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.
On March 31, TGA member CEOs joined almost 400 other company CEOs in urging President Trump to implement a 90-day duty deferral and relief from China tariffs.
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:
Texas Gov. Greg Abbott signed an executive order last week that would require travelers from some coronavirus hotspots to self-quarantine. Other states have imposed similar orders. These orders implicate one of the fundamental premises of the union among the 50 states: the right of American citizens to travel among them freely. READ MORE
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
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
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
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
Millions of Americans are currently under stay-at-home orders, part of a wider effort to curb the spread of the coronavirus that causes COVID-19, causing international air travel to plummet. But within the U.S., thousands of domestic passenger flights are still taking off each day. READ MORE
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 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
Now is precisely the wrong time to stop marketing. But you do need to market differently. In this post, you’ll learn 12 tips for staying connected with your prospects and customers during the days of frayed nerves and social distancing. READ MORE
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