Initial applications for U.S. unemployment capped 2024 at an eight-month low, reflecting the muted levels of job cuts in a labor market that has remained surprisingly resilient.
January 2, 2025Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Nippon Steel Offers Biden Veto Power to Win US Steel Deal
The proposal is aimed at addressing concerns raised by CFIUS, which said last week that the Japanese company’s takeover of U.S. Steel would lead to a decline in American steel output.
January 2, 2025New Jersey Seeks to Halt New York Congestion Pricing Plan
New Jersey asked a federal judge to block New York from moving forward on Jan. 5 with a plan to charge drivers entering Manhattan’s central business district while a legal challenge plays out.
January 2, 2025New IANA CEO Anne Reinke Aims to Lift Intermodal
New Intermodal Association of North America CEO Anne Reinke wants to elevate the industry’s profile and Capitol Hill presence. But before she makes any moves, she’s going to learn the ropes.
January 2, 2025Dockworker Talks to Resume Jan. 7 as Port Strike Looms
Facing a mid-January deadline to reach a deal, the planned talks are a welcome sign for shippers bracing for a labor disruption that would shut every major port on the U.S. East and Gulf coasts.
January 2, 2025Tesla Semi Crash, Fire Mark NTSB’s First EV Truck Case
In its first accident probe of an electric-battery heavy truck, NTSB is examining the Aug. 19 crash of a 2024 Tesla Semi that burned to the ground after it veered off the road and struck a tree.
December 30, 2024Trump Backs Johnson With ‘Total Endorsement’ Before Key Vote
Mike Johnson has faced criticism from ultraconservative lawmakers after backing a temporary spending deal that failed to include Donald Trump’s demands for lifting the U.S. debt ceiling.
December 30, 2024Yellen Urges Swift Action as Debt Ceiling Looms
The department has in the past deployed what are known as “extraordinary measures” or accounting maneuvers to keep the government operating.
December 30, 2024US Natural Gas Prices Surge 20% on Colder Forecasts
U.S. natural gas futures soared as the weather outlook for January shifted colder, raising demand prospects for the fuel used in heating and power generation.
December 30, 2024US Economy Defies Odds Despite Election-Year Challenges
Despite uncertainty around a presidential election, elevated interest rates and a cooling labor market, economic growth remained solid in 2024.
December 30, 2024