Transport Topics
FedEx’s Fred Smith: It’s Unlikely Company Will Need Federal Help
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FedEx Corp. CEO Fred Smith said during a television appearance that he doesn’t expect his company to seek assistance from the federal government to survive the economic downturn being caused by the spread of the COVID-19 virus.
Report Projects Volkswagen to Be First to Profit From Manufacturing Electric Vehicles
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A new report picks Volkswagen as the first incumbent global carmaker to make money selling electric vehicles, with profits expected to arrive by 2022.
Coronavirus Concerns Force Cancellation of Mid-America Trucking Show
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Due to concerns over the impact of the coronavirus pandemic, officials with the Mid-America Trucking Show announced on March 12 the show scheduled for March 26-28 in Louisville has been canceled.
Stocks Sink in Worst Day Since 1987
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U.S. stocks tumbled, with benchmark gauges posting their worst drop since 1987, as investors signaled the Federal Reserve’s extraordinary bond-buying measures, and President Donald Trump’s economic proposals, won’t be enough to counter the economic impact from the coronavirus.
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