Coronavirus News Updates

Business, Logistics

Shippers, Retailers Work to Spread Out Holiday Surge Season to Ease Capacity Constraint

COVID-19 has accelerated the transformation to e-commerce, and significant growth in e-commerce sales is creating capacity concerns. Retailers are expected to move up holiday promotions to help spread out the peak shipping season.

October 6, 2020
Business, Logistics

Carriers Prepare for Increasing Surge to Supply Chain in E-Commerce Push

E-commerce is expected to continue to grow throughout the holiday season, placing added strain on the supply chain and increasing demand for final-mile deliveries.

October 6, 2020
Government, Business

Stimulus Talks Grind On; No Deal Yet Despite Trump Urging

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin engaged in another round of stimulus talks Oct. 5 with no sign they are close to deal, despite the urging of President Donald Trump to get it done.

October 5, 2020
Business, Fuel

Most US Oil Job Losses in Pandemic to Remain, Report Says

Almost three-quarters of the pandemic-driven jobs losses in the U.S. petroleum and chemical sectors may not come back before the end of next year, according to Deloitte.

October 5, 2020
Government, Business

Market Gets Harsh Reminder That COVID Is Its Elemental Risk

In 24 hours, investors have learned the jobless rate dropped, Tesla Inc. built more cars than forecast and that someone is back making huge options trades in tech megacaps. None of it mattered in markets captivated by news that not even the White House is safe from COVID-19.

October 2, 2020
Government, Safety

House Panel Advances FEMA Relief Bill

Legislation that would adjust the cost share of federal disaster assistance recently was approved by the House transportation committee.

October 2, 2020
Government, Business

Pelosi Optimistic on Relief, Says Trump’s Illness Alters Dynamic

House Speaker Nancy Pelosi said negotiations on a new stimulus with the White House will press ahead and President Donald Trump’s COVID-19 diagnosis might change the tenor of the talks by emphasizing the seriousness of the pandemic.

October 2, 2020
Government, Business, Safety

PennDOT Extends Expiration Dates for Commercial Licenses, Permits

As a response to statewide efforts to combat COVID-19, the Pennsylvania Department of Transportation has extended expiration dates pertaining to commercial driver licenses.

October 2, 2020
Government, Business

US Jobs Rise Less Than Forecast as Economic Rebound Downshifts

U.S. job gains slowed in September and many Americans quit looking for work, suggesting the economic recovery is downshifting as the country struggles without a COVID-19 vaccine or fresh government aid.

October 2, 2020
Government, Business

Pelosi, Mnuchin Still Far Apart on Virus Stimulus Deal

U.S. House Speaker Nancy Pelosi told top Democrats Oct. 1 that she’s skeptical of getting a deal for a new economic stimulus in negotiations with Treasury Secretary Steven Mnuchin, according to two House Democratic officials.

October 1, 2020