Transport Topics
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President Donald Trump on March 27 ordered General Motors Co. to make ventilators for coronavirus patients, invoking a federal law that gives him vast powers over industry in crises and acting as the company is within weeks of starting production on the equipment.
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The coronavirus and cheap oil are hitting the fuel business so hard that ethanol plants are shutting down. Some may never come back.
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Officials at the Port of Los Angeles, the nation’s largest, said the facility is operating at about 80% as factories in China slowly come back online, and the U.S. economy struggles amid the coronavirus pandemic.
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Roadrunner Transportation Systems Inc. reported a net loss in the fourth quarter and sharply lower revenue amid challenging market conditions.
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