Maine voters backed a question Nov. 2 authorizing another $100 million in transportation bonds, the seventh straight year the state has approved such a referendum aimed at addressing funding shortfalls for crucial infrastructure.
November 4, 2021Search
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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..
OPEC+ Rejects Biden’s Plea for Bigger Oil-Supply Increase
OPEC and its allies will stick to their slow pace of oil-production increases, disregarding President Joe Biden’s demand to go faster.
November 4, 2021US Productivity Falls Most Since 1981
Productivity in the U.S. fell by the most since 1981 in the third quarter, reflecting a sharp pullback in economic growth and an increase in hours worked.
November 4, 2021Truckers Exempt From Vaccine Mandate, Labor Secretary Says
Truck drivers traveling alone in their cabs are exempt from a new interim final rule mandating that employees for large private companies get COVID-19 vaccinations, according to a statement by U.S. Labor Secretary Marty Walsh.
November 4, 2021Nikola Expects $125 Million Penalty From SEC
Hydrogen-electric fuel truck manufacturer Nikola Corp. said it took a $125 million charge in the third quarter as it expects to use that money as part of a possible negotiated settlement with the U.S. Securities and Exchange Commission concerning allegations the company’s founder, Trevor Milton, defrauded investors.
November 4, 2021Freight Stakeholders Seek Supply Chain Action From Biden
WASHINGTON — American Trucking Associations joined nearly 100 freight stakeholders in calling on President Joe Biden to amplify his administration’s response to ongoing supply chain woes nationwide.
November 3, 2021FMCSA: Sunset of 3G Networks Could Impact ELD Tech Specifications
Federal trucking regulators are warning truckers that mobile carriers are shutting down their 3G networks as early as next year to make room for more advanced network services, including 5G.
November 3, 2021Cyber Official Warns ‘American Way of Life’ at Risk From Hackers
A top U.S. cybersecurity official offered a dire warning to members of Congress Nov. 3, saying the “American way of life” faces serious risks amid the drumbeat of ransomware attacks and physical threats to the nation’s critical infrastructure.
November 3, 2021Fifty Years in Idle Time Seen for Trucks at Two Major US Ports
Trucking trips originating around the country’s busiest ports are showing massive increases in idle time, another sign of the supply chain logjams plaguing American transport hubs.
November 3, 2021CMA CGM Near Deal to Buy California Terminal Operator
CMA CGM SA, one of the world’s largest shipping companies, agreed to buy Fenix Marine Services, which operates a container terminal in the Port of Los Angeles, in a deal with an enterprise value of $2.3 billion.
November 3, 2021