REHOBOTH BEACH, Del. — President Joe Biden said June 20 that he will decide by the end of the week whether he would support a federal gasoline tax holiday, possibly saving U.S. consumers as much as 18.4 cents a gallon.
June 20, 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.
Fertilizer Stockpiles Swell, Easing Harvest Worries
The fertilizer shortage that threw the agricultural sector into disarray and pushed food costs higher globally may be fading.
June 17, 2022Factory Output Surprises With First Decline in Four Months
U.S. factory production unexpectedly declined in May for the first time in four months, restrained by supply challenges and hints of cooler demand for some big-ticket consumer goods.
June 17, 2022House Leaders Schedule Hearings for Fiscal 2023 Transportation Funding Bill
Legislation that would fund the U.S. Department of Transportation’s operations through fiscal 2023 will be considered in committee this month in the U.S. House of Representatives.
June 16, 2022Ontario Faces Challenges Enforcing Speed Limiter Law
Challenges in Ontario, Canada, to enforce a truck speed limiter law could portend those that U.S. trucking regulators may face if they implement a speed limiter supplemental proposed rule next year.
June 16, 2022Mitch Landrieu Defends Repair Over Building New Roads
President Joe Biden’s point man carrying out the roughly $1 trillion infrastructure law defended the administration’s emphasis on fixing before taking on new expansion as congressional Republicans criticized the policy.
June 16, 2022Tesla Increases Prices Up to $6,000 Across Lineup
Tesla Inc. has increased prices across its lineup by as much as $6,000, Electrek reported, as global automakers grapple with surging costs for raw materials, particularly battery components.
June 16, 2022Ohio, Kentucky Apply for Federal Grant for New Interstate Bridge
Kentucky and Ohio officials are pushing forward to build a companion to the Brent Spence Bridge after both governors recently applied for a $1.66 billion federal mega infrastructure grant to improve the notorious bottlenecked 8-mile freight corridor.
June 15, 2022FAA Says Future Planes Will Need to Reduce Carbon Emissions
WASHINGTON — The Biden administration proposed June 15 that future planes produce lower levels of greenhouse gas emissions before they can be certified by federal regulators.
June 15, 2022Fed Hikes Rates 75 Basis Points, Intensifying Inflation Fight
The Federal Reserve raised interest rates by 75 basis points — the biggest increase since 1994 — and Chair Jerome Powell signaled another big move next month, intensifying a fight to contain rampant inflation.
June 15, 2022