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Factories Grow at Slower Pace in January

SILVER SPRING, Md. — American factories grew in January, but at a slower pace than December.

February 1, 2021

Biden Revokes Oil Drilling Permits for Additional Review

The Biden administration is revoking dozens of invalid drilling permits issued by agency workers without the approval of political appointees, despite a temporary order for such reviews.

January 29, 2021

Senate Committee Schedules Vote on Raimondo’s Nomination

A U.S. Senate panel scheduled a vote to consider the nomination of Gov. Gina Raimondo to become the country’s next secretary of commerce.

January 29, 2021

Trucks Included in Maryland’s Updated Safety Plan

The 2021-2025 Maryland Strategic Highway Safety Plan, released Jan. 28, identifies strategies and actions meant to help eliminate fatalities on state roadways.

January 29, 2021

Freight Transportation Undergoing Uneven Recovery, Panel Says

Trucking has already returned to pre-pandemic norms in many ways but there are still issues — including capacity — that are lagging behind, according to panelists at the SMC³ Jump Start 2021 conference on Jan. 27.

January 28, 2021

Chinese Trucking Startup Full Truck Alliance Eyes $1 Billion US IPO

Uber-like Chinese startup Full Truck Alliance is preparing for a U.S. initial public offering that could raise at least $1 billion as soon as this year, after eking out a slim 2020 profit thanks to a pandemic-era shipping surge.

January 28, 2021

COVID-19 Package to Go Before Senate in February, Chuck Schumer Says

A new round of COVID-19 economic relief that would include aid for hard-hit transportation systems will be up for consideration in early February, Senate Majority Leader Chuck Schumer indicated Jan. 28.

January 28, 2021

Economy Grows 4%; Transportation Services See Small Drop

The U.S. economy downshifted in the final three months of 2020 after record third-quarter growth, as the pandemic battered the labor market and limited Americans’ ability and willingness to spend.

January 28, 2021

Jobless Claims Fall by More Than Expected

Applications for U.S. state unemployment benefits fell last week, signaling that job cuts may be easing after rising in December and early January.

January 28, 2021