A D.C. court of appeals ruling exempts trailers from federal greenhouse gas and fuel-Âefficiency rules, but California mandates will create the same technology standards for many fleets, while others are adopting the technology because of the economic case for it.
January 28, 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.
Economic Growth Quickens in Q4 With Inventory Boost
U.S. economic growth accelerated by more than forecast in the fourth quarter, fueled by the rebuilding of inventories and capping the strongest year since the 1980s.
January 27, 2022Funds Top $1 Billion for Appalachian, Tribal Transportation
Travel along highways and other transportation systems in 11 Appalachian states and tribal areas is expected to become easier due to a $1.3 billion infusion of funds from the U.S. Department of Transportation.
January 27, 2022Biden Gets CEO Support for Economic Agenda
WASHINGTON — President Joe Biden on Jan. 26 secured the blessing of several business leaders, including Cummins' Tom Linebarger, on his economic agenda that has stalled in the Senate, part of an effort to restart some momentum for the nearly $2 trillion in spending and tax increases that he has proposed.
January 26, 2022Merchandise-Trade Deficit Hits Record as Imports Jump
The U.S. merchandise-trade deficit unexpectedly widened in December to a fresh record as imports continued to rise, outpacing shipments overseas.
January 26, 2022Under-21 Driver Pilot Program Raises Carrier Reporting Concerns
While trucking industry trade groups have expressed support for a federal apprenticeship program that will train under-21 drivers to operate tractor-trailers across state lines, concerns are being raised that some of the initiative’s reporting requirements for motor carriers are overly burdensome.
January 25, 2022Vaccine Rule Raises Shipping Costs for Canadian Grocer
The head of one of Canada’s largest supermarket chains says the vaccine mandate for truckers crossing the U.S.-Canada border is raising the cost of shipping fresh food. But so far, it has had little impact on the retailer’s ability to stock shelves.
January 25, 2022US Taps Strategic Reserve for 13.4 Million Barrels of Oil
The U.S. Department of Energy announced the loan of 13.4 million barrels of crude oil from its strategic reserve as part of a renewed effort by the Biden administration to contain oil prices that have surged to their highest level since 2014.
January 25, 2022New York Works to Expand Road Testing Availability for CDLs
Efforts are underway in New York to enable more people to conduct road tests for commercial driver licenses to reduce a long backlog exacerbated by the ongoing coronavirus pandemic.
January 25, 2022Chip Shortage Expected to Stretch Through 2022
The Biden administration has concluded that a global semiconductor shortage will persist until at least the second half of this year, promising long-term strain on a range of U.S. businesses, including automakers and the consumer electronics industry.
January 25, 2022