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Hurricane Irma's late shift to the west seems to have spared Florida the worst of the storm, but even with reduced impact, its effects are widespread.
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Certain federal motor carrier regulations have been suspended in some Western states due to large wildfires, as governors have declared officials states of emergency in Oregon, Washington, California, Montana, and the Dakotas.
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Hurricane Irma, already one of the most powerful hurricanes to ever develop in the Atlantic, will likely make landfall on the U.S. mainland by the end of the week. In preparation, state and federal agencies are already declaring an emergency on the ground.
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Houston's auto auctions have begun assessing the impact of Hurricane Harvey so they can resume full business activity to supply replacement vehicles for those who lost cars, trucks, and SUVs in the flood.
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While market watchers agree that Hurricane Harvey's impact stretches beyond Houston-area automotive business, estimates on exactly how many vehicles will need to be replaced vary between half a million and million vehicles, including as many as 18,500 fleet vehicles.
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Heavy flooding from what is now Tropical Storm Harvey has disrupted commercial fleets in the Houston area, as corporations and fleet management companies have begun reaching out to their employees and fleet drivers to ensure their safety and assess damage to fleet vehicles.
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UPS and FedEx have both pledged $1 million through charitable foundations in support of recovery efforts in Texas and Louisiana following the devastation from Hurricane Harvey.
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With the National Weather Service calling Hurricane Harvey "unprecedented" and "beyond anything experienced," hundreds of highways are closed, trucking is already mobilizing relief, and at least one trucker was among the thousands who had to be rescued over the weekend.
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Parts shortages caused by a pair of earthquakes in Japan has caused General Motors to shut down four North America assembly plants for two weeks, the company has announced.
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Toyota will shut down most of its production of Toyota, Lexus, and Hino vehicles over the coming week, after a pair of deadly earthquakes rocked Japan and caused parts shortages for the automaker.
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