Trucking companies are turning to new software applications to help mitigate employees’ fears about contracting COVID-19 while on the job.
September 25, 2020Coronavirus News Updates
Staying Ahead of COVID-19
Durable Goods Orders Slow While Business Investment Remains Sturdy
U.S. orders for durable goods increased in August at a slower pace than expected, restrained by declines in bookings for motor vehicles and military equipment, though a gauge of business investment rose more than forecast.
September 25, 2020Fed’s Bullard Says ‘Full Recovery’ for US in Reach by Year End
Federal Reserve Bank of St. Louis President James Bullard, in the most upbeat comments by a central banker since the start of the COVID-19 outbreak, said the U.S. economy may surge at a 35% annualized rate in the third quarter and the nation may be close to a complete recovery by year-end.
September 24, 2020Truck Driver Training Programs Overcome COVID Risks
As the coronavirus gripped the nation, companies across the trucking industry were forced to alter their operations while confronting the pandemic. For some, that included driver training and orientation.
September 24, 2020Mnuchin Expects to Resume Talks With Pelosi on New Stimulus
Treasury Secretary Steven Mnuchin plans to resume talks with House Speaker Nancy Pelosi to work on a compromise for a new round of stimulus for the U.S. economy, according to a person familiar with the plans.
September 24, 2020US Jobless Claims Remain Elevated in Choppy Recovery
Applications for U.S. unemployment benefits were little changed last week, contrasting with estimates for a decline and highlighting an economic recovery that’s coming in fits and starts.
September 24, 2020Oil Pares Gains as Stocks Slip on Fed Warnings on Economy
Oil pared its advance Sept. 23 as stocks fell on the latest warnings from Federal Reserve officials about the economic outlook due to the coronavirus.
September 23, 2020Growth in US Business Activity Stays Solid, IHS Markit Data Shows
U.S. business activity continued to expand at a solid clip in September, outpacing a stagnant Europe and capping a vigorous third-quarter rebound for the economy.
September 23, 2020House OKs Funding Bill With Highway Law Extension
WASHINGTON — In a sweeping bipartisan vote that takes a government shutdown off the table, the House passed a temporary government-wide funding bill Sept. 22, shortly after President Donald Trump prevailed in a behind-the-scenes fight over his farm bailout.
September 22, 2020Shippers Might Pay More for Cargo in 2021, C.H. Robinson Says
Shippers probably will pay more for freight heading into 2021 after the pandemic lockdown drove many small truckers out of business and cargo demand rebounds faster than the economy, C.H. Robinson Worldwide Inc. CEO Bob Biesterfeld said.
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