In the wake of the global pandemic, technology is being used to keep drivers safe, facilitate remote work, and drive efficiency gains so that companies are in a good position to survive the coming recession and thrive in the recovery to follow.
May 5, 2020recession News Updates
Keeping Cash Flowing During Uncertain Times
US Economy Sliding Further, Experts Say
The U.S. economy is likely in the midst of its deepest recession since the end of World War II, when modern records that tracked the nation’s gross domestic product and unemployment rates were standardized.
May 4, 2020Indicators Show Slowdown in Growth, but Recession Isn’t Likely
Jitters and trade wars are roiling the markets and troubling freight companies, but the big question is if the U.S. economic expansion may be coming to a close soon.
August 21, 2019Cass: Freight Shipments Down 5.9% in July, and GDP Could Be Next
A nationwide economic contraction, not just a freight recession, could arrive soon, according to Cass Information Systems’ July freight report.
August 16, 2019Stocks Slide After Bond Market Warns Again of Recession
NEW YORK — Stocks sank Aug. 14 after the bond market threw up one of its last remaining warning flags on the economy.
August 14, 2019Yield Curves Invert in US, UK as ‘Doom and Gloom’ Spreads
The stream of investors seeking refuge in the safest parts of the market has triggered yet another recession warning, with yield curves inverting from the United States to the United Kingdom.
August 14, 2019German Economy Shrinks Amid Trade Concerns, Auto Woes
FRANKFURT, Germany — The German economy shrank by 0.1% in the second quarter from the previous three-month period as global trade conflicts and troubles in the auto industry weighed on Europe’s largest economy.
August 14, 2019US Recession Concerns Rising With Trade War, Goldman Sachs Says
Goldman Sachs Group Inc. is raising concerns of a U.S. recession as the trade war with China intensifies, boosting the impact on economic growth.
August 12, 2019Chance of US Recession Rises to 35% Among Economists Surveyed
The likelihood of a U.S. recession in the next 12 months rose to 35% in an August survey of economists, from 31% forecast previously, as global trade tensions fuel economic uncertainty.
August 8, 2019World Economy Edges Closer to Recession as Trade Woes Spread
The escalating trade war between the U.S. and China is nudging the world economy toward its first recession in a decade with investors demanding politicians and central bankers act fast to change course.
August 7, 2019Follow Us
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