Europe’s “Green Recovery” initiative is sparking growing interest in hydrogen, which contains three times the energy of gasoline with zero harmful emissions.
Improving demand and supply disruptions at several production facilities have made polypropylene especially tight in North America with producers requesting accurate forecasts and extended lead times.
Two separate tropical depressions, one in the Atlantic and one in the Caribbean Sea, threaten to grow into hurricanes and strike the Gulf Coast next week.
Four-hundred-million square feet of new warehouse space may be needed to accommodate rising e-commerce sales and increases in inventories by companies adjusting their supply chains due to the pandemic.
Uber and Lyft will continue operating in California for at least a few more months after an appeals court issued a stay of an injunction that would have forced them to end ride-sharing services unless they convert drivers from contractors to employees. The companies are backing a ballot measure in the upcoming election that would provide contract drivers with additional protections but not deem them employees.
Pilotless cargo aircraft could be in commercial operation as early as 2022, enabled by technology from startup Xwing that retrofits existing aircraft for autonomous flight.
While dry van capacity is improving, the bulk trucking sector has worsened, with rising manufacturing activity and low inventories expanding regional tightness into a national capacity shortfall. Clients are advised to provide expanded lead times on orders to help ensure delivery dates will be met.
Freight pricing continues to rise due to capacity constraints and the higher cost of operations due to the pandemic.
The federal deficit has risen a historic 25 percentage points this year to 106% of GDP, but inflation remains in check, defying traditional economic theory.
Apple became the first U.S. corporation to pass $2 trillion in market capitalization as the pandemic accelerates growth of the gig economy:
U.S. businesses have added $1.6 trillion in new debt to their balance sheets during the pandemic, raising corporate debt to record levels that could impair the economic recovery.
Nearly $10 billion worth of infrastructure projects has been canceled or postponed during the pandemic, with government fiscal woes likely to constrain future infrastructure spending.
While new mortgage delinquencies declined in July, delinquencies over 90 days jumped 20%.
Johnson & Johnson is recruiting 60,000 volunteers for the largest Phase 3 test of a vaccine yet, with testing set to begin in September.
While national airline traffic is still two-thirds below normal and improving only modestly this month, Southwest Airlines said it will continue curtailing flights and expects traffic in October to remain down by up to 50%, worse than its earlier estimates of a 30% decline.
With business air travel still moribund, United Airlines is straying outside its hub system and starting 17 point-to-point flights to Florida to serve winter tourists, borrowing a page from discount airlines.
Hawaii, among states hardest hit by the pandemic and desperate to restore its tourism industry, will experiment with “resort bubbles,” where visitors can enjoy a luxury resort experience without enduring the state’s mandated 14-day quarantine.
Despite the pandemic, the fragmented moving industry is booming, with urban dwellers relocating to suburbs and colleges reopening.
To ease the burden of working parents, some major companies are offering educational benefits, such as tutoring services, virtual field trips and search services for nannies and learning facilitators, as a new form of perk.
Latin America, suffering more than 3,000 COVID-19 deaths a day for the past week, saw total deaths top 250,000 yesterday.
Latin American countries make up four of the five countries with the fastest growing infection rates globally:
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