While the United Auto Workers union hammers out a new deal with GM and battery manufacturer Ultium Cells, workers are pointing to safety hazards as a key issue in the negotiations.
July 7, 2023Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Hiring Slowed but Continued Growth With 209,000 Jobs in June
America’s employers pulled back on hiring but still delivered another month of solid gains in June, adding 209,000 jobs, another sign of the economy's resiliency.
July 7, 2023Rail Industry Sues Ohio Over Crew Size Rule
COLUMBUS, Ohio — The railroad industry has sued to block a new minimum crew-size requirement that Ohio imposed after a fiery train derailment in East Palestine in February.
July 6, 2023Q2 Deliveries Reflect Surge in Momentum, Nikola Says
Nikola Corp. delivered 45 battery-electric trucks wholesale and 66 trucks retail in the second quarter, the company announced July 5.
July 5, 2023Diesel Prices Drop 3.4¢ to $3.767 a Gallon
Diesel prices dropped another 3.4 cents to a national average of $3.767 per gallon, according to weekly data released by the Energy Information Administration July 3.
July 4, 2023Key Inflation Gauge Hits Two-Year Low in May
An inflation index that is closely monitored by the Federal Reserve tumbled in May to its lowest level since April 2021, pulled down by lower gas prices and slower-rising food costs.
June 30, 2023Supply Chain Legislation Awaits Votes in House, Senate
With the congressional August recess fast approaching, senior transportation policymakers are calling for passage of several big picture supply chain-centric bills.
June 29, 2023GDP Growth in Q1 2023 Revised to 2%
Showing resilience in the face of higher interest rates, the U.S. economy grew at a 2% annual pace from January through March as consumers spent at the fastest pace in nearly two years.
June 29, 2023Carmaker Lobbying Group Pushes Back on EPA Pollution Plan
The Biden administration’s proposal to crack down on vehicle pollution with strict tailpipe emission limits isn’t achievable by 2032, according to an auto industry trade group.
June 29, 2023USDA Offers Up to $500 Million in Biofuel Grants
Agriculture Secretary Tom Vilsack announced that up to $500 million in federal funds are available to boost supplies of American-made biofuel.
June 28, 2023