterparts and federal agencies, DOT official Joel Szabat told a Senate panel March 4. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
March 9, 2020House Democrats to Map Out Economic Response to Virus Outbreak
House Speaker Nancy Pelosi plans to meet with top Democrats on March 9 to begin drawing up a response to the economic disruption caused by the coronavirus outbreak, which already is threatening to stall growth.
March 9, 2020Economic Concern Spreads in US Along With Coronavirus
Rick Cotton, executive director of the Port Authority of New York and New Jersey, is being treated for the coronavirus after testing positive, New York Gov. Andrew Cuomo announced March 9.
March 9, 2020Stocks, Oil Plunge Over Global Fight for Crude Production
BEIJING — Global stock markets and oil prices plunged March 9 after a fight among major crude-producing nations jolted investors who already were on edge about the surging costs of a virus outbreak.
March 9, 2020Trump Signs $8.3 Billion Coronavirus Emergency Funding Into Law
Legislation to provide $8.3 billion for public health initiatives meant to tackle the spread of the coronavirus was signed into law by President Donald Trump on March 6.
March 6, 2020Secretary Elaine Chao: USDOT Part of Government Plan to Address Coronavirus
WASHINGTON — A White House task force led by Vice President Mike Pence that is tackling the spread of the coronavirus is assisted by input from transportation officials, Secretary Elaine Chao reminded senators March 4.
March 4, 2020US Business Leaders Caution Against Overreacting to Virus
U.S. Chamber of Commerce officials and travel industry leaders urged businesses and consumers not to overreact to the spread of coronavirus and to take precautions while going about business as usual.
March 4, 2020Ford Bans All Business Trips After Two Employees Contract Coronavirus
Ford Motor Co. has banned all air travel for business after two of its employees in China contracted the coronavirus.
March 3, 2020Economists Fear Possible Recession as Coronavirus Spreads
Economists who closely follow the transportation and trucking industry say the next month will be critical as to whether the economy avoids a recession in 2020 as concerns over the spread of the coronavirus mount.
March 2, 2020First Negative US Yields Get Closer Amid Virus Fallout Fears
The swirl of fresh coronavirus cases and growing risks to the global economy have some seasoned market strategists warning that U.S. growth could come to a halt this year and some Treasury yields may drop below zero for the first time.
March 2, 2020