The nationwide average price of diesel fuel increased by 6.3 cents per gallon to $2.801, marking the 14th straight week with a gain and the largest rise in nearly 17 months, according to U.S. Energy Information Administration data released Feb. 8.
February 8, 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..
Oil Extends Weekly Gain; Brent Pushes Toward $60 a Barrel
Oil set a fresh one-year high in New York with continued producer supply curbs helping spur strength everywhere from physical markets to the futures curve.
February 5, 2021Biden Signals Ditching GOP in Push for $1.9 Trillion Aid
President Joe Biden gave his strongest indication yet that he will push for his $1.9 trillion COVID-19 relief plan without Republican support, saying that a weak jobs report shows the risk of doing “too little.”
February 5, 2021Amazon Bid to Delay Union Vote Rejected
The National Labor Relations Board has rejected Amazon .com Inc.’s request to delay a unionization vote at the company’s Bessemer, Ala., warehouse, clearing the way for the closely watched election to begin next week
February 5, 2021Arizona DOT’s I-15 Bridge Replacement Project Aims to Help Commerce Flow
In an effort to facilitate the flow of commerce, the Arizona Department of Transportation is starting work to replace a bridge that carries Interstate 15.
February 5, 2021Employers Add Just 49,000 Jobs as Unemployment Falls to 6.3%
WASHINGTON — U.S. employers added just 49,000 jobs in January, a sign that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.
February 5, 2021Trade Deficit Rises to $679 Billion, the Highest Since 2008
WASHINGTON — The U.S. trade deficit rose 17.7% last year to $679 billion, highest since 2008, as the coronavirus disrupted global commerce and confounded President Donald Trump’s attempts to rebalance America’s trade with the rest of the world.
February 5, 2021Automakers Push for Congressional Movement on AV Rules
A group of nearly four-dozen automakers, industry advocacy groups and corporations sent a letter to Congressional leaders Feb. 3 urging action on legislation that would allow for greater deployment of autonomous vehicles.
February 4, 2021Trump Administration Independent Contractor Actions Face Uncertainty
The U.S. Department of Labor is backing off a pair of actions issued in the waning days of the Trump administration that were widely perceived to be favorable to motor carriers’ use of independent contractors.
February 4, 2021US Unemployment Claims Fall to 779,000; Job Cuts Grind On
The number of Americans seeking unemployment benefits declined to 779,000 in the week ended Jan. 30, a still historically high total that shows that a sizable number of people keep losing jobs to the pandemic.
February 4, 2021