hurricane News Updates

Business

Jobless Claims Decline as Hurricane Harvey Impact Fades in Texas

Applications for unemployment benefits in the U.S. unexpectedly declined last week as the Hurricane Harvey-related surge in Texas filings continued to reverse, Labor Department figures showed Sept. 21.

September 21, 2017
Business, Fuel

Oil Jumps After US Gasoline Stockpiles Plunge to 22-Month Low

Oil advanced to the highest level since May after U.S. gasoline stockpiles plunged to a 22-month low and exports of crude and fuels surged.

September 20, 2017
Business, Equipment

Floodwaters Bring Warnings of Damaged Truck Components

Brakes, diesel particulate filters, electronics and wheel-ends are some of the key components that fleets should inspect on their vehicles as they recover from flooding brought on by hurricanes Harvey and Irma, experts said, adding that without remediation safety component failures are likely to surface in a matter of months.

September 20, 2017
Business

Existing-°®¶¹´«Ã½ Sales Fall to a One-Year Low After Hurricane Harvey

Sales of previously owned U.S. homes declined to a one-year low in August as affordability continued to hamper demand and Hurricane Harvey caused a slump in Houston-area purchases, a National Association of Realtors report showed Sept. 20.

September 20, 2017
Government

FHWA Gives Florida DOT $25 Million for Irma Relief

Florida’s Department of Transportation will receive $25 million in federal funding for relief efforts in the wake of the damage caused by Hurricane Irma.

September 18, 2017
Business

°®¶¹´«Ã½builder Sentiment Falls on Storm-Related Supply Concern

Sentiment among America’s homebuilders fell more than forecast in September as companies grew concerned about the cost of construction materials and labor shortages in the wake of Hurricanes Harvey and Irma, according to data Sept. 18 from the National Association of °®¶¹´«Ã½ Builders/Wells Fargo.

September 18, 2017
Business

Concerns About Hurricanes Dent American Consumer Sentiment

U.S. consumer sentiment dipped in September as Americans expressed concern about the economic and inflationary impact of Hurricanes Harvey and Irma, University of Michigan survey data showed Sept. 15.

September 15, 2017
Business, Fuel

Oil Gains as Irma Weakens to Storm While US Refining Returns

Oil rose as Irma weakened to a tropical storm after hitting Florida, while Gulf Coast refining continued to recover following storm Harvey.

September 11, 2017
Business, Fuel, Logistics

Gas Shortage Shifts From Texas to Florida

Truckers who hauled gasoline to Texas last week from Florida may run the same route in reverse next week as Hurricane Irma bears down on the Sunshine State.

September 8, 2017
Business, Safety, Logistics, TCA

FedEx Temporarily Suspends Some Services in Parts of Florida, Prepares for Post-Irma Aid

FedEx temporarily suspended some services in South Florida Sept. 7 and geared up to help with recovery wherever Hurricane Irma makes landfall.

September 8, 2017