Treasury Secretary Steven Mnuchin said the U.S. shouldn’t shut down the economy again even if there is another surge in coronavirus cases.
June 11, 2020Search
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Unveiling the 2020 Top 100 For-Hire Carriers
The COVID-19 pandemic has transformed 2020 into a challenging and unprecedented year for the trucking industry, but at least for now, Transport Topics' annual ranking of the largest for-hire carriers in North America remains fairly stable.
June 22, 2020US Business Debt Soars by Record on Bond Issuance, Loans
U.S. nonfinancial business debt soared in the first quarter by the most in records back to 1952, as bank loans and corporate bond issuance jumped in companies’ all-out effort to stay liquid during the coronavirus pandemic.
June 11, 2020Transportation Funding Bill Part of Congress’ Summer Agenda
Agencies that oversee freight and passenger transportation policies will gain a clearer outlook for the next fiscal year when Congress this summer considers its annual funding legislation for the U.S. Department of Transportation.
June 11, 2020Satellite Firm Develops Long-Distance System for Delivery Drones
Inmarsat Group Holdings Ltd. says it has found a way to safely fly civil drones over long distances, a step that may help pave the way for mass adoption by industries from transportation to energy and infrastructure.
June 11, 2020Jobless Claims Extend Gradual Decline, Remain Elevated
Applications for U.S. unemployment benefits gradually eased last week despite a stream of business reopenings, underscoring the longer-term labor-market challenges caused by the coronavirus pandemic.
June 11, 2020Disaster Management Expert Emphasizes Flexibility, Communication
Managing crises such as the coronavirus pandemic requires communication, planning and flexibility, said Ed Emmett, senior fellow at Rice University’s Kinder Institute for Urban Research.
June 11, 2020Fed Sees Interest Rates Near Zero Through 2022
The Federal Reserve pledged to maintain at least the current pace of asset purchases and projected interest rates will remain near zero through 2022, as Chairman Jerome Powell committed the central bank to using all its tools to help the economy recover from the coronavirus.
June 10, 2020German Government Agrees on National Hydrogen Strategy
The German government agreed June 10 on a long-term strategy for increasing production and use of hydrogen as part of a plan to cut the country’s greenhouse gas emissions.
June 10, 2020Perspective: Federal Excise Tax Relief Can Aid Recovery
The coronavirus pandemic has changed the world. In the United States it altered the way our country operates and wreaked havoc on American businesses, but leaders in Washington responded with actions that helped mitigate the damage. I applaud these efforts and am confident that our economy will bounce back. But the work is not done.
June 15, 2020