Re-Energized Hurricane Dorian Rakes the Southeast Coast
Re-energized at 115 mph, Hurricane Dorian raked the Southeastern U.S. coast with howling, window-rattling winds and sideways rain Sept. 5, knocking out power to more than 200,000 homes and businesses as it pushed northward toward North Carolina’s dangerously exposed Outer Banks.
Florida Gov. Ron DeSantis Declares State of Emergency Ahead of Hurricane Dorian
Florida Gov. Ron DeSantis has issued an emergency declaration in preparation of Hurricane Dorian, giving state agencies license to waive certain commercial motor vehicle requirements.
‘Back-Loaded’ Hurricane Season Bearing Down on US Coast
Don’t be lulled by a quiet June and July, the real Atlantic hurricane season is about to kick off.
HOS Rules Relaxed as Hurricane Michael Makes Landfall
The Federal Motor Carrier Safety Administration relaxed hours-of-service regulations in eight states as Hurricane Michael made landfall Oct. 10, battering the Florida Panhandle with 155 mph winds.
Unemployment Drops to 4.1%; Trucking Employment Flat
The national unemployment rate fell 0.1 percentage point in October to 4.1%, the lowest level since December 2000, according to the U.S. Department of Labor’s Bureau of Labor Statistics.
Dallas Fed: Harvey’s Economic Damage Temporary; Recovery Boosts Demand
It appears Hurricane Harvey will inflict little long-term disruption on the Texas regional economy, which continued to expand at a “moderate pace” over the past six weeks despite the giant storm, according to a report Oct. 18 from the Federal Reserve Bank of Dallas.
Service Industries Index at 12-Year High Following Storms
America’s service industries expanded in September at the fastest clip in 12 years, signaling vibrancy across the bulk of the economy following two major hurricanes, a survey from the Institute for Supply Management showed Oct. 4.
Companies Add Fewest Workers in Nearly a Year, ADP Says
Companies last month added the fewest number of workers in nearly a year, reflecting a hit to the U.S. job market from hurricanes Harvey and Irma, according to data released Oct. 4 from the ADP Research Institute in Roseland, New Jersey.
October 4, 2017Spot Market Activity Still Bustling One Month After Devastation of Harvey, Irma
One month after two devastating hurricanes ripped through Texas and Florida, spot market activity remains hectic across the country, setting records along the way.
Hurricanes Likely to Trim Penske Earnings
Penske Automotive Group Inc. estimated hurricane-related losses, expenses and business interruption (net of expected insurance proceeds) will reduce earnings per share by 4 cents to 5 cents for the three months ended Sept. 30, according to the company.
October 2, 2017