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OPEC’s first oil market outlook for 2023 suggests no relief for squeezed consumers, with more crude needed from the group even though most members are already pumping flat out.

WASHINGTON — Last week’s jobs report points to a solid U.S. economy with little sign of a recession on the horizon and one that can withstand higher interest rates, St. Louis Federal Reserve president James Bullard said July 11.

U.S. Energy Secretary Jennifer Granholm will use talks with nations including India and Japan to rally support for a new effort aimed at capping prices for Russian oil.

Pennsylvania’s governor, General Assembly legislators and a judge dealt legal blows to permanently stop the state Department of Transportation’s effort to toll nine bridges to create revenue for repairs.

WASHINGTON — America’s employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates to cool the economy and slow price increases.

Before the August recess, congressional leaders intend to finalize supply chain-centric legislation as senators prepare to vote on nominees for senior roles at the U.S. Department of Transportation.

Now that the U.S. Supreme Court has declined to review a challenge to a controversial California law aimed at reclassifying owner-operators as motor carrier employees, carriers and independent contractors could soon be thrust into an uncertain business environment.

Louisiana is working out details in a new experiment enabling trucks to carry two 20-foot containers in tandem to and from its ports to alleviate supply chain issues exacerbated by congestion and driver shortages.

The U.S. trade deficit shrunk in May to the lowest level of the year, reflecting a pickup in exports of goods and services.

Nearly 50 transportation groups are asking the Biden administration to extend a waiver for certain requirements for products and materials associated with infrastructure construction projects.