U.S. employers added fewer jobs in December than forecast, while the jobless rate fell below 4% and wages jumped, adding to evidence of a tight labor market that’s expected to help spur Federal Reserve interest rate liftoff as soon as March.
January 7, 2022Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Deere Expects ‘Slow’ Rollout of Autonomous Tractors
Deere & Co. is being cautious in its rollout of self-driving tractors, a technology which the agriculture industry thinks could revolutionize farming.
January 7, 2022Trucker Snarl in East China Hits Container Shipping
A suspension of trucking services in several parts of east China’s Zhejiang province has slowed the transportation of manufactured goods and commodities through one of the world’s most important ports.
January 7, 2022Effort to Recruit New Truck Drivers Moves Into High Schools
An all-volunteer effort is working with educators to help raise awareness of truck driving careers among students.
January 6, 2022Record Share of US Small Businesses Raised Wages in December
A record 48% of U.S. small business owners said they raised compensation in December and nearly a third said they plan to do so in the coming months, the National Federation of Independent Business said Jan. 6.
January 6, 2022States Raise Tolls in Response to Budget Issues
In an effort to avert financial shortfalls for highway programs due to the coronavirus pandemic, a number of states have raised their tolls for cars and trucks, effective Jan. 1.
January 6, 2022Senate Keeps Social Infrastructure Budget on Radar
Federal lawmakers returned to Capitol Hill this month to resume consideration of President Joe Biden’s social infrastructure budget as the White House continues to respond to a national supply chain crisis.
January 6, 2022Growth at Service Providers Sees Sharp Pullback From Record
A measure of U.S. service providers pulled back abruptly in December after soaring to a record a month earlier, reflecting more moderate growth in business activity and orders.
January 6, 2022CES Panel Discusses Supply Chain Problems
LAS VEGAS — Data and technology are playing a crucial role in addressing the supply chain crunch in the transportation space, experts said during a CES 2022 panel discussion.
January 6, 2022‘Alabama-USA Corridor’ Rail Work to Improve Supply Chain Infrastructure
The Jan. 4 announcement appears to be a significant step in that direction. According to the governor’s office, the overall concept calls for $231.6 million in investment in rail projects “to upgrade economic development infrastructure in central and southern Alabama.â€
January 6, 2022