OMAHA, Neb. — The U.S.’s third-largest railroad union rejected a deal with employers Oct. 10, renewing the possibility of a strike that could cripple the economy. Both sides will return to the bargaining table before that happens.
October 11, 2022Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Coast Guard Faults Pilot in Chesapeake Bay Ship Grounding
A Coast Guard investigation into the grounding in March of a cargo ship in the Chesapeake Bay faulted the pilot tasked with helping the ship navigate the waterway.
December 7, 2022Secretary Buttigieg Lauds Workers at UPS Worldport Hub
Transportation Secretary Pete Buttigieg hailed UPS Worldport workers in Louisville during a Kentucky stop where he rode with a truck driver and toured facilities.
December 7, 2022Consumers Enjoy Tentative Relief as Supply Chains Unclog
The supply backlogs of the past two years — and the delays, shortages and outrageous prices that came with them — have improved dramatically since summer.
December 7, 2022Tax Credits Kick in Jan. 1 for Alternative Fuel Infrastructure, Commercial EVs, Related Items
New tax credits for installing alternative fuel infrastructure or buying new commercial electric and fuel cell vehicles are available from the Internal Revenue Service starting Jan. 1.
December 7, 2022District of Columbia Sues Amazon for ‘Stealing’ Delivery Driver Tips
The attorney general for Washington, D.C., is suing Amazon.com Inc., seeking civil penalties for allegedly misleading consumers who thought they were tipping delivery drivers but had the money diverted to cover the couriers’ base pay.
December 7, 2022Kodiak Robotics Wins Army Self-Driving Contract
Kodiak Robotics Inc., a self-driving technology company active in trucking, announced in a blog post this month that the Army and the Defense Innovation Unit selected it for a 24-month, $49.9 million agreement to adapt its self-driving platform, Kodiak Driver, for the Army’s robotic combat vehicle program.
December 7, 2022Trade Deficit Widens on Greater Imports, Drop in Exports
The U.S. trade deficit widened for a second month in October, as the value of imports increased and exports declined, which may weigh on economic growth in the fourth quarter.
December 6, 2022Rising Battery Prices Threaten to Derail the Arrival of Affordable EVs
The trend of falling battery prices has ground to a halt this year, with BloombergNEF’s annual lithium-ion battery price survey showing a 7% increase in average pack prices in 2022 in real terms.
December 6, 2022California’s Newsom Proposes Fines on Oil Companies
California could become the first state to fine big oil companies for making too much money, a reaction to the industry’s supersized profits following a summer of record-high gas prices in the nation’s most populous state.
December 6, 2022