WASHINGTON — Top White House executives urged port leaders to collaborate with their elected leaders and focus on projects that align with Biden administration goals as they strive to access a share of $1.2 trillion in federal infrastructure funds.
March 31, 2022Search
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OPEC Sticks to Modest Boost in Oil Despite War Jitters
LONDON — OPEC and allied oil producers including Russia decided March 31 to stick to a modest increase in the amount of crude they pump to the world, a step that supports higher prices even as the Biden administration plans to try to lower them by releasing oil from strategic reserves.
March 31, 2022Key Inflation Gauge Sets 40-Year High as Fuel, Food Soar
WASHINGTON — An inflation gauge that is closely monitored by the Federal Reserve jumped 6.4% in February compared with a year ago, with sharply higher prices for food, gasoline and other necessities squeezing Americans’ finances.
March 31, 2022Biden Plans to Tap Oil Reserve to Control Gas Prices
WASHINGTON — President Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation’s strategic petroleum reserve, according to two people familiar with the decision, in a bid to control energy prices that have spiked as the U.S. and allies have imposed steep sanctions on Russia over its invasion of Ukraine.
March 31, 2022Secretary Walsh Optimistic About Port Workers’ Contract Talks
CARLISLE, Pa. — Labor Secretary Marty Walsh is optimistic that upcoming labor negotiations for workers at West Coast ports will progress smoothly, noting the critical role that dockworkers and port drivers play in keeping supply chains moving.
March 30, 2022Congressional Transportation Policymakers Push AV Tech Bill
Two leading proponents in Congress for the establishment of a national regulatory framework for autonomous vehicles recently expressed optimism about the eventual passage of their legislation.
March 30, 2022Two More Plead Guilty to Staged Accidents in New Orleans
Two New Orleans women have pleaded guilty in separate conspiracy schemes to stage accidents — one involving a tractor-trailer and the other a bus.
March 30, 2022Biden Invokes Defense Production Act to Boost EV Battery Production
The Biden administration announced it will invoke Cold War powers to boost domestic production of materials for batteries needed to power electric vehicles and the transition to renewable energy, a move intended to improve U.S. competitiveness in a market dominated by China.
March 31, 2022Companies Added 455,000 Jobs in March, ADP Reports
Employment growth at U.S. companies in March advanced strongly, indicating higher wages are helping firms fill a near-record number of vacancies.
March 30, 2022Yellow Welcomes Labor Secretary Walsh at Driver Training Academy Opening
CARLISLE, Pa. — Executives from Yellow Corp. were joined by Labor Secretary Marty Walsh and Pennsylvania Gov. Tom Wolf at a March 29 ribbon-cutting for the motor carrier’s 17th driving academy, a date that also marked the end of the Biden administration’s 90-day challenge to trucking companies to ramp up training and apprenticeship programs to bring drivers to the industry.
March 30, 2022