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Service Industry Expands Modestly as Activity Cools

The U.S. service sector expanded only modestly in April according to the Institute for Supply Management, restrained by the weakest pace of business activity in nearly three years.

May 3, 2023

Fed Raises Key Rate Again, but Hints at Possible Pause

The Federal Reserve reinforced its fight against high inflation May 3 by raising its key interest rate by a quarter-point to the highest level in 16 years.

May 3, 2023

Senators Tout FCC’s 5.9 GHz Spectrum Waiver

U.S. Senate Transportation leaders touted the Federal Communications Commission’s recent decision to open access to a band of the transportation spectrum.

May 3, 2023

Electrified Fleet Grid Upgrades Could Benefit Utilities

Paying for power grid upgrades trucking companies need to charge electrified medium- and heavy-duty fleets would provide a long-term financial boon to utilities.

May 3, 2023

Clean Truck Technologies Developing at Rapid Pace

ANAHEIM, Calif. — The rollout of zero-emission commercial vehicles and the infrastructure to support it is proceeding with added urgency.

May 3, 2023

Oklahoma, UK Form Clean Energy Pact

Oklahoma and Britain will address trade barriers, increase investment and enhance business cooperation in zero-emission vehicles, agriculture and alternative energy.

May 2, 2023

House Lawmakers Unveil CDL Streamline Bill

Legislation meant to tackle the trucking industry’s driver shortage was recently introduced in the U.S. House of Representatives.

May 2, 2023

DOT OKs Drug Testing Drivers Using Oral Fluid Samples

The U.S. Department of Transportation on May 1 announced the issuance of a final rule approving use of oral fluid to drug test truck drivers.

May 2, 2023

USDA Funds Washington Biodiesel Hub

The Department of Agriculture has granted $3 million to a regional multimodal biodiesel distribution center to boost fuel production and distribution to aid Washington, Oregon and Idaho farmers,

May 2, 2023

FMC Commissioner Calls for Transparency in Shipping Industry

Federal Maritime Commissioner Carl Bentzel believes that the port bottlenecks that occurred during the peak of the coronavirus pandemic must be avoided during future emergencies.

May 2, 2023