U.S. employment costs jumped by the most on record at the start of the year, heightening concerns about persistent inflation that set the stage for more forceful policy action by the Federal Reserve.
April 29, 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.
Truckers Respond to Plans for Apprenticeship Pilot Program
A newly released summary of public comments on the federal driver apprenticeship pilot program was mixed, with trucking trade groups generally supporting the program, while many small truckers and independent operators offered a variety of criticisms and suggestions.
April 29, 2022Idaho Truckers Share Vaccine Mandate Concerns
Shortages in potatoes and foodstuff for cattle are likely next year due to the ongoing U.S.-Canadian vaccine mandate disrupting border freight, Idaho truckers recently told their congressman.
April 28, 2022House Transportation Democrats Prioritize Inclusive Workforce Programs
House Democrats proposed expanding diversity recruitment efforts across the transportation workforce as the Biden administration continues to pursue outreach programs.
April 28, 2022Pete Buttigieg Touts Infrastructure Funding During Budget Hearing
The country’s top transportation officer called on Senate funding leaders to approve the White House’s fiscal 2023 budget, one he said aims to modernize passenger and freight corridors with the goal of enhancing the economy.
April 28, 2022Top Democrats Push for FTC Crackdown on High Gas Prices
WASHINGTON — Citing growing worries about high gasoline prices, Democratic leaders announced an effort April 28 to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging.
April 28, 2022Rivian Reaches Deal in Georgia for Environmental Standards
A development authority east of Atlanta has voted to approve an “economic development agreement” for the planned $5 billion Rivian factory, outlining terms with the electric vehicle company, including environmental standards and taxpayer-backed incentives.
April 28, 2022Economy Posts Surprise Contraction, Belying Solid Consumer Picture
The U.S. economy shrank for the first time since 2020, reflecting an import surge tied to robust consumer demand. While the surprise contraction adds to political headaches for President Joe Biden, it’s unlikely to dissuade the Federal Reserve from hiking interest rates aggressively to combat inflation.
April 28, 2022FMCSA Issues ‘Notice of Intent’ to Require Speed Limiters on Heavy Trucks
The Federal Motor Carrier Safety Administration on April 27 issued a notice of intent to move forward with a rulemaking to require the use of speed limiters for commercial motor vehicles.
April 27, 2022STB Searches for Answers About Freight Rail Delays
The U.S. Surface Transportation Board began two days of emergency public hearings April 26 to try to find ways to loosen the still-jammed supply chain.
April 27, 2022