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Three of 12 Rail Unions Announce Tentative Deal

OMAHA, Neb. — Three of the 12 unions negotiating with the nation’s biggest freight railroads have reached a tentative deal that will deliver 24% pay raises, in line with what a special presidential panel of arbitrators recommended earlier this month to resolve the stalemate before a strike could happen.

August 30, 2022

FMCSA Seeks Input on Request to Post Hair Drug Tests to Clearinghouse

The Federal Motor Carrier Safety Administration is seeking comment on a request by an alliance of large motor carriers for an exemption that would permit the carriers to report “actual knowledge” of a truck driver’s positive hair drug test to the agency’s Drug and Alcohol Clearinghouse.

August 29, 2022

Congestion Tolling Likely in New York City Business District

New York City officials are exploring congestion-based tolling scenarios to fund mass transit that could see commercial trucks charged $82 for a one-way drive through the business district.

August 29, 2022

Diesel Supply Below Average in Northeast

PORTLAND, Maine — Diesel and heating oil supplies in the Northeast are more than 50% below the recent average, raising concerns that an extreme weather event could cause supply disruptions, federal officials said.

August 29, 2022

Shipping Giant CMA CGM Sees Softening of Global Freight Rates

French container line giant CMA CGM SA is seeing an across-the-board drop in shipping rates and a loosening of logistics bottlenecks in some regions as demand softens.

August 26, 2022

Biden Administration Urges Fuel Export Cuts to Restock Northeast

The Biden administration is warning refiners that it may take “emergency measures” to address fuel exports as stockpiles of gasoline and diesel fuel remain near historically low levels in the Northeast.

August 26, 2022

Diesel Pinch Looms as World Seeks Relief From Pricey Natural Gas

The global diesel market looks set to get even tighter as power generators and industrial users seek relief from surging natural gas prices.

August 26, 2022

Inflation Eases as Consumer Prices Rise 6.3% in July

WASHINGTON — Inflation eased last month as energy prices tumbled, raising hopes that a surge in prices increases may have peaked.

August 26, 2022

Louisiana Nabs $86.6 Million Loan for Highway Interchange

Louisiana has qualified for an $86.6 million loan from the U.S. Department of Transportation to fund an interchange at U.S. Highway 90 and Louisiana Highway 3073 as part of a future Interstate 49 South corridor project.

August 25, 2022