Economics
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Commentary: Why airlines are giving freight the window seats
Passenger aircraft are being used to fly essential cargo between continents. Learn more about what the airlines are doing to survive and to assist key…
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Canadian freight ‘falling off a cliff’; can 75% wage subsidy help?
“A lot of carriers could go into bankruptcy without help,” Energy Transportation Group CEO says. But a 75% wage subsidy from the Canadian government offers…
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Stimulus bill awards $58 billion to stabilize airline industry
Airlines were among the big industry winners when the smoke lifted and Congress finalized a $2 trillion economic stimulus package to deal with economic fallout…
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Airlines face $250 billion revenue hit in 2020, IATA says
The International Air Transport Association had sobering news about the financial prospects for airlines this year: a quarter-trillion dollars in lost revenue.
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An open letter to the Supply Chain Caucus of the U.S. House of Representatives
Brian Aoaeh is a contributor of commentaries to FreightWaves. Last week he wrote Commentary: Supply Chain Caucus established in U.S. House of Representatives. That spurred…
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Could we see 20% unemployment in 2020?
Treasury Secretary Mnuchin stated the US unemployment rate may reach 20% in the short term if significant fiscal stimulus action was not taken. We estimated…
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Class 8 truck production could fall to less than half of 2019
ACT Research cannot model downturn scenarios fast enough for Class 8 trucks, but high inventory levels make the coronavirus crisis a good time to take…
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Amazon to add 100,000 workers, accepting only household and medical supplies into centers
Amazon.com, Inc. plans to add 100,000 workers, increase hourly wages and limit items received into its fulfillment centers in response to the coronavirus outbreak.
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Tricky technicalities inhibit shipping medical marijuana
Transporting legal marijuana and related products remains difficult. Learn why in this article.
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What happens to freight and rail rates after coronavirus disappears? (with video)
Head of academic center sees spike in rates, or continued pain through the sector.
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