The U.S. Export-Import Bank approved a plan April 14 that could yield a flood of financing for U.S. energy ventures, including wind and solar projects, battery manufacturing and terminals to sell LNG overseas.
April 14, 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..
Jobless Claims Rise but Remain Near 50-Year Low
WASHINGTON — The number of people seeking unemployment benefits ticked up last week but remained at a historically low level, reflecting a robust U.S. labor market with near record-high job openings and few layoffs.
April 14, 2022Retail Sales Show Impact of Surging Gas Prices
U.S. retail sales picked up in March, helped by a surge in gas station receipts that masked mixed results in other large spending categories as consumers contend with decades-high inflation.
April 14, 2022Abbott to Halt Some Truck Inspections on Border Snarl
Texas will halt some vehicle inspections at the U.S.-Mexico border after a protest against Gov. Greg Abbott’s crackdown provoked protests that halted some crucial food and equipment shipments.
April 13, 2022Labor Leaders Optimistic Over Port Contract Talks
With negotiations expected to begin soon between the 22,000-member International Longshore and Warehouse Union and the Pacific Maritime Association, ILWU leaders are expressing confidence that the two sides will reach an agreement — without an interruption in work — before the June 30 deadline for the current contract expiration.
April 13, 2022EPA’s New NOx Reduction Proposal Debated at Hearing
In an all-day virtual hearing, many of the roughly 140 parties commenting expressed support for the U.S. Environmental Protection Agency’s proposed new rule to tighten nitrogen oxides emissions. Others, however, either viewed the effort as a lost opportunity or attacked it as an overreach.
April 13, 2022Oklahoma, Louisiana, Arkansas Create Hydrogen Hub
Three states are joining forces to create a regional hub to develop and produce hydrogen that will be used as a fuel and for manufacturing feedstock.
April 13, 2022Congress Kicks Off Budget Season as White House Responds to Fuel Prices
The leadership of federal agencies will visit Capitol Hill over the next few weeks to defend their slice of the White House’s far-reaching budget plan.
April 13, 2022Shipping Slowdown Exposes Vulnerability of US Economic Growth
Real economic activity in the U.S. is slowing sharply. This is showing up in lower demand for new trucks and autos, and a tailing off in freight volumes, leaving transport stocks facing more downside.
April 13, 2022Transportation Leader Peter DeFazio Reflects on IIJA Implementation
Over his years in office, Rep. Peter DeFazio has become one of the staunchest proponents for increasing federal dollars to repair and modernize the nation’s infrastructure.
April 13, 2022