Economic indicators suggest the trucking industry could be poised for growth in 2021, after the coronavirus pandemic caused a topsy-turvy year in 2020 marked by unpredictable demand and continued uncertainty in the driver pool.
November 24, 2020Search
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Operational Cost of Trucking Down 9.3%, ATRI Finds
Costs associated with trucking operations have decreased, according to the American Transportation Research Institute.
November 24, 2020COVID-19 Aid, Government Funding Lead Lame-Duck Agenda
Members of Congress return to Capitol Hill after Thanksgiving to close out a post-election lame-duck session that will include government funding legislation and the possibility of a new round of COVID-19 relief aid.
November 24, 2020Oil Jumps Past $45, Dow Eclipses 30,000
Oil reclaimed heights not seen since the pandemic shocked markets in the spring, with the start of the U.S. presidential transition and improved vaccine prospects infusing optimism across markets.
November 24, 2020North Dakota Tops Reason Foundation’s Annual Highway Report
North Dakota has the best state-owned road system in the country, according to Reason Foundation’s recently released Annual Highway Report.
November 24, 2020Economic Outlook Bright for Holidays
Goods are pouring into ports, being delivered by trucks to warehouses and e-commerce locations, and retailers are restocking their shelves as the holiday shopping season gets into full swing. It’s also a major reason why trucking continues to outperform the overall U.S. economy.
November 24, 2020US Consumer Confidence Falls as Virus Surge Dampens Expectations
U.S. consumer confidence fell in November to a three-month low as the coronavirus resurgence prompted a slide in Americans’ expectations for the economy and job market.
November 24, 2020NTTC, ATA Seek Approval of Electronic Documents for Hazmat Shipments
National Tank Truck Carriers and American Trucking Associations have petitioned federal hazardous materials regulators to “without delay” develop a rulemaking that would allow motor carriers to use and accept electronic shipping papers and certifications for hazmat shipments.
November 24, 2020Diesel Rises 2.1¢ to $2.462 a Gallon
The nationwide average price of diesel fuel increased 2.1 cents per gallon, according to U.S. Energy Information Administration.
November 23, 2020GM Pulls Support From Trump’s Battle With California on Emissions
General Motors Co. will withdraw from the legal battle between the Trump administration and California officials over the state’s authority to set automobile emissions rules, a major shift in the contentious fight that has fractured the industry.
November 23, 2020