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Trucking Takes The Long Winding Road Downwards

When COVID-19 first hit, Tali Haleua, founder of Fuelogistics from Salt Lake City, Utah, thought he could get by for a few weeks covering expenses out of pocket, but then the lockdowns dragged on. Eventually, he had to lay off all 10 of his employees. Now his trucks are sitting […]

Worst jobs report in history: Furloughed workers are key to a rebound

U.S. employers shed 20.5 million jobs in April, the worst monthly loss in history, underscoring how intensely the coronavirus crisis disemboweled the U.S. economy and upended American lives at the height of the pandemic.  The drop wasn’t as steep as the consensus among economists. Still, the Labor Department’s report indicates […]

Five Things to Watch For In Friday’s ISM Report

April 29, 2020 The Institute for Supply Management’s Report on Business releases details on the U.S. manufacturing sector on Friday. Economists estimate that the report may show numbers similar to the 2009 crash. The index, based on a survey of U.S. manufacturing companies, has not reflected the extent of the […]