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ATA Files for Preliminary Injunction in Rhode Island Truck-Tolls Suit

American Trucking Associations has filed a motion in the U.S. District Court of Rhode Island for a preliminary injunction in the ongoing lawsuit against the state’s trucks-only tolling program.

March 13, 2020

Trump Declares National Emergency to Speed Virus Response

WASHINGTON — President Donald Trump on March 13 declared the coronavirus pandemic a national emergency, as Washington struggles with providing Americans with relief and officials race to slow the spread of the outbreak.

March 13, 2020

Stocks Sink in Worst Day Since 1987

U.S. stocks tumbled, with benchmark gauges posting their worst drop since 1987, as investors signaled the Federal Reserve’s extraordinary bond-buying measures, and President Donald Trump’s economic proposals, won’t be enough to counter the economic impact from the coronavirus.

March 12, 2020

Coronavirus Concerns Force Cancellation of Mid-America Trucking Show

Due to concerns over the impact of the coronavirus pandemic, officials with the Mid-America Trucking Show announced on March 12 the show scheduled for March 26-28 in Louisville has been canceled.

March 12, 2020

Fed to Buy a Range of Treasury Bonds to Try to Ease Jitters

WASHINGTON — The Federal Reserve will sharply increase its purchases of short-term U.S. Treasury bonds to try to ease anxiety and disruptions in the financial markets over the coronavirus outbreak.

March 12, 2020

BMW Fourth-Quarter Profit Increases on Luxury-Car Sales

BMW AG finished 2019 with an increase in automotive profit on rising luxury-car sales as the German manufacturer faces a year mired in concerns over the coronavirus outbreak that threatens to shut down global supply chains.

March 12, 2020

Oil Falls Further After Travel Ban Deals Blow to Demand

Oil headed for the biggest weekly decline since 2008 after President Donald Trump said the U.S. would restrict travel from Europe for the next 30 days in an attempt to contain the coronavirus, pummeling fuel demand.

March 12, 2020

China Auto Sales Plunge in February

BEIJING — China’s auto sales plunged 81.7% in February from a year ago after much of the economy was shut down to fight a virus outbreak, an industry group reported March 12.

March 12, 2020

Trading Halted After Stocks Plunge 7% at Open

NEW YORK— The S&P 500 dropped about 7% within the first few minutes of trading March 12, steep enough to trigger an automatic halt to trading on the New York Stock Exchange.

March 12, 2020

Stakeholders’ Input Key to Shaping AV 4.0, Says USDOT Nominee Finch Fulton

WASHINGTON — Industry stakeholders will assist U.S. Department of Transportation officials in shaping their latest version of guidelines for autonomous vehicles, said Finch Fulton, nominee to become assistant secretary for transportation policy.

March 12, 2020