Kentucky officials recently announced funding will be directed to industrial access road infrastructure projects to promote economic development and the movement of freight.
September 4, 2020Search
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FMCSA Pilot Would Allow Younger Drivers in Interstate Commerce
The Federal Motor Carrier Safety Administration has announced a proposal and request for comment on a new pilot program to allow drivers ages 18-20 to operate commercial motor vehicles in interstate commerce.
September 4, 2020Tech Rout Sends Stock Market to Biggest Loss Since June
Wall Street’s euphoria took a break Sept. 3, as steep losses in technology stocks dragged the rest of the market down with them.
September 3, 2020DOT Releases National Freight Strategic Plan
U.S. Department of Transportation officials convened virtually to unveil the comprehensive National Freight Strategic Plan on Sept. 3.
September 3, 2020Trucking Surges as Capacity Tightens Amid Continued Pandemic
More than six months into the COVID-19 pandemic the trucking industry’s health is stronger than the U.S. economy, as segments used in final-mile delivery, e-commerce, and deliveries to grocery stores and hospitals thrive.
September 3, 2020Freight Market Could Be Shifting in Favor of Carriers
The freight market could be shifting toward carriers after favoring shippers the past two years.
September 3, 2020US Trade Deficit Surges in July to Highest in 12 Years
The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount.
September 3, 2020Jobless Claims Give Mixed Picture With Shift in Adjustments
U.S. unemployment-claims figures gave a mixed picture of the labor market amid government changes to seasonal adjustments to account for distortions from the pandemic.
September 3, 2020Mitch McConnell Raises Doubts on New Stimulus
Senate Majority Leader Mitch McConnell expressed doubts about whether Congress can get a deal on another pandemic relief package when lawmakers return to Washington after a monthlong recess, despite the Trump administration’s push for a quick, targeted stimulus.
September 2, 2020Fed Survey Finds Pessimism About Economic Future
The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the threats posed by the coronavirus.
September 2, 2020