April 2, 2020 Facebook  Instagram  Twitter  LinkedIn
TGA Industry News Briefs
ADVERTISEMENT
24-7
TOP NEWS

Key Info on the Stimulus Package – Text, Summary, Webinar Recording

TGA
On March 27, President Trump signed the CARES (Coronavirus Aid, Relief, and Economic Security) Act into law. On March 31, TGA held a webinar (recording/slide deck) on the stimulus bill to provide members with more details and information on how to access the stimulus package. Please see a detailed summary of the stimulus bill here. And please remember to check the TGA COVID-19 info page for up-to-date info relevant to our industry.

We Need Your Help: Send Letters on Demurrage/Detention Fees (Draft Below)

TGA

TGA created a draft template letter for companies to use to urge the Federal Maritime Commission (FMC) to immediately adopt, as written, its proposed rule on imposing detention/demurrage fees (summary). Immediate implementation of the rule is critical as cargo gets stuck in ports and empties get stuck at DCs due to the coronavirus. TGA urges you to email the letter to every FMC Commissioner and their staff:

Michael Khouri (Chairman)mkhouri@fmc.gov
John Moran jmoran@fmc.gov
Rebecca Dyerdye@fmc.gov
Robert Blairrblair@fmc.gov
Daniel Maffeidmaffei@fmc.gov
Katy Primosch kprimosch@fmc.gov
Louis Solalsola@fmc.gov
Cory Cinqueccinque@fmc.gov
Carl Bentzelcbentzel@fmc.gov
John DeCrostajdecrosta@fmc.gov

ADVERTISEMENT
Olivet

What Will Travel Look Like After Coronavirus?

CNN

As movement around the world grows more and more restricted, it's hard to imagine what travel will look like when it eventually ramps back up. The staggering global scale of the coronavirus pandemic makes it especially devastating, but the travel industry has rebounded from past crises and experts believe it will bounce back again. READ MORE

How Can’t-Close Retailers Are Keeping Workers Safe

HARVARD BUSINESS REVIEW

Workers at grocery stores, pharmacies, convenience stores, and other “can’t close” retail businesses are working overtime and risking their own health to keep the rest of us in food, medicine, and toilet paper. The companies they work for need to take care of them in order to keep both them and us safe. READ MORE

ADVERTISEMENT
Advertisement TRAVEL SENTRY

What the $2 Trillion U.S. Stimulus Package Means for Travel Businesses

SKIFT

President Donald Trump last week signed what is now known as the CARES Act, a massive $2 trillion stimulus meant to keep the U.S. economic engine running despite concerns about coronavirus. All kinds of businesses have the right to make claims. But travel is at the forefront, with legislators creating special piles of money for industries hit hardest, including airlines, airports, and even travel agents. Here are some potential winners and losers in the government’s new law. READ MORE

We Need Amazon During the Coronavirus. That’s a Problem

THE NEW YORK TIMES

Though the cracks in bricks-and-mortar retail began forming years ago, the widening coronavirus outbreak stands to hasten physical retail’s decline and strengthen the monopoly hold of Amazon and other online giants. Such a consolidation of power among just a few retailers threatens to leave consumers with higher prices and less choice. READ MORE

How to Store Your Travel Gear

THE NEW YORK TIMES

There’s no better time to herd those neck pillows, international adapters and 3.4-ounce bottles into formation, even if they’re not actively being used. READ MORE

Billionaire Mark Cuban Just Gave Businesses a Valuable Lesson in Crisis Leadership

INC.

Billionaire Mark Cuban urges companies to think beyond the short-term revenue gains of bringing employees back to work. "Not only is it a safety issue, it's a business issue," he warned companies recently on CNBC. The decisions you make now will directly affect the safety and potential health of your employees. Do you want to develop a reputation as the employer that prioritized stakeholder demands over taking care of the people who make and sell your goods? READ MORE

##TrackImpression##