A weekly measure of Americans’ sentiment reached the second-highest level since 2000, adding to indications consumers remain generally upbeat even as respondents said in a monthly poll that they were somewhat less upbeat about their expectations for the economy.
June 20, 2019Search
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Drop in Jobless Claims Latest Sign of Strong Labor Market
Filings for U.S. unemployment benefits declined the most in five weeks in another sign the jobs market remains strong, underscoring the outlook of Federal Reserve officials.
June 20, 2019Data Shows There Are More Truckers Than Ever, but Experts Say the Driver Shortage Is Still an Issue
While U.S. Census Bureau data shows the number of truckers at an all-time high, industry experts contend a driver shortage remains an issue.
June 19, 2019FMCSA Chief Ray Martinez Tells Congress HOS Proposed Rule in ‘Final Stages’
WASHINGTON — A proposed rule meant to update hours-of-service guidelines for truck drivers will be announced in the near term, Ray Martinez, head of the Federal Motor Carrier Safety Administration, said during a hearing of the Senate Commerce Committee.
June 19, 2019Mexico’s Senate Ratifies USMCA Amid Trump Tariff Cease-Fire
Mexico’s Senate ratified a North American trade deal with the U.S. and Canada, becoming the first to do so amid a truce reached with President Donald Trump over an unrelated tariff threat.
June 19, 2019Refiners’ Group Asks Appeals Court to Block Expansion of E15 Gasoline
A trade organization representing U.S. refiners is asking an appeals court to reject a Trump administration plan to expand nationwide the blending, distribution and year-round sale of E15 fuel.
June 19, 2019US Logistics Costs Rise 11.4% in 2018, Report Says
Businesses spent $1.64 trillion on transportation and logistics services in the United States in 2018, a jump of 11.4% from the prior year, as companies retooled supply chains in response to the growth in online sales and tight capacity drove up freight rates.
June 19, 2019UPS Seeks FMCSA Exemption From 2020 Driving Instructor Requirements
UPS Inc. has requested an exemption from a federal regulatory requirement that its driver training instructors have two years’ minimum experience as trainers and have held a commercial driver license for at least two years, the Federal Motor Carrier Safety Administration announced June 19.
June 19, 2019America’s Middle Class Shows Signs of Life
One of the biggest concerns in recent decades has been the “hollowing out” of middle-wage, middle-skill jobs. Employment at the low and high ends of the income scale has risen faster, and many jobs that have traditionally supported the middle class have suffered by comparison, with ramifications that are social and political as well as economic.
June 18, 2019Research Advocacy Group Identifies Nine ‘Highway Boondoggles’
A $2.2 billion proposal to enhance freight connectivity along Interstate 81 in Virginia was among the nine projects deemed wasteful for taxpayers in a recent report by the U.S. Public Interest Research Group, whose authors encourage enhancing transit options.
June 18, 2019