WASHINGTON — America’s hiring boom continued last month as employers added a surprising 528,000 jobs despite raging inflation and rising anxiety about a recession.
August 5, 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.
ATA’s Chris Spear Optimistic About Trucking Economy, R.I. Tolling Verdict
American Trucking Associations President Chris Spear said the trucking industry continues to show resilience despite challenges in the U.S. economy, marked by two straight quarters of negative gross domestic product and interest rate hikes by the U.S. Federal Reserve that aim to slow decades-high rates of inflation.
August 4, 2022Senate Debates Freight-Centered Budget Bill
Legislation that aims to reduce emissions at commercial ports and freight corridors is topping Senate Democrats’ legislative priorities ahead of the upcoming congressional summer recess.
August 4, 2022FMCSA Nominee Robin Hutcheson Awaits Senate Confirmation
President Joe Biden’s pick to oversee federal trucking regulations is awaiting a confirmation vote in the U.S. Senate.
August 4, 2022NOAA Still Expects Active Hurricane Season
It’s been a quiet hurricane season so far, but the National Oceanic and Atmospheric Administration says a busy peak is ahead. The agency expects 14 to 20 named storms, with six to 10 developing into hurricanes and three to five of those strengthening into major storms of Category 3 and up.
August 4, 2022FMCSA Awards Educational Funds for Veterans, Others to Get CDLs
To help veterans, spouses and active duty military members gain truck driving jobs, the Federal Motor Carrier Safety Administration awarded $3.1 million in grants to 19 community colleges and truck driving schools throughout the country.
August 3, 2022OPEC+ Boosts Oil Output by Slower Pace Than Previous Months
The OPEC oil cartel and its allies decided Aug. 3 to boost production in September by a much slower pace than in previous months at a time of high gasoline prices and unstable energy supplies exacerbated by Russia’s war in Ukraine.
August 3, 2022Automakers Blitz Congress to Fix an EV Tax Credit They Can’t Use
Automakers including Ford Motor Co., General Motors Co. and Toyota Motor Corp. are making a last-ditch lobbying push to change Democrats’ proposed new spending bill over concern that they stand to lose out from strict new limits on electric vehicle credits.
August 3, 2022Pelosi’s Taiwan Trip Spurs CATL to Pause EV Battery Plant Plans
A giant Chinese supplier of electric vehicle batteries decided to push back announcing a multibillion-dollar North American plant to supply Tesla Inc. and Ford Motor Co. due to tensions raised by House Speaker Nancy Pelosi’s trip to Taiwan, according to people familiar with the matter.
August 2, 2022Bureau of Prisons Expands CDL Training for Women
Efforts are underway in federal and state-level prison systems to help inmates train for and transition into careers in trucking upon their release, with the Federal Bureau of Prisons expanding its commercial driver license programs to focus on women.
August 2, 2022