ºÚÁϳԹÏÍøbuilders have pumped the brakes on new single-family home construction this year, a trend that’s likely to extend into 2023, according to several forecasts.
December 8, 2022Search
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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.
Trade Panel’s Resolution on Car Content Rules in Favor of Mexico, Canada Over US
A trade dispute resolution panel sided with Mexico and Canada over the U.S. on rules for cars shipped across regional borders, potentially giving more incentive to make auto parts in those nations.
December 8, 2022Bhatt Confirmed to Lead Federal Highway Administration
Shailen Bhatt was confirmed as the 21st administrator of the Federal Highway Administration by the U.S. Senate, the Department of Transportation announced Dec. 8.
December 8, 2022ATA, Others Oppose Bill That Would Drop Renewable Diesel Labeling
American Trucking Associations and the Truckload Carriers Association have asked U.S. Senate leaders to block legislation that aims to eliminate fuel pump labeling requirements for renewable diesel fuel, a move the groups contend would cause confusion for motor carriers regarding what’s being pumped into their trucks’ tanks.
December 8, 2022Biden Announces $36 Billion for Central States Pension Fund
President Joe Biden’s administration on Dec. 8 announced the infusion of nearly $36 billion to shore up a financially troubled union pension plan, preventing severe cuts to the retirement incomes of about 350,000 Teamsters workers and retirees across the United States.
December 8, 2022Keystone Pipeline Is Shut Down After Oil Spills Into Creek
The Keystone oil pipeline system, a major conduit linking Canada to the U.S. Gulf Coast, was shut down after crude leaked into a creek in Kansas.
December 8, 2022US Transport Sidesteps China’s COVID Spike Impacts for Now
China’s experience with another outbreak of the coronavirus and related protests could have a downstream impact on domestic transportation.
December 8, 2022Large Rail Union Rejects Deal
OMAHA, Neb. — The U.S.’s third-largest railroad union rejected a deal with employers Oct. 10, renewing the possibility of a strike that could cripple the economy. Both sides will return to the bargaining table before that happens.
October 11, 2022Coast Guard Faults Pilot in Chesapeake Bay Ship Grounding
A Coast Guard investigation into the grounding in March of a cargo ship in the Chesapeake Bay faulted the pilot tasked with helping the ship navigate the waterway.
December 7, 2022Secretary Buttigieg Lauds Workers at UPS Worldport Hub
Transportation Secretary Pete Buttigieg hailed UPS Worldport workers in Louisville during a Kentucky stop where he rode with a truck driver and toured facilities.
December 7, 2022