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Average Price of Diesel Inches Upward by 0.7¢ to $2.403

The national average price of diesel has increased seven-tenths of a cent to $2.403, according to the Energy Information Administration.

June 15, 2020

DOT Launches AV TEST Initiative

The U.S. Department of Transportation has launched a program to increase transparency and inform members of the public about automated vehicle technologies.

June 15, 2020

Fed Will Begin Buying Broad Portfolio of Corporate Bonds

The Federal Reserve said June 15 that it will begin buying individual corporate bonds under its Secondary Market Corporate Credit Facility, an emergency lending program that to date has purchased only exchange-traded funds.

June 15, 2020

Driverless Car Industry Gets a Nudge on Standards, Transparency

Hundreds of driverless cars have been tested in locations across the U.S. in recent years, but standards are inconsistent and in a handful of cases there have been accidents and even a death.

June 15, 2020

Amazon Tells Congress Bezos Will Testify in Tech Power Probe

Amazon.com Inc. told congressional investigators examining the market power of the largest technology companies that it would make CEO Jeff Bezos available to testify.

June 15, 2020

Marijuana Accounts for Most Failed Drug Tests, Clearinghouse Report Shows

More than 10,000 positive drug tests for marijuana were reported to the federal Drug & Alcohol Clearinghouse through the end of May this year, distinguishing pot by far as the banned drug of choice for truck drivers failing tests, according to new numbers released in a Clearinghouse report June 11.

June 12, 2020

Mnuchin Says US Can’t Shut Economy Even if Virus Resurges

Treasury Secretary Steven Mnuchin said the U.S. shouldn’t shut down the economy again even if there is another surge in coronavirus cases.

June 11, 2020

Unveiling the 2020 Top 100 For-Hire Carriers

The COVID-19 pandemic has transformed 2020 into a challenging and unprecedented year for the trucking industry, but at least for now, Transport Topics' annual ranking of the largest for-hire carriers in North America remains fairly stable.

June 22, 2020

US Business Debt Soars by Record on Bond Issuance, Loans

U.S. nonfinancial business debt soared in the first quarter by the most in records back to 1952, as bank loans and corporate bond issuance jumped in companies’ all-out effort to stay liquid during the coronavirus pandemic.

June 11, 2020

Transportation Funding Bill Part of Congress’ Summer Agenda

Agencies that oversee freight and passenger transportation policies will gain a clearer outlook for the next fiscal year when Congress this summer considers its annual funding legislation for the U.S. Department of Transportation.

June 11, 2020