The U.S. House of Representatives on Feb. 4 passed an expansive bill that would invest tens of billions in the U.S. tech sector, but Republican objections that it’s too weak on China threaten what Democrats hoped would be a quick election-year win.
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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..
Texas Cold Halts Some Permian Oil Wells as Ice Disrupts Trucking
The extreme cold that’s descended across Texas is prompting some oil producers in the Permian Basin to halt a small part of their output as icy roads disrupt critical trucking operations.
February 3, 2022House Debates Supply Chain Semiconductor Bill
Democratic leaders in the U.S. House of Representatives signaled the likelihood of advancing legislation meant to enhance supply chain connectivity.
February 3, 2022ATA Presses Congress for AV Policy Directives
WASHINGTON — Setting standards for a framework on autonomous vehicle technologies in trucking is a policy priority American Trucking Associations called on federal transportation lawmakers to pursue.
February 3, 2022Kansas City Southern Earnings Rise
As it undertakes a $30 billion merger, Kansas City Southern released its fourth-quarter and full-year 2021 financial report on Jan. 28.
February 3, 2022Government Aims to Streamline CDL Process
The Federal Motor Carrier Safety Administration amended its regulatory guidance to clarify that federal statutes and regulations do not prohibit third-party testers from administering commercial driver license learner permit knowledge tests.
February 3, 2022Jobless Claims Decline for Second Week as Omicron Eases
Applications for U.S. state unemployment insurance fell for a second week, partially unwinding a recent spike in claims as the omicron wave recedes.
February 3, 2022Bulk Shipping Rates Extend Slide on Weak Demand From China
A slowdown in China’s steel production is curbing demand for bulk ships to transport iron ore, driving a steady decline in global freight rates from October’s peak.
February 3, 2022Productivity Increases by the Most in More Than a Year
U.S. productivity surged last quarter by the most in more than a year, reflecting a sharp acceleration in economic output, while labor costs growth cooled.
February 3, 2022UK Wants to Renew Push for US Trade Deal After Midterms
The U.K. is hoping to resume its free-trade negotiations with the Biden administration after the U.S. midterm elections later this year, the minister leading the push said Feb. 2.
February 2, 2022