Production at U.S. factories rose in February by the most in four months, indicating firmer momentum in a manufacturing sector still challenged by supply constraints and higher costs.
March 17, 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.
Germany Backs EU Phaseout of New Combustion Engines by 2035
Germany threw its weight behind a European Union proposal that only emission-free new cars and vans can be sold from 2035 as the bloc moves forward in talks on an ambitious green overhaul at a time of an extraordinary energy crisis.
March 17, 2022Study: SUVs, Pickups More Likely to Hit Pedestrians Than Cars
DETROIT — Drivers of bigger vehicles such as pickup trucks and SUVs are more likely to hit pedestrians while making turns than drivers of cars, according to a new study.
March 17, 2022Fed Lifts Rates a Quarter Point in Opening Bid to Curb Inflation
The Federal Reserve raised interest rates by a quarter percentage point and signaled six more such hikes this year, launching a campaign to tackle the fastest inflation in four decades even as risks to economic growth mount.
March 16, 2022White House Unveils FLOW Plan to Improve Supply Chain
In an effort to open up the nation’s clogged supply chains, the Biden administration on March 15 announced plans for a pilot program under which organizations across the transportation landscape would share data with one another to improve the overall flow of goods.
March 16, 2022Fed Policymakers Unveil Hydrogen Transportation Bill
Legislation that would establish a grant program at the U.S. Department of Transportation to assist with the adoption of heavy-duty hydrogen fuel cell vehicles was recently introduced in the U.S. Senate.
March 16, 2022Retail Sales Soften as High Gasoline Costs Begin to Bite
Growth in U.S. retail sales slowed in February after surging a month earlier, suggesting that consumers tempered their spending in some categories as inflation limited purchasing power.
March 16, 2022Biden Outlines How Infrastructure Funds Will Transform Country
Improving the nation’s transportation system with $1.2 trillion in infrastructure investments is a key to uplifting the middle class, adding jobs and revitalizing American industry, President Joe Biden told a gathering of city officials in Washington.
March 15, 2022ATA, Freight Stakeholders Press CARB for Alternatives to Emissions Rule
American Trucking Associations is among the groups proposing that the California Air Resources Board consider supply chain pressures for granting the industry alternatives to certain regulatory compliance.
March 15, 2022Airlines Rally as They See Path to Profit Despite Fuel Jump
U.S. airline stocks climbed as the carriers said they will trim flying to remain on track toward profits even as fuel prices soar.
March 15, 2022