WASHINGTON — The federal government has a fresh warning to states seeking billions of dollars from President Joe Biden’s infrastructure law to widen roads: Protect the safety of pedestrians and bicyclists or risk losing funds.
March 2, 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..
Job Growth More Than Forecast in February, ADP Data Shows
U.S. companies in February added more jobs than forecast as COVID-19 cases dropped and restrictions eased, encouraging more Americans to work.
March 2, 2022Biden Sets Plans for Infrastructure Law, Fighting Inflation
President Joe Biden in his first State of the Union address stressed a long-term vision for the $1 trillion infrastructure bill he signed last year, and discussed domestic and international priorities his administration is targeting.
March 2, 2022Europe’s Biggest Logistics Firms Halt Deliveries Into Russia
Europe’s biggest logistics firms halted shipments to Russia, further isolating the country’s businesses and consumers after its military invaded Ukraine.
March 2, 2022Labor Department Partners With ATA on Apprenticeship Program
WASHINGTON — The U.S. Department of Labor has partnered with American Trucking Associations for an apprenticeship program that could play a significant role in easing the industry’s driver shortage, and presents motor carriers with an opportunity to directly work with and train new entrants to boost their driving ranks.
March 1, 2022WTI Tops $103 as Supply Fears Persist
Oil extended gains after the close as a decision by the U.S. and other major economies to release emergency stockpiles failed to ease concerns of a major shortfall in supplies as sanctions mount on Russia.
March 1, 2022Nations Agree to Release 60 Million Barrels of Oil
FRANKFURT, Germany — The International Energy Agency’s 31 member countries agreed March 1 to release 60 million barrels of oil from their strategic reserves — half of that from the United States — “to send a strong message to oil markets” that supplies won’t fall short after the Russian invasion of Ukraine.
March 1, 2022DOT Report Offers Ideas to Ease Supply Chain Disruptions
A Department of Transportation assessment of U.S. supply chain disruptions calls for new policies and utilizing funding resources contained in the bipartisan infrastructure law for such solutions as expanding truck parking and improving warehouse capabilities.
March 1, 2022Biden Takes on Ocean Shipping as FMC Sees Market Setting Rates
President Joe Biden is taking on the concentrated market power of ocean shipping companies, although officials at the agency overseeing the industry indicated they lack both the jurisdiction and, for now, any evidence of wrongdoing.
March 1, 2022Toyota to Resume Japan Production After Supplier Cyberattack
Toyota Motor Corp. will resume work at all its Japanese factories March 2 after a one-day shutdown, limiting the fallout from a cyberattack on one if its key suppliers.
March 1, 2022