DOT providing $871 million for highway disaster relief
Puerto Rico getting 25% of money in wake of 2017 hurricanes.
Puerto Rico getting 25% of money in wake of 2017 hurricanes.
Retail sales rebounded in March after declining in each of the previous three months. This rebound is a return to normal for the retail sector after some volatility in spending following the hurricane season.
For the second time in just over a month, Canada’s TFI International has chipped to help the relief and rescue efforts of those devastated by a hurricane in the U.S.
As Hurricane Irma continues to move through the Southeast, some of its impacts are now being assessed, and they are likely to disrupt operations for many for days and weeks to come.
A natural disaster can rarely be called a benefit, but there are positives for the transportation industry and its investors from the double hit the nation took from Hurricanes Harvey and Irma. From higher stock prices to higher rates, trucking may be poised to reap many benefits from the storms.
Hurricane Irma was already impacting Florida on Saturday afternoon with the storm forecast to come ashore Sunday morning. The track of the hurricane is now expected to take it through Florida and into Georgia, South Carolina and possibly Alabama and Tennessee by Wednesday.
Ports were closed and Florida highways were jammed with people on Friday fleeing Hurricane Irma, as the Category 4 storm approached the state.
Hurricane Irma has remained a Category 5 storm as it continues its path towards the U.S. A slight eastward shift of the projected path has not changed the danger for Florida from the storm, but it has brought South Carolina, North Carolina and Georgia more in play for a possible direct hit.
The latest guidance on Hurricane Irma is suggesting that the storm is more likely than not to strike the east coast of Florida or the Southeast U.S., with effects first being felt on Sunday, according to supply chain risk analysis firm Riskpulse’s latest Watchtower Alert.
Over the past few days, we have received a large number of inbound requests asking for thoughts on Irma and what fleets can expect. Whenever a major hurricane strikes, logistics relief efforts follow a similar process.
Hurricane Irma intensified overnight and is now a Category 5 hurricane in the Atlantic on a possible course for the East Coast of the United States. According to Riskpulse, interests along the East Coast, particularly Florida, should be closely monitoring the storm for potential impacts by this weekend.
Just as the nation recovers from Hurricane Harvey, there is another tropical system brewing that has the potential to impact the U.S.