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West and East Coast Ports Report Strong November Volume

The nation’s ports continued their breakneck pace in November as imported products arrived and unloaded at a record or near-record rate at facilities on the Pacific and Atlantic coasts.

January 4, 2021

Railroads Install Crash-Prevention System Ahead of US Deadline

U.S. railroads have completed installation of an automated crash-prevention system that covers 57,536 miles of freight and passenger tracks ahead of an end-of-year deadline that was previously extended, the Federal Railroad Administration announced Dec. 29.

December 29, 2020

McConnell Blocks Democrats’ Bid to Pass $2,000 Stimulus Checks

Senate Majority Leader Mitch McConnell on Dec. 29 blocked an attempt by Democrats to force quick action on increasing direct stimulus payments to $2,000 despite President Donald Trump’s demands for the change.

December 29, 2020

Fed Extends Main Street Program to Process Last Submitted Loans

The Federal Reserve has delayed the termination of the Main Street Lending Program to Jan. 8, from Dec. 31, to finish processing loans submitted by a Dec. 14 deadline to tap its funds.

December 29, 2020

Trucking Braces for ‘COVID Hangover’ and Ongoing Battles in 2021

As the COVID-19 pandemic stretches into 2021, the trucking industry will continue to address coronavirus-related challenges while confronting issues that existed long before most people had ever touched a face mask.

December 29, 2020

Boeing’s 737 Max Returns in US With American Airlines Flight

Boeing Co.’s 737 Max is poised to return to commercial service in the U.S. with the first flight since two deadly crashes prompted the longest aircraft grounding in the nation’s history.

December 29, 2020

Crude Climbs in Wake of Weaker Dollar, Expected Supply Drop

Oil advanced with support from a weaker dollar and expectations of declining U.S. crude inventories.

December 29, 2020

All Eyes on Senate After House Backs Trump on $2,000 Checks

The House on Dec. 28 passed a bill replacing the $600 stimulus checks in the newly enacted virus relief bill with $2,000 payments, as Democrats and moderate Republicans voted in favor of a proposal backed by President Donald Trump.

December 28, 2020

Diesel Rises 1.6¢, Reaches Nine-Month High of $2.635 a Gallon

The U.S. average retail price of diesel rose 1.6 cents to $2.635 a gallon and notched a new nine-month high after first reaching that peak a week earlier, the Energy Information Administration reported Dec. 28. The average price of diesel was $2.659 on March 23.

December 28, 2020