After more than two weeks of testimony, a federal tolling trial ended June 13 with an attorney for American Trucking Associations asking a judge to find the state of Rhode Island’s trucks-only “RhodeWorks” tolling program unconstitutional.
June 14, 2022Search
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West Coast Ports Strike Unlikely Even if No Deal Is Reached by July
Employers and the union representing more than 22,000 dockworkers at 30 U.S. ports on the West Coast are unlikely to reach a wage deal by the time the current contract expires next month, but neither side foresees disruptions that would hobble supply chains.
June 14, 2022May Producer Prices Soared 10.8% as Energy Prices Jumped
WASHINGTON — U.S. producer prices surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from inflation that shows no sign of slowing.
June 14, 2022Fleet Owners Urged to Be Familiar With CARB Emission Proposal
WASHINGTON — Trucking companies should educate California regulators about potential impacts of a new regulation before it takes effect and becomes a model for the nation, according to fleet experts.
June 14, 2022How the Pandemic Accelerated Change for Motor Carriers
Few industries came under as much pressure and made as many adjustments during the COVID-19 pandemic as trucking. Industry executives see permanent changes resulting from how COVID altered the economy, consumer behavior and business interactions.
June 17, 2022Diesel Hits New Record at $5.718 a Gallon
The national average price for a gallon of diesel reached a record high this week at $5.718 a gallon, according to data released by the Energy Information Administration June 13.
June 13, 2022Bear Market Hits Wall Street as Stocks, Bonds, Crypto Dive
NEW YORK — Wall Street tumbled into what’s called a bear market June 13 after fears about a fragile economy and rising interest rates sent the S&P 500 more than 20% below its record set early this year.
June 13, 2022Automakers Seek Lifting of EV Tax Credit Cap
NEW YORK — Major automakers are asking Congress to lift the cap on how many people would be offered tax credits if they buy a hybrid or fully electric vehicles.
June 13, 2022Gas Hits $5 a Gallon for First Time, According to AAA
NEW YORK — The nationwide average price for a gallon of gasoline has hit $5 for the first time ever.
June 13, 2022China’s Chipmaking Power Grows Despite US Effort to Counter It
China’s semiconductor industry is showing signs of flourishing even in the face of Biden administration efforts to counter its growth, raising alarm bells in Washington.
June 13, 2022