More than 70 trade associations representing wide-ranging supply chain interests have sent a letter to California Gov. Gavin Newsom asking him to issue an executive order to temporarily pause enforcement of the state’s AB 5 contractor law.
July 18, 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.
Chips Bill Gains Steam in Senate Despite Last-Minute Lobbying
A drive in the Senate to quickly pass $52 billion in grants and incentives for U.S. semiconductor manufacturing picked up steam in Congress despite last-minute lobbying for changes.
July 18, 2022Truckers’ AB 5 Protest Fueled by Lack of Clarity
Protests over California's AB 5 law could have a dramatic impact on the ports of Los Angeles, Long Beach and Oakland, where more than 70% of truckers are owner-operators.
July 18, 2022ATA Praises Biden’s Executive Order During Rail Negotiations
American Trucking Associations touted the Biden White House’s recent directive to assist with ongoing freight rail workforce negotiations.
July 18, 2022Supply Chains Inching Back to Normal, Brace for Headwinds of Softer Demand
Rock guitarist Jack White, who extended his “Supply Chain Issues Tour” into October, might want to name his band’s next road trip after a different villain. That’s because supply strains, while still afflicting many consumers and businesses, are becoming more mundane.
July 18, 2022Tesla’s Chinese Battery Maker Scopes Out Sites in Mexico
China’s Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, is considering at least two locations in Mexico for a manufacturing plant to potentially supply Tesla Inc. and Ford Motor Co.
July 18, 2022White House Expects More Saudi Oil After Biden’s Mideast Trip
The White House said it expects further oil supply increases from Saudi Arabia after President Joe Biden met with the kingdom’s rulers.
July 15, 2022Biden Blocks Freight Rail Strike, Appoints Arbitrators
OMAHA, Neb. — President Joe Biden on July 15 blocked a freight railroad strike that would disrupt shipments of all kinds of goods for at least 60 days by naming a board of arbitrators to intervene in the contract dispute.
July 15, 2022The World Can’t Get Enough of US Diesel as Exports Surge
The U.S. is exporting diesel at the fastest ever rate as the global market’s thirst for fuel remains insatiable.
July 15, 2022Retail Sales Top Forecast in Boost From High Inflation
Retail sales were stronger than expected in June, but after several economists adjusted the data for inflation, they still point to a leveling off in spending.
July 15, 2022