Coronavirus News Updates

Government, Business, Logistics

Thousands of Frozen Meat Containers Pile Up at Chinese Ports

Thousands of containers of frozen pork, chicken and beef are piling up at some major Chinese ports as transport disruptions and labor shortages slow operations, people familiar with the matter said.

February 18, 2020
Business, Logistics

GM Works to Shield US Truck Plants From Virus Disruption

General Motors Co. is working to maintain the flow of parts to some of its most profitable U.S. plants to keep them from becoming the next factories to be idled due to the coronavirus spreading in China.

February 14, 2020
Business, Fuel

Oil Rallies for Fourth Day as Virus Fears Show Signs of Easing

Oil gained for a fourth session, the longest rising streak this year, amid signs that the worst impacts of the coronavirus outbreak may be easing.

February 14, 2020
Business, Logistics

Coronavirus Is Wreaking Havoc on Global Mail Delivery

In a world dominated by email and smartphones, the shipping industry still relies heavily on paper documents delivered by courier. With people unable or unwilling to travel to China because of the coronavirus, that dependence is wreaking havoc on commodities traders.

February 13, 2020
Government, Business, Fuel

Oil Holds Near $50 as OPEC+ Hesitates Despite Surplus

Oil held near $50 a barrel in New York on signs that OPEC and its allies probably won’t go ahead with a much-touted emergency meeting, even as a global oversupply piles up.

February 10, 2020
Business, Safety

Toyota, Honda Extend China Shutdowns as Virus Gathers Pace

Toyota Motor Corp. and Honda Motor Co. were among carmakers extending shutdowns at their China plants as the country steps up measures to fight the deadly coronavirus.

February 7, 2020
Business

Top Steelmaker Sounds Alarm as Coronavirus Spreads

The most influential mills group in the world’s largest steelmaker has sounded the alarm about the outlook as the coronavirus crisis rips through China’s economy, warning of transport snarls, weaker demand and a situation this quarter that “does not look optimistic.â€

February 6, 2020
Business, Fuel

Coronavirus Has Oil Traders Seeking Ships to Hoard Unsold Crude

Oil traders and sellers are making more inquiries for supertankers to hoard crude at sea in the latest indication of the crushing impact the coronavirus is having on demand in the world’s biggest importer.

February 5, 2020
Government, Business, Safety

Hyundai Halts South Korea Output as Coronavirus Causes Parts Shortage

Hyundai Motor Co. is halting production in South Korea this week because of a component shortage caused by the coronavirus, the first global automaker to suspend output outside China because of the outbreak.

February 4, 2020
Government, Business, Logistics

Factories Brace for Virus Blow Just as Demand Starts to Pick Up

The slow improvement in global manufacturing could be about to take a pause — or worse — as firms brace for supply-chain disruptions and a blow to demand from the spread of the coronavirus.

February 3, 2020