Coronavirus News Updates

Business, Logistics, Top 100

Unveiling the 2021 Top 100 For-Hire Carriers

The trucking firms that appear on the 2021 Transport Topics Top 100 For-Hire Carriers list are split nearly evenly between companies that reported a revenue decline in 2020 and those that still managed to grow during the year of COVID-19.

June 18, 2021
Government, Business

Jobless Claims Rise for First Time Since April

Applications for U.S. state unemployment insurance rose slightly for the first time since late April, likely a temporary blip for a labor market that’s otherwise improving as the economy reopens.

June 17, 2021
Government, Business

US Retail Sales Drop, Hinting at Shift to Spending on Services

U.S. retail sales declined in May, after a stimulus-related splurge in the prior two months, suggesting consumers are starting to shift more of their spending to services as the economy reopens.

June 15, 2021
Government, Business, Fuel

Biggest Foreign Buyers of US Fuel Are About to Step on the Pedal

Brazil and Mexico are beginning to emerge from the pandemic and that’s boosting demand for road fuel in economies that buy more U.S. gasoline and diesel than any other foreign nation.

June 14, 2021
Government, Business

US Initial Jobless Claims Decline for Sixth Consecutive Week

Applications for U.S. state unemployment insurance fell for a sixth straight week, consistent with further improvement in the labor market and robust economic growth.

June 10, 2021
Government, Business

Economists Brace for Another Volatile Monthly Jobs Report

Economists, blindsided by a major miss in April’s U.S. employment report, are now ready for any number of surprises.

June 3, 2021
Government, Business

Jobless Claims Dip Below 400,000 for First Time in Pandemic

Applications for U.S. state unemployment insurance dipped below 400,000 for the first time during the pandemic as hiring accelerates and the economy strengthens heading into the summer months.

June 3, 2021
Government, Business, Technology, Equipment, Fuel, Logistics

GOP Offers $928B on Infrastructure, Funded With COVID Aid

Republican senators outlined a $928 billion infrastructure proposal May 27 that would tap unused coronavirus aid, a counteroffer to President Joe Biden’s more sweeping plan as the two sides struggle to negotiate a bipartisan compromise and remain far apart on how to pay for the massive spending.

May 27, 2021
Government, Business

US Jobless Claims Fall Again to New Pandemic Low

Applications for U.S. state unemployment insurance fell for a fourth consecutive week as more Americans get vaccinated and businesses reopen to eager customers.

May 27, 2021
Government, Business

US Consumer Confidence Falls as Job, Income Prospects Ebb

U.S. consumer confidence fell slightly in May for the first time this year as Americans were less optimistic about future job and income prospects but at the same time remain upbeat about current conditions.

May 25, 2021