Canadian Pacific Railway Ltd. declined to increase its offer for Kansas City Southern and urged the U.S. railroad instead to reject Canadian National Railway Co.’s higher bid because of regulatory risks.
May 20, 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..
Initial Jobless Claims Decline to New Pandemic Low
Applications for U.S. state unemployment insurance fell last week to a fresh pandemic low, signaling steady improvement in the job market as remaining business restrictions are lifted.
May 20, 2021Texas Senate Passes Bill Aimed at Curbing Lawsuit Abuse of Truckers
The Texas Senate has unanimously approved a House bill that would help curb the growing trend of lawsuit abuse targeting commercial vehicles in Texas.
May 20, 2021States Mobilize to Repair I-40 Bridge, but Closure Likely to Remain for Months
The ongoing Interstate 40 bridge closure is a costly interruption for the trucking industry that will likely stretch on for months.
May 19, 2021Capito Sees More Than 50% Chance of Infrastructure Deal
President Joe Biden and Senate Republicans have a greater than 50-50 chance of striking a deal on infrastructure, in the view of top GOP negotiator Sen. Shelley Moore Capito.
May 19, 2021Buttigieg Reinstates Local Hiring Program
WASHINGTON — Transportation Secretary Pete Buttigieg on May 19 reinstated an Obama-era pilot program that aims to aid minority and disadvantaged people by ensuring local hiring for public works construction projects, reversing a decision by the Trump administration.
May 19, 2021ATRI Marks 20th Anniversary
The American Transportation Research Institute is marking 20 years of providing the industry with research into the issues it confronts every day.
May 19, 2021Biden Considering Point-of-Sale Rebates for Electric Car Buyers
The Biden administration wants to give consumers rebates for purchasing electric vehicles to help the U.S. compete against China in manufacturing the next generation of automobiles, White House climate adviser Gina McCarthy said.
May 19, 2021ATA Extends Contract for President, CEO Chris Spear
American Trucking Associations President Chris Spear has signed a contract that extends his leadership of the organization for five more years, ATA announced.
May 19, 2021China Bill to Include $52 Billion for U.S. Chip Manufacturing
The Senate will include $52 billion to bolster domestic semiconductor manufacturing in a broader bill to enhance U.S. competitiveness with China, Senate Majority Leader Chuck Schumer said.
May 18, 2021