Applications for U.S. state unemployment benefits declined last week to the lowest level since 1969, illustrating difficulties adjusting the raw data for seasonal effects.
December 9, 2021Search
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November Class 8 Orders Tumble in Historic Fall
A rosy supply chain arriving this holiday season to release handcuffed truck makers and reward fleets awaiting new trucks would certainly be a great gift to the industry — well, maybe next year.
December 9, 2021Senate Resolution Rejects Vaccine Mandate for Private Employers
WASHINGTON — The Senate narrowly approved a resolution Dec. 8 to nullify the Biden administration’s requirement that businesses with 100 or more workers have their employees be vaccinated against the coronavirus or submit to weekly testing.
December 8, 2021Senate Panel Examines Supply Chain Disruptions
WASHINGTON — To help alleviate ongoing supply chain woes, a senior transportation policymaker in the U.S. Senate suggested federal agencies as well as industries look to ports along the Great Lakes.
December 8, 2021Border Congestion Feared as Vaccination Requirements Change in January
The flow of freight between the United States and its neighbors Canada and Mexico could slow beginning in January, as all three countries adopt more stringent COVID-19 vaccine requirements for cross-border truck traffic.
December 8, 2021Businesses Advertise Near-Record 11 Million Open Jobs
U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand.
December 8, 2021Oil Refiners Say Shift in Biofuel Quotas Will Raise Diesel Costs
The Biden administration sought to thread the needle between warring oil and renewable fuel interests Dec. 7 by proposing modest quotas for the use of plant-based fuels while moving to block exemptions for dozens of oil refineries.
December 7, 2021US Might Need to Produce More of Its Own Goods, Yellen Says
Treasury Secretary Janet Yellen said that U.S. reliance on foreign supply chains has proved a vulnerability and that the country needs to produce more critical goods domestically to protect its economic and national security.
December 7, 2021Musk Not a Fan of Biden’s Build Back Better Act
Tesla Inc.’s Elon Musk spoke out in opposition to President Joe Biden’s signature economic package, questioning the need for legislation that would support electric car adoption due to concerns government spending is out of control.
December 7, 2021Trade Deficit Narrows in October as Exports Rebound
WASHINGTON — The U.S. trade deficit narrowed to $67.1 billion in October, the lowest in six months, after hitting a record high in September.
December 7, 2021