shutdown News Updates

Government

Congress Approaches March 14 Funding Deadline

Congressional Republican leaders in early March were focused on pursuing a short-term funding extension designed to avert a partial government shutdown this month.

March 6, 2025
Government, Business

House Passes Spending Plan Hours Before Shutdown Deadline

The spending bill would keep the government open through March 14, provide disaster relief and give billions of dollars in economic aid to farmers. It will not suspend the national debt limit.

December 20, 2024
Business, Technology, Logistics

Convoy Shuts Down After Failing to Find Buyer

Digital freight network Convoy Inc. was forced to shut its doors after no viable options to continue operations emerged, CEO Dan Lewis said in an Oct. 19 memo to employees.

October 19, 2023
Government

Government Shutdown Averted as Senate Passes Stopgap Spending Bill

The Senate passed a one-week government spending bill and President Donald Trump signed it Dec. 11, averting a government shutdown.

December 11, 2020
Business, Logistics, TCA

Trucking Company New York Express and Logistics to Close

SYRACUSE, N.Y. — New York Express and Logistics is shutting down and laying off its 107 employees after losing a major contract.

January 9, 2020
Business, TCA

GDS Express of Akron, Ohio, Closes Abruptly

AKRON, Ohio — GDS Express Inc., which has 75 tractor-trailers, abruptly closed a week before Christmas, leaving several drivers out on the road without paychecks or credit for fuel.

December 23, 2019
Government, Business

Democrats, GOP Reach Deal to Avert Government Shutdown

Lawmakers from the House and Senate have reached a bipartisan deal to fund the government before the Dec. 20 spending deadline, according to Nita Lowey, the New York Democrat who chairs the House Appropriations Committee.

December 13, 2019
Business

2019 Trucking Company Closures So Far Have Doubled All of 2018

More trucking firms have shut down during the first six months of 2019 than in all of 2018, a result of a softer freight market and the broader effects of tariffs on imported goods, a freight market expert said.

September 5, 2019
Business

HVH Transportation of Denver Closes

Denver-based truckload carrier HVH Transportation Inc. closed its doors on Aug. 27 after a string of financial setbacks, company officials and drivers told Transport Topics.

August 28, 2019
Government, Business

Zero Growth This Quarter Possible With Shutdown, White House Says

White House Council of Economic Advisers Chairman Kevin Hassett said that if the partial government shutdown extends through March, there’s a chance of zero economic expansion this quarter, though “humongous” growth would follow once federal agencies reopen.

January 23, 2019