The White House’s $5.8 trillion fiscal 2023 budget proposal aims to increase funding for federal trucking regulators.
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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..
Passing the Torch: A Career Committed to Improving Infrastructure
Reflecting on the passage of the infrastructure bill, which projects will offer the most benefit to the trucking industry and what were some of the missed opportunities? As House Transportation and Infrastructure Committee Chairman, Rep. Peter DeFazio recognizes the value in investing in commercial transportation improvement projects like port modernization and workforce development. In this special edition of Newsmakers, Rep. Peter DeFazio joins TT's Eugene Mulero and Dan Ronan to discuss how Congress might respond to rising fuel costs, the problem with truck parking, and his decision to retire at the end of this term.
April 8, 2022FMCSA Drops Two CDL Streamlining Proposals
Federal trucking regulators have withdrawn two proposals intended to streamline credentialing and testing processes for aspiring truck drivers to obtain their commercial driver licenses.
March 28, 2022A World That’s More Expensive Begins to Reduce Demand
Prices for some of the world’s most pivotal products — foods, fuels, plastics, metals — are spiking beyond what many buyers can afford. That’s forcing consumers to cut back and, if the trend grows, may tip economies already buffeted by pandemic and war back into recession.
March 28, 2022Biden Pitches $5.8 Trillion Plan With Record Tax Hike
President Joe Biden’s budget release on March 28 is shaping up as a direct appeal to moderate Democrats, emphasizing deficit reduction and flexibility on social spending as the White House hopes to win support for new legislation before November’s midterm elections.
March 28, 2022US Considers New Oil Release From Strategic Reserve
The U.S. is considering another release of oil from its emergency reserves as prices continue to surge after Russia’s invasion of Ukraine, people familiar with the matter said March 25.
March 25, 2022Warren Says Ocean Freight Alliances Add to Inflation
Sen. Elizabeth Warren (D-Mass.) blamed rising U.S. inflation in part on the largest ocean shipping companies, calling “the anti-competitive nature” of the industry the root cause of soaring prices to transport goods around the global economy.
March 25, 2022USPS Doubles EV Order From Oshkosh
The U.S. Postal Service announced March 24 it ordered more than 10,000 new electric delivery trucks, up from the 5,000 the agency had initially planned to purchase.
March 24, 2022Economic Changes Drive a New Trucking Environment, Panelists Say
The trucking industry is starting to normalize as the coronavirus pandemic loses its grasp on the economy, a panel of experts said March 23.
March 24, 2022Four States Sign Pact to Develop Hydrogen Hub
New York, New Jersey, Massachusetts and Connecticut agreed to work with about 40 clean power companies, utilities and universities to create plans for a regional hydrogen hub as part of a push to curb greenhouse gas emissions.
March 24, 2022