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US Economy Shrank 0.9% Last Quarter, Its 2nd Straight Drop

WASHINGTON — The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.

July 28, 2022

Chipmakers Get $52 Billion in Senate Bill to Boost Domestic Output

The Senate on July 27 passed legislation that includes $52 billion in grants and incentives for U.S. semiconductor manufacturing, an industry that has steadily lost ground to foreign competitors in recent years.

July 27, 2022

Port of Oakland AB 5 Protests Wind Down

Operations at the Port of Oakland have resumed after being paused in the wake of protests from independent truck drivers unhappy with a state law that would reclassify them as employees of motor carriers.

July 27, 2022

New Rule to Thwart Railroad Efforts to Cut Train Crews

OMAHA, Neb. — Railroads will be required to maintain two-person crews under a new rule announced July 27 that will thwart industry efforts to cut crews down to one person.

July 27, 2022

Senators Call for Sanctions on Russian Oil Sales to China

Sen. Marco Rubio (R-Fla.) wants the U.S. to sanction China’s purchases of oil and other energy supplies from Russia in an effort to cut off funding for that country’s war against Ukraine.

July 27, 2022

FMCSA Accepting Carrier Applications for Apprenticeship Driver Pilot

The Federal Motor Carrier Safety Administration as of July 26 is accepting applications from motor carriers interested in participating in the agency’s Safe Driver Apprenticeship Pilot Program for 18- to 20-year-old truck drivers to operate interstate.

July 26, 2022

DOE Lends $2.5 Billion to GM Venture for EV Batteries

WASHINGTON — A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states.

July 26, 2022

Senate Sets Up $52 Billion Semiconductor Vote

A $52 billion boost to the U.S. domestic semiconductor industry moved one step closer to reality July 26 when the Senate advanced legislation providing grants, incentives and tax breaks to the sector and set it up for final passage this week.

July 26, 2022

Researchers to Study Truck Parking in Iowa, Wisconsin

Researchers from the Texas A&M Transportation Institute (TTI), the University of Wisconsin-Madison and ParkUnload are conducting a truck parking pilot study to better understand how truck drivers use existing parking spaces and to test the benefits of using a mobile parking app.

July 26, 2022