°®¶¹´«Ã½

The leadership of the Port Authority of New York and New Jersey is seeking $1.9 billion in federal assistance, joining the growing list of ports asking Washington for aid as the coronavirus wreaks havoc on business at those facilities.

Stocks sank to their worst week since the financial crisis of 2008 as traders went into full retreat out of fear that the coronavirus will plunge the U.S. and other major economies into deep recessions.

The leaders of American Trucking Associations, FedEx Corp., UPS Inc. and the U.S. Postal Service are asking the White House to ensure that measures taken by federal, state and local governments to slow the spread of the coronavirus do not hinder their efforts to deliver needed goods to citizens.

Officials in multiple states have lifted restrictions on truck weight limits to allow delivery vehicles involved in emergency relief efforts to accommodate more freight during the coronavirus pandemic.

The National Transportation Safety Board says two drivers, Tesla and lax regulation of new partially automated driving systems are to blame for a fatal 2019 crash in Florida involving a Tesla on Autopilot.

Automakers and parts suppliers both asked lawmakers for stimulus measures to help the U.S. car industry cope with the coronavirus, with President Donald Trump signaling he’s willing to assist the sector.

Following similar action along the Canadian border, the White House has closed the United States’ border with Mexico to nonessential traffic, but is exempting trade and commerce from the ban.

Autonomous technology developer Anthony Levandowski has pleaded guilty to federal theft of trade secrets charges, according to documents filed in federal court March 19.

Economists are warning that the sudden halt of business activity in the United States caused by the COVID-19 virus will take a serious toll on the economy in the months ahead, and may send the country into a recession.

Congressional leaders announced efforts to draft an economic stimulus package of up to $1 trillion meant to assist portions of the transportation sector, the supply chain and consumers anticipating financial turmoil as a result of the coronavirus pandemic.