President Joe Biden’s point man carrying out the roughly $1 trillion infrastructure law defended the administration’s emphasis on fixing before taking on new expansion as congressional Republicans criticized the policy.
June 16, 2022Search
Showing 10 of 22148 results
= Premium Content
TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Tesla Increases Prices Up to $6,000 Across Lineup
Tesla Inc. has increased prices across its lineup by as much as $6,000, Electrek reported, as global automakers grapple with surging costs for raw materials, particularly battery components.
June 16, 2022Ohio, Kentucky Apply for Federal Grant for New Interstate Bridge
Kentucky and Ohio officials are pushing forward to build a companion to the Brent Spence Bridge after both governors recently applied for a $1.66 billion federal mega infrastructure grant to improve the notorious bottlenecked 8-mile freight corridor.
June 15, 2022FAA Says Future Planes Will Need to Reduce Carbon Emissions
WASHINGTON — The Biden administration proposed June 15 that future planes produce lower levels of greenhouse gas emissions before they can be certified by federal regulators.
June 15, 2022Fed Hikes Rates 75 Basis Points, Intensifying Inflation Fight
The Federal Reserve raised interest rates by 75 basis points — the biggest increase since 1994 — and Chair Jerome Powell signaled another big move next month, intensifying a fight to contain rampant inflation.
June 15, 2022House Transportation Leaders Press Freight Rail Safety
The top Democrats on the House transportation panel highlighted workplace safety concerns across freight rail operations shortly after the Biden administration awarded the industry grants to alleviate supply chain woes.
June 15, 2022ATA's Chris Spear Touts Issues-First Approach to Infrastructure Bill
NASHVILLE, Tenn. — American Trucking Associations President Chris Spear praised the bipartisan work that carried a federal infrastructure package across the finish line, and stressed that his group will always put issues ahead of politics
June 15, 2022Biden Tells US Oil Refiners Record Profits ‘Not Acceptable’
President Joe Biden told U.S. oil refiners that unprecedented profit margins are unacceptable and called for “immediate action” to improve capacity as the soaring price of gasoline feeds record inflation and fears of a recession.
June 15, 2022May Retail Sales Post Drop as Auto Purchases Plunge
U.S. retail sales fell in May for the first time in five months, restrained by a plunge in vehicle purchases and other big-ticket items, suggesting moderating demand for goods amid decades-high inflation.
June 15, 2022Diesel Crisis Likely to Stay Unfixed by Oil Refining Revival
A wave of new oil refining capacity that’s coming on stream won’t be enough to solve a global shortage of diesel, jet fuel and similar petroleum products.
June 15, 2022