Just 12% of the nation’s interstate road system is causing 89% of the trucking industry’s congestion problems, and repairs to the key choke points that cause delays could reap benefits in fuel consumption and emissions reductions, the American Transportation Research Institute said.
March 5, 2019Search
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JPMorgan Chase: Tax Refunds Often Reset Consumers’ Finances
Refunds have averaged $3,602, and amount to the biggest incoming cash flow day of the year for 29% of recipients, according to the institute’s study of bank and credit card customer data from 2015-17, before the 2017 Republican tax law took effect.
March 5, 2019US Indefinitely Delays Increased Tariffs on Chinese Goods
The United States has confirmed the country is postponing “until further notice” a scheduled tariff increase on Chinese goods, the latest sign that the world’s two largest economies could be headed toward a de-escalation of their trade dispute.
March 5, 2019Diesel Rises 2.8¢ for Third Consecutive Weekly Gain
The U.S. average retail price of diesel rose 2.8 cents to $3.076 a gallon, according to the Department of Energy, as crude prices inched higher.
March 4, 2019Alabama Gov. Kay Ivey Proposes Fuel Tax Hike for Infrastructure Plan
Alabama Gov. Kay Ivey has proposed a 10-cent increase to the state’s fuel tax as part of her Rebuild Alabama Infrastructure Plan to generate money for transportation projects.
March 4, 2019Rep. Sam Graves: August Do-or-Die Month for Infrastructure Bill in 2019
From fuel tax increases to a vehicle-miles-traveled fee, Congress has several funding options to consider. Here's your Capitol Agenda look ahead for the week for trucking on Capitol Hill.
March 4, 2019Trade Deal That Would Lift US Tariffs on Chinese Goods Said to Be Near
The United States and China are close to a trade deal that could lift most or all U.S. tariffs as long as Beijing follows through on pledges ranging from better protecting intellectual-property rights to buying a significant amount of American products, two people familiar with the discussions said.
March 4, 2019Consumer Spending Fell Sharp 0.5% in December
WASHINGTON — U.S. consumer spending tumbled 0.5% in December, the biggest decline in nine years, as the holiday shopping season ended in disappointment. Meanwhile, incomes rose sharply in December but edged down in January.
March 1, 2019Survey: US Manufacturing Grows at Slower Pace in February
BALTIMORE — American manufacturers expanded at a slower rate in February, as the pace of new orders, production and employment each slipped.
March 1, 2019ATA Touts Introduction of Interstate Driving Legislation
American Trucking Associations has strongly praised the introduction in the 116th Congress of a bill designed to facilitate interstate driving for truckers younger than 21.
March 1, 2019