Coronavirus
Oil Clings to Rally on Signs of Coronavirus Vaccine Progress
Crude held onto a rally amid progress on the development of coronavirus vaccines, with investors shrugging off a smaller-than-expected U.S. inventory build.
In Reversal, Arlington National Cemetery Directed to Host Wreaths Across America
Wreaths Across America Day will return to Arlington National Cemetery — and so will trucking’s involvement — after a whirlwind stretch in which cemetery officials had initially decided to cancel the event out of coronavirus concerns.
Logistics Community Optimistic About Distribution of COVID-19 Vaccines
With optimism building that two COVID-19 vaccines could be available by year’s end, supply chain experts are outlining steps and discussing challenges that lie ahead for those in charge of transporting the anxiously awaited medicine.
UN Recruits UPS, FedEx, Dozens of Others to Deliver Vaccine to World’s Poor
United Nations humanitarian relief agency Unicef is looking to recruit some of the airline industry’s biggest operators to help distribute a coronavirus vaccine to the world’s poorest nations.
Maersk Raises Guidance for Second Time in as Many Months
A.P. Moller-Maersk A/S raised its guidance for a second time since October as the world’s biggest container shipping company enjoys stronger demand than originally projected amid the COVID crisis.
COVID-19 Has Changed Shopping for Good, Retail Giants Predict
The consumer behaviors that accelerated at the start of the virus — think digital ordering, bulkier baskets and no margin for error when it comes to delivery — are showing zero signs of abating eight months in.
Biden Plots Economic Recovery in Meeting With CEOs, Union Heads
President-elect Joe Biden met Nov. 16 with the chief executives of General Motors Co. and Microsoft Corp., as well as key labor leaders, as he begins to outline how to contain the coronavirus pandemic and revive the economy during his administration.
Surprise Cargo Surge Could Surpass Last Year’s Holiday Period
Freight carriers including container shippers and cargo airlines say global demand is building toward a seasonal peak that could outstrip last year’s as more consumers shop online to overcome coronavirus curbs.
Meritor Fiscal Q4 Earnings Cut by Falling Demand
Meritor Inc. reported lower fiscal fourth-quarter net income and revenue, pointing to the COVID-19 pandemic’s effect on customer demand.
November 16, 2020Global Trade Recovering Amid Pandemic
Freight carriers across the world experienced dramatic market shifts and volume swings in 2020.