Joe Biden is promising to shift production of medical equipment and other key pandemic-fighting products “back to U.S. soil,” creating jobs and bolstering a domestic supply chain he says has been exposed as inadequate and vulnerable by the coronavirus outbreak.
July 7, 2020Search
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White House Wants Stimulus by August Recess With $1 Trillion Cap
The White House wants Congress to pass another stimulus package by the first week in August, before lawmakers head home for their annual summer recess, and to keep the cost at $1 trillion or less, according to Vice President Mike Pence’s top aide.
July 7, 2020I-440 Project in Nashville Wraps Ahead of Schedule
A major Interstate 440 reconstruction project has been completed ahead of schedule, Tennessee government officials recently announced.
July 7, 2020Electric Vehicles Are Starting to Buoy the Global Metals Market
The market gloom over the metals that will power the cars of the future is starting to lift.
July 7, 2020FHWA Announces Funding Opportunity for Technology Grants
The Federal Highway Administration recently announced the availability of $60 million in grant funding for groups working on projects that involve transportation technologies.
July 7, 2020Diesel Continues Slow, Steady Upward Climb
The national average retail price of diesel rose for the fifth consecutive week, up seven-tenths of a cent to $2.437 a gallon.
July 6, 2020McConnell Expects New Virus Relief Bill by End of Month
Senate Majority Leader Mitch McConnell predicted Congress will pass one final coronavirus rescue package later this month and appealed to everyone in public life to urge people to wear masks to control the spread.
July 6, 2020US Stocks Rally, Sending Nasdaq to Record High
U.S. stocks jumped, with tech shares pushing the Nasdaq Composite to a record high. The dollar fell for a fifth day and Treasuries dipped.
July 6, 2020Sen. Tom Carper Challenges Freight, Transit Committees to Craft Infrastructure Plans
Delaware Sen. Tom Carper, the Environment and Public Works Committee's ranking Democrat, recently reminded fellow senators in the Republican-led chamber about unfinished infrastructure business. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
July 6, 2020Oil’s Rally Falters in US With Summer Demand Looking Bleak
U.S. crude futures reversed course with investors concerned that lackluster demand through the summer months will weigh on the market’s recovery.
July 6, 2020