Spoiled for choice before the pandemic, North American shoppers are finding they can’t get everything they want as grocery stores ration in-demand items to safeguard supplies.
April 22, 2020Search
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Facebook’s $6 Billion India Bet Kindles E-Commerce War With Amazon, Walmart
Facebook Inc.’s $5.7 billion investment in a unit of India’s Reliance Industries Ltd. creates an e-commerce leviathan to take on Amazon .com and Walmart Inc. in one of the world’s most competitive internet arenas.
April 22, 2020March Container Volumes Fall Sharply at Nation’s Major Ports
The nation’s major ports suffered the full economic impact of the coronavirus in March as global trade practically came to a halt.
April 22, 2020As Residents Stay °®¶¹´«Ã½, State DOT Work Presses On
Despite the coronavirus pandemic, many state transportation construction programs are progressing on schedule and, in some cases, have exceeded timeline expectations.
April 22, 2020Trucking to Play Critical Role in Restarting Economy, ATA’s Chris Spear Says
The trucking industry will play a critical role in the development and implementation of plans to restart the country’s struggling economy, American Trucking Associations President Chris Spear said.
April 21, 2020Senate Approves $484 Billion in Additional Coronavirus Aid
The Senate approved a new $484 billion pandemic relief plan with funds for a tapped-out small business aid program, and aid for coronavirus testing and overwhelmed hospitals. A House vote is expected as soon as April 23.
April 21, 2020Freight Groups Push for Inclusion in ‘Heroes Fund’
Two groups integral to the distribution of fuel in the country called on Congress to include them in a proposal that would provide essential personnel $25,000 in compensation during the pandemic.
April 21, 2020OPEC+ Ministers Hold Impromptu Call to Reflect on Price Rout
Oil ministers from the OPEC+ coalition held an unscheduled conference call on April 21 to discuss the collapse in crude prices, though a closing statement signaled they didn’t settle on any new policy measures.
April 21, 2020China’s Air Travel Rebound Stalls on Lack of Leisure Demand
A recovery in demand for flights within China is stuck at about 45% of pre-coronavirus levels as people continue to shun leisure trips after the outbreak.
April 21, 2020Border Restrictions Extended; Trucking Remains Exempt
The Department of °®¶¹´«Ã½land Security recently extended travel restrictions that apply to the Canadian and Mexican borders to prevent the further spread of COVID-19.
April 21, 2020