World stocks pulled back further on Friday on grim U.S. economic data, mixed company results and President Donald Trump's threat to impose new tariffs on China over the coronavirus crisis. British Airways operator IAG shed another 2.6% as details of its plans to cut staffing, including a quarter of its pilots, to weather the collapse in air travel caused by the coronavirus. The negative sentiment was set by comments from Trump on Thursday that he was concerned about China's role in the origin and spread of the novel coronavirus and that his hard-fought trade deal with China was now of secondary importance to the pandemic....
(Bloomberg) -- A program created by Donald Trump’s son-in-law Jared Kushner has airlifted millions of gloves, masks and other coveted coronavirus supplies into the U.S. from overseas -- but it isn’t clear who’s getting them and at what price, or how much private-sector partners are earning through the arrangement.Kushner’s “Project Airbridge” provides transportation via FedEx Corp. and others for supplies that medical distributors, including McKesson Corp. and Cardinal Health Inc., buy from overseas manufacturers, mainly in China. Once a supplier’s goods arrive in the U.S., the companies must sell half the order in government-designated hotspots. They sell the rest as they see fit.The U.S. government provides the air transportation for free, to speed the arrival of the products. The six distributors keep the profits, if any.The program has won praise from some states, where officials say it provided hard-to-find supplies at a critical time in the Covid-19 outbreak, even if it...
“Cash is king” is a phrase that applies to just about anything, but it does not apply to paying for your toll. With the ever-changing toll landscape and the rise of all-electronic tolling, the preferred method of payment for most toll facilities is the transponder, and now more than ever, developing a transponder-based approach to toll management has a number of significant benefits for fleets. ...
PPG recently launched the DELFLEET ONE® paint system, its next generation coatings technology for commercial vehicles. One of its major features is the industry’s lowest VOC ratings for a paint system of its kind, but beyond that, J.J. Wirth explains how this newer technology is designed to meet the current and future needs of users of commercial paint systems. ...
Fleets have a powerful tool to navigate the new landscape of the COVID-19 pandemic with advanced routing, driver monitoring, and remote management: a telematics solution. ...
