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FMCSA Proposes Financial Security Requirements for Freight Forwarders

The Federal Motor Carrier Safety Administration has issued a proposed rule that establishes financial security requirements for freight forwarders, taking further action on legislation that stretches back more than a decade.

January 5, 2023

EV Tax Credit Rulings Please Some Automakers, Exclude Others

The U.S. government has angered Tesla Inc.’s Elon Musk and handed welcome news to other automakers like Hyundai Motor Co. with guidance on which electric vehicles will qualify for tax credits in the coming months.

January 5, 2023

Labor Data Surprises as Job Market Runs Hotter Than Forecast

Data released Jan. 5 reinforced the strength of the labor market, with hiring at U.S. companies far exceeding expectations and applications for jobless benefits falling to a three-month low.

January 5, 2023

Biden, McConnell Announce $1.4 Billion Brent Spence Bridge Grant

Efforts to improve the Brent Spence Bridge in northern Kentucky took a step forward on Jan. 4 when President Joe Biden announced a nearly $1.4 billion grant toward the Brent Spence Bridge project.

January 4, 2023

Secretaries Granholm, Buttigieg to Headline 2023 TRB Conference

Biden administration Cabinet secretaries Pete Buttigieg and Jennifer Granholm are headlining this year’s annual meeting of the Transportation Research Board.

January 4, 2023

Manufacturing Contracts in December for Second Straight Month

U.S. manufacturing activity contracted for a second month in December, capping the steepest annual slide in the key factory gauge since 2008 and helping to further tame price pressures.

January 4, 2023

Congress OKs $350M for Great Lakes Icebreaker

Congress has authorized funding for a new icebreaker for the Great Lakes, a priority that the shipping industry and Sen. Gary Peters (D-Mich.) have sought for years to fight ice dams in the lakes and surrounding waterways.

January 3, 2023

Connecticut Truckers Grapple With New Highway Tax

With a new highway use tax set to taking effect with the new year, the trucking industry in Connecticut still has many questions about how to comply and who must pay the tax and is also floating the possibility of legal action.

January 3, 2023

Fresh Fragility in Global Trade Set to Be Revealed in 2023

Since 2020, a pandemic-fueled supply crunch, Russia’s war with Ukraine, and a deepening rift in the U.S.-China trade relationship have hammered home the idea that the world needs more resilient trade networks.

January 3, 2023

Kansas Section of Keystone Pipeline Restored After Spill

A pipeline operator put a damaged section in Kansas back into service Dec. 29, a little more than three weeks after a spill dumped 14,000 bathtubs’ worth of crude oil into a rural creek.

December 29, 2022