An Interstate 81 coalition wants to form a multistate team to apply for federal funds to improve truck parking following a recent roundtable discussion with six states about inadequate spaces along the vital eastern U.S. freight corridor.
July 12, 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.
Younger Drivers Look Beyond Pay When Choosing Carriers, ATRI Finds
The American Transportation Research Institute found the majority of young truck drivers are motivated by factors besides pay when choosing a carrier.
July 12, 2022US Chamber Calls for White House Help in Rail Labor Dispute
Citing supply chain concerns, the U.S. Chamber of Commerce joined other transportation stakeholders in calling on the White House to assist with labor disputes in the freight rail sector.
July 12, 2022Ohio Identifies 15 Alternative Fuel Corridors for EV Charging Stations
CLEVELAND — The Ohio Department of Transportation has determined where a number of federally funded charging stations should be deployed across the state as part of a plan to spend more than $100 million in bipartisan infrastructure law money on electric vehicle infrastructure.
July 12, 2022OPEC’s First 2023 Outlook Shows No Relief From Oil Squeeze
OPEC’s first oil market outlook for 2023 suggests no relief for squeezed consumers, with more crude needed from the group even though most members are already pumping flat out.
July 12, 2022Fed Official Says Solid Economy Can Handle Rising Rates
WASHINGTON — Last week’s jobs report points to a solid U.S. economy with little sign of a recession on the horizon and one that can withstand higher interest rates, St. Louis Federal Reserve president James Bullard said July 11.
July 11, 2022US to Urge India, Japan to Back Plan for Cap on Russia Oil Price
U.S. Energy Secretary Jennifer Granholm will use talks with nations including India and Japan to rally support for a new effort aimed at capping prices for Russian oil.
July 11, 2022PennDOT’s Bridge Tolling Plan Dealt Crushing Legal Blows
Pennsylvania’s governor, General Assembly legislators and a judge dealt legal blows to permanently stop the state Department of Transportation’s effort to toll nine bridges to create revenue for repairs.
July 11, 2022US Employers Add a Solid 372,000 Jobs
WASHINGTON — America’s employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates to cool the economy and slow price increases.
July 8, 2022Congress Eyes Semiconductor Bill, Nominations This Summer
Before the August recess, congressional leaders intend to finalize supply chain-centric legislation as senators prepare to vote on nominees for senior roles at the U.S. Department of Transportation.
July 7, 2022