WASHINGTON — Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain on American households.
May 11, 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..
New York Appeals Court Dismisses Suit Against Amazon
NEW YORK — An appeals court in New York dismissed New York Attorney General Letitia James’ lawsuit against Amazon over its coronavirus safety protocols and a former employee who led the successful union organizing effort on Staten Island.
May 10, 2022Musk’s Go-Private Tweets About Tesla Were Reckless, Judge Found
“No reasonable jury could find that Mr. Musk did not act recklessly.” That’s the upshot of a federal judge’s review of Tesla Inc. CEO Elon Musk’s 2018 tweets about taking the company private, as revealed in an order that was made public May 10.
May 10, 2022Biden Weighs Tariff Cuts to Fight High Inflation
President Joe Biden said May 10 he and his advisers are weighing whether to cut U.S. tariffs on foreign imports to try to fight inflation.
May 10, 2022Senators Blast US Trade Chief on Failure to Consult Congress
A bipartisan group of the top senators on the committee that deals with trade blasted President Joe Biden’s chief negotiator for failure to adequately consult with lawmakers regarding the administration’s positions.
May 10, 2022Buttigieg Touts Infrastructure Grants Proposal
Transportation Secretary Pete Buttigieg pointed to grants proposed by the Biden White House for fiscal 2023 as funding that potentially could modernize major aspects of the country’s mobility network.
May 10, 2022Legislators Optimistic About Ohio Bill to Provide Resources for CDL Training
Two Ohio legislators are optimistic their bill will pass in the General Assembly that would pay 50% of employer expenses to train truck drivers under a four-year tax credit capped at $25,000 per company.
May 10, 2022Gas Prices Hit Record With Driving Season Looming
Retail gasoline and diesel prices rallied to a record just ahead of the nation’s summer driving season, a challenge for President Joe Biden and the Federal Reserve as they face the fastest inflation in decades.
May 10, 2022NHTSA Seeks OK to Extend Data Collection for Safety Tech Study
The National Highway Traffic Safety Administration plans to continue gathering data for its crash-avoidance field study that is seeking comments from commercial motor carrier drivers about their beliefs and attitudes toward safety technologies.
May 10, 2022Diesel Rises 11.4¢, Sets New Record at $5.623 a Gallon
The national average price of diesel posted its second double-digit increase in as many weeks, rising 11.4 cents to $5.623 a gallon and a new all-time high, according to Energy Information Administration data released May 9.
May 9, 2022