Applications for U.S. state unemployment benefits rose for the first time in five weeks and remained well above pre-COVID levels, suggesting the labor market recovery is slowing amid a surging pandemic and fresh business restrictions.
November 19, 2020Coronavirus News Updates
Initial Jobless Claims Rise for First Time in Five Weeks
Pandemic Likely to Cut Thanksgiving Driving in Half
With virus cases surging, hospitals filling up and more U.S. states imposing restrictions, Americans are likely to drive a lot less this Thanksgiving. Only 35% will travel by car this year, down from 65% a year ago, according to survey from retail fuel tracker GasBuddy.
November 18, 2020Oil 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.
November 18, 2020In 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.
November 18, 2020Logistics 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.
November 17, 2020UN 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.
November 17, 2020Maersk 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.
November 17, 2020COVID-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.
November 17, 2020Biden 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.
November 16, 2020Surprise 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.
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