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Economists who closely follow the transportation and trucking industry say the next month will be critical as to whether the economy avoids a recession in 2020 as concerns over the spread of the coronavirus mount.

NEW YORK — With the coronavirus outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further.

The swirl of fresh coronavirus cases and growing risks to the global economy have some seasoned market strategists warning that U.S. growth could come to a halt this year and some Treasury yields may drop below zero for the first time.

BOSTON — Fees for ride-hailing services and a 5-cents-per-gallon hike in the state’s gas tax are the heart of a plan floated by Democrats in the House of Representatives to pay for upgrades to roads, bridges and public transit.

Transport Topics' video coverage of the 2020 Technology & Maintenance Council in Atlanta.

The Federal Highway Administration is awarding $653.2 million in emergency relief funds to assist states and territories that have experienced infrastructure damage.

President Donald Trump stressed public safety is his administration’s priority as it addresses growing concerns with the spread of the coronavirus. Trump also told reporters at the White House Feb. 29 he believed markets would rebound after experiencing recent record lows.

Apple Inc. Chief Executive Officer Tim Cook suggested the iPhone maker wouldn’t make any quick moves out of China in light of interruptions due to the coronavirus and called the situation a “temporary condition.”