The once-in-a-century pandemic has unleashed financing fears all over Corporate America that far exceed the 2008 crisis, as executives prep for fresh economic and market pain.
May 6, 2020Search
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Auto-State Lawmakers Mobilize Push to Help Revive Car Industry
A bipartisan group of House lawmakers from states with a large auto industry presence is mounting a push to aid the sector that has idled factories and seen car sales plummet due to the coronavirus.
May 6, 2020IMF: World Needs Two-Decade, $20 Trillion Investment
The International Monetary Fund sees the world needing public investment of more than $20 trillion in the next two decades as nations spend on initiatives including improved healthcare systems, infrastructure and green technology.
May 6, 2020NHTSA Forecasts Slight Increase in Truck Crash Fatalities for 2019
Fatalities in crashes involving at least one large truck are projected to have increased by 1% in 2019, while overall traffic fatalities are projected to see a decline, according to National Highway Traffic Safety Administration estimates.
May 6, 2020Illinois DOT, Volunteers to Offer Free Meals to Truckers
The Illinois DOT is partnering with organizations to provide free meals to commercial motor vehicle operators as a gesture of appreciation to truck drivers during the COVID-19 pandemic.
May 5, 2020CARB Updates Proposal to Speed California’s Transition to Zero-Emission Vehicles
California environmental regulators have issued an accelerated plan to mandate that truck manufacturers transition a portion of their sales from heavy diesel trucks to electric zero-emission vehicles beginning in 2024.
May 5, 2020Oil Extends Recovery on Optimism Supply Cuts Will Trim Glut
Oil’s recovery from last month’s epic plunge accelerated as production cuts start to whittle down a supply glut and more economies ease their coronavirus lockdowns.
May 5, 2020ATRI Survey Reflects Drop in Congestion, Haul Length
Lighter traffic congestion and shorter hauls are some of the outcomes from the coronavirus pandemic’s effect on trucking operations.
May 5, 2020California Sues Uber, Lyft Over Alleged Labor Law Violations
California is suing ride-hailing companies Uber and Lyft, alleging they misclassified their drivers as independent contractors under the state’s new labor law.
May 5, 2020Pelosi Pushes New Aid Deal as GOP Resists Big Spending
House Speaker Nancy Pelosi pressed ahead May 5 with the next coronavirus aid, a sweeping $800 billion-plus package that is expected to be unveiled soon even as the House stays closed while the Senate reopens in the pandemic.
May 5, 2020