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Oil Drops for Third Day Before OPEC+ Reviews Easing Output Cuts

Oil fell below $42 a barrel in New York as OPEC+ gathered to assess its supply deal, with countries struggling to contain the virus that has hurt economies and fuel demand globally.

August 17, 2020

Pelosi Calls House Back Into Session to Vote on Postal Bill

Speaker Nancy Pelosi is calling the House back into session over the crisis at the U.S. Postal Service, setting up a political showdown amid growing concerns that the Trump White House is trying to undermine the agency ahead of the election.

August 17, 2020

Agency OKs $27M to Boost Zero-Emission Vehicles in California

California’s South Coast Air Quality Management District has approved the first installment of $27 million in a program that ultimately will provide up to $90 million to replace higher-polluting Class 8 trucks and port drayage trucks with zero-emission vehicles.

August 17, 2020

FMCSA’s Jim Mullen Stepping Down; Wiley Deck to Become Deputy Administrator

Federal Motor Carrier Safety Administration acting Administrator Jim Mullen will leave his position at the end of August.

August 14, 2020

Pennsylvania Transportation Commission OKs 12-Year Investment Plan

The Pennsylvania State Transportation Commission recently updated its transportation program, which outlines plans to direct billions of dollars to future infrastructure projects.

August 14, 2020

US Seizes Four Iranian Tankers Carrying Fuel to Venezuela

The U.S. seized four tankers carrying Iranian gasoline bound for Venezuela in an unprecedented move by the Trump administration that carries the potential to destabilize global oil shipments if Iran retaliates.

August 14, 2020

Port of Los Angeles Chief Says China to Miss Agriculture Target

The head of the U.S.’ busiest port said China is on track to buy less than one-third of the American agricultural products it promised to purchase in 2020, the first year of a trade pact between the world’s biggest economies.

August 14, 2020

Senate Passes Pipelines Policy Bill

The Senate this month passed a bipartisan bill that would reauthorize the agency overseeing pipeline safety across the country.

August 14, 2020

Rebound in US Retail Sales Slowed in July Amid Virus Surge

The rebound in U.S. retail sales slowed in July by more than expected, indicating a surge in coronavirus cases and still-high unemployment cooled the economic recovery.

August 14, 2020

Uber, Lyft Denied Extended Delay of Driver Labor Ruling in California

Uber Technologies Inc. and Lyft Inc. failed to persuade a judge to put an extended hold on his order converting their California drivers to employees while they appeal.

August 13, 2020