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Jobless Claims Decline for First Time in Four Weeks

Applications for U.S. state unemployment insurance fell for the first time in four weeks, partially unwinding a recent spike in claims due to the omicron variant.

January 27, 2022

TMC Eyes Automated Driving Systems With New Recommended Practices

TMC has “turned a hat trick” in pursuing three goals for its development of prospective Recommended Practices (RPs) covering automated vehicles.

January 28, 2022

Trailer GHG Ruling Muted by California Rules, Industry's Direction

A D.C. court of appeals ruling exempts trailers from federal greenhouse gas and fuel-­efficiency 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, 2022

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, 2022

Funds 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, 2022

Biden 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, 2022

Merchandise-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, 2022

Under-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, 2022

Vaccine 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, 2022

US 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, 2022