American Trucking Association calls on government to deem vehicle supply entities ‘essential’ amid Coronavirus restrictions
Six trade associations representing the transportation industry, including the American Trucking Association, called on state and local governments March 17 to consider the importance of motor vehicle supply and repair facilities in implementing orders to close nonessential businesses as a result of the coronavirus. According to the letter sent to the National Governors Association, National
Larson Electronics touts surface-mount UV lights’ ability to disinfect surfaces from Coronavirus
Larson Electronics says its line of surface mount UVC lights are specifically designed to disinfect busy environments and facilities from viruses like the COVID-19 Coronavirus without contact. The company says these units can be permanently installed on surfaces or ceilings (depending on the model) and serve as a sanitation area for devices and equipment. The
ACT Research: COVID-19 has little impact on February CV data, future impact expected
According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, Class 8 inventory-to-sales ratio, seasonally adjusted, hit 3.5 months in February, while the Classes 5-7 inventory-to-sales ratio dropped from a “highest in a decade” in January to 3 months in February. “From a current data perspective, regardless of source, February marks
Freight transport industry will suffer due to Coronavirus, Moody’s report says
According to Moody’s Investors Service, the freight transport industry will suffer supply chain disruptions due to the Coronavirus, ultimately affecting the intermodal business of railroads and truck carriers. In a March 16 report, Moody’s says auto suppliers and the transportation industry lands in the “high exposure” category of Moody’s Coronavirus heat map, indicating potential near-term
Foodservice distribution industry seeks federal financial relief due to Coronavirus impact
The International Foodservice Distributors Association (IFDA) recently sent a letter to President Donald Trump regarding the dire scope of financial hardship prompted by COVID-19 which has negatively impacted restaurants, schools, hotels and the distributors who supply them. The following is a statement from IFDA CEO, Mark Allen. “COVID-19’s economic impact on the foodservice distribution industry
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Larson Electronics highlights handheld UVC lamps designed to sanitize surfaces from Coronavirus
Larson Electronics has announced its handheld UVC fluorescent lamps are designed to sanitize and disinfect a wide range of surfaces, such as work stations, equipment, tables, machines, keypads, computers and more, from coronavirus. The company says UVC lights can kill up to 99% of harmful bacteria and viruses, including the COVID-19. It can do this
NAFA announces new dates for Institute & Expo due to Coronavirus concerns
NAFA Fleet Management Association (NAFA) has announced its 2020 Institute & Expo conference is rescheduled for Sept. 18-20 in Indianapolis, IN. Due to the escalation of severity with COVID-19 and the new federal government recommendations and CDC guidelines, NAFA Fleet Management Association’s board of directors met last week and agreed to postpone the NAFA 2020
UPDATED: FMCSA expands hours-of-service regulatory relief to commercial vehicles in response to coronavirus
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) has issued an expanded national emergency declaration to provide hours-of-service regulatory relief to commercial vehicle drivers transporting emergency relief in response to the nationwide coronavirus (COVID-19) outbreak. This declaration is the first time FMCSA has issued nation-wide relief and follows President Trump issuing a
Coronavirus causes changes to ACT Research freight outlook
The ongoing worldwide outbreak of the COVID-19 strain of the coronavirus has caused updates to ACT Research‘s recently released March installment of the ACT Freight Forecast, U.S. Rate and Volume Outlook report. “There’s not much freight in a basketball game, and the outlook for capacity is tighter, as COVID-19 and financial volatility will likely further
FTR reports COVID-19 virus brings down February trailer orders 45% y/y
Trailers order activity for February felt the impact of the COVID-19 virus, FTR reports, sliding to a paltry 13,000 units, the lowest total for the month of February since the recession year of 2009. February 2020 trailer orders were down 20% m/m and 45% y/y. Trailer orders have now totaled 184,000 units for the past
The impact of coronavirus on the North American truck market
The global spread of the COVID-19 strain of the coronavirus has required ACT Research to do a foundational reassessment of near-term economic expectations, and by extension, North American commercial vehicle demand, the firm has shared. “Starting in the second half of February, COVID-19 went from a China containment story to one of spiraling pandemic,” said