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Crude oil inventories in America’s largest storage hub are falling fast as the post-pandemic demand rebound continues to outpace production.

President Joe Biden announced on June 24 that “we have a deal,” signaling a bipartisan agreement on a $953 billion infrastructure plan that would achieve his top legislative priority and validate his efforts to reach across the political aisle.

WASHINGTON — Funding to expand parking facilities for truck drivers around the country is included in comprehensive highway policy legislation expected before the U.S. House of Representatives during the week of June 28.

The U.S. merchandise-trade deficit widened more than forecast in May as the value of imports rose to near-record levels and exports declined.

The Transportation and Public Works Committee of the Minneapolis City Council on June 23 approved an ordinance amendment that would limit truck parking in the city.

Orders to U.S. factories for big-ticket manufactured goods rose for the 12th time in the last 13 months in May, pulled up by surging demand for civilian aircraft.

President Joe Biden and a group of bipartisan senators are close to agreement on a $559 billion infrastructure plan that would fulfill one of his top priorities, according to lawmakers and officials familiar with the discussions.

The number of Americans applying for unemployment benefits dropped in the week ended June 19, a sign that layoffs declined and the job market is improving.

WASHINGTON — A bipartisan group of senators reached a tentative framework on a $953 billion infrastructure deal June 23 ahead of a crucial meeting with President Joe Biden at the White House.

Industry-led attempts to repeal the 12% federal excise tax on heavy-duty trucks, which also covers trailers more than 26,000 pounds, went — yet again — to Capitol Hill.