President Joe Biden enacted into law legislation designed to enhance domestic semiconductor manufacturing and alleviate supply chain bottlenecks.
August 9, 2022Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Diesel Drops Below $5 for First Time Since March
The national average price of diesel dropped to less than $5 a gallon for the first time since March, falling 14.5 cents to settle at $4.993, according to Energy Information Administration data released Aug. 8.
August 8, 2022US Retail Cargo Seen Cooling in Second Half as Inflation, Rates Bite
U.S. ports will see less retail cargo entering the country in the second half of the year as economic growth slows amid back-to-back interest rate increases and persistent inflation.
August 8, 2022Oregon Eyes Tolling Portland Region’s Interstates
Oregon is asking for public input on a congestion pricing plan to impose tolls on all lanes of Portland’s two interstates that would result in commercial trucks paying higher rates than passenger vehicles.
August 8, 2022STB Says ‘Train Noise’ Would Be Only Negative Impact of CP-KCS Merger
The Surface Transportation Board’s Office of Environmental Analysis determined the only potential adverse impacts of Canadian Pacific’s proposed merger with Kansas City Southern would be train noise, according to the STB’s Draft Environmental Impact Statement released Aug. 5.
August 8, 2022NHTSA Probes Tesla Crashes That Killed Two Motorcyclists
DETROIT — Two crashes involving Teslas apparently running on Autopilot are drawing scrutiny from federal regulators and point to a potential new hazard on U.S. freeways: The partially automated vehicles may not stop for motorcycles.
August 5, 2022Labor Chief Sees No Sign of Strike, Lockout in West Coast Port Talks
Labor Secretary Marty Walsh said he sees no signs of a strike or a lockout looming in the contract negotiations between dockworkers and employers at some of the nation’s most important ports, even as talks continue without a contract.
August 5, 2022Democrats Say They’ve Reached Agreement on Economic Package
WASHINGTON — Senate Democrats have agreed to eleventh-hour changes to their marquee economic legislation, they announced late Aug. 4, clearing the major impediment to pushing one of President Joe Biden’s paramount election-year priorities through the chamber in coming days.
August 5, 2022Employers Added 528,000 Jobs in July
WASHINGTON — America’s hiring boom continued last month as employers added a surprising 528,000 jobs despite raging inflation and rising anxiety about a recession.
August 5, 2022Senate Votes to Overturn Biden Environmental Rule
WASHINGTON — The Senate on Aug. 4 voted to overturn a Biden administration rule requiring rigorous environmental review of major infrastructure projects such as highways, pipelines and oil wells.
August 4, 2022