Sales of new U.S. homes unexpectedly rose in February after a downward revision to the prior month, suggesting the housing market is beginning to stabilize after a tumultuous year
March 23, 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.
Vote on FAA Nominee Delayed Amid GOP Opposition
A vote on President Joe Biden’s choice to run the Federal Aviation Administration was delayed indefinitely March 22 in the face of an opposition blitz by Republicans, who say the nominee lacks enough experience in aviation to lead the agency, which is under pressure to stem a surge in dangerous close calls between planes.
March 23, 2023Norfolk Southern CEO Alan Shaw Grilled on Safety Measures
WASHINGTON — A bipartisan consensus that Congress should toughen railroad regulations emerged March 22 as senators heard fresh testimony on February's fiery hazardous train derailment.
March 22, 2023Congress Addresses Freight Safety Proposals
In reviewing the connectivity of the country’s supply chain, the leader of the freight policy committee in the Senate called for modernizing transportation systems to improve safety.
March 22, 2023Work Begins to Expand Key Texas-Mexico Entry for Trucks
Construction has begun on a new commercial inspection and processing facility to make it easier and faster for truckers to bring freight through Anzalduas Port of Entry.
March 22, 2023EV Battery Aid Hangs in Balance as US Finalizes Climate Law
The interpretation of a regulation by the Treasury Department could upend expectations for how tens of billions of dollars in new electric vehicle tax incentives will be distributed.
March 22, 2023Fed Raises Key Rate by Quarter-Point Despite Bank Turmoil
WASHINGTON — The Federal Reserve extended its yearlong fight against high inflation March 22 by raising its key interest rate a quarter-point.
March 22, 2023VTNA Supplier to Open North American HQ in Virginia
A European-based component supplier to Volvo Trucks North America is locating its new North American headquarters near the vehicle maker’s production factory in Virginia’s New River Valley — a move that the state’s governor praised for bringing a jolt to the region’s business community.
March 22, 2023Biden Limits US Funds for China Chipmakers
The Biden administration unveiled tight restrictions on new operations in China by semiconductor manufacturers that get federal funds to build in the U.S.
March 21, 2023UCR Fees to Decline by 9% in 2024, FMCSA Says
Fees for Unified Carrier Registration Plan participants in 2024 will be reduced by approximately 9% compared with 2023 fees, the Federal Motor Carrier Safety Administration announced.
March 21, 2023