CARES act
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Modern Shipper
Return of Roaring ’20s? Dip in retail sales could set up big spring
Census Bureau data showed a decline in February sales, but levels remain elevated from a year ago as new stimulus hits
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Air Cargo
Airlines reinstate collection of federal excise tax for air cargo
Airlines operating in the U.S. are once again collecting the federal excise tax on freight shipments that were suspended for most of last year to…
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American Shipper
The American Shipper Top 10: Containers overboard, stock selloffs, and an air rebound
Top 10 lists dominate the end of any year. American Shipper’s Top 10 stories list is voted on throughout the year by readers simply by…
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American Shipper
US airlines drop 36,700 jobs after CARES Act ends
Airlines shed nearly 10% of their workforce in October.
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Air Cargo
Atlas Air refuses to repay US bailout funds
Atlas Air says it faced hardships during the coronavirus pandemic, making it eligible for emergency airline aid from Congress despite a massive growth in business.
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Air Cargo
House committee slams airline contractors for layoffs after COVID aid
Ground handling companies, with the help of Trump administration officials at the Treasury Department, took CARES Act aid designed to keep workers employed and still…
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Air Cargo
House Democrats try to claw back COVID aid from cargo airlines
Air cargo companies are raking in revenues this year. It might be a bad time to ask for a handout from the government.
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Air Cargo
American Airlines to chop 19,000 jobs amid travel slump
The CARES Act was a Band-Aid for the airline industry, holding tens of thousands of jobs in place for a brief period. Now the Band-Aid…
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News
Commentary: With PPP loans ended, what comes next?
Now is a good time for carriers that boosted their balance sheets with PPP loans to leverage that by investing in technology.
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Infographics
Daily Infographic: Post-CARES Act unemployment rate
To view more infographics, click here.
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