WASHINGTON — White House Supply Chain Envoy Stephen Lyons told attendees at the AAPA Legislative Summit that the nation’s transportation system was severely tested during recent years.
March 30, 2023Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
US Revises Down Last Quarter’s Economic Growth to 2.6% Rate
WASHINGTON — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace.Â
March 30, 2023The World’s Most Important Oil Price Is About to Change
The world’s most important oil price is about to be transformed, allowing crude supplies from West Texas to help determine the price of millions of barrels a day of petroleum transactions.
March 30, 2023BNSF Train Derailment in Minnesota Prompts Evacuations
A train hauling ethanol and corn syrup derailed and caught fire in Minnesota early March 30, and nearby residents were ordered to evacuate their homes, authorities said.
March 30, 2023How Government Incentives Drive Electric Truck Adoption
President Joe Biden has made proliferation of electric vehicles a focus of his administration, with the commercial transportation industry playing a key role.
March 29, 2023DOT Focuses on Strategic Investments in Supply Chain
WASHINGTON — Department of Transportation leaders want to make strategic federal investments in infrastructure projects to increase supply chain resiliency and enhance the economy.
March 29, 2023Nikola Could Score $1 Million a Day in Hydrogen Incentives
If electric vehicle company Nikola can get its hydrogen fuel cell trucks and filling station network operable, the company could pull in hundreds of millions a year from federal incentives.
March 29, 2023Electric Truck Market Considers Infrastructure Reality
Electric truck market growth is poised to accelerate even as infrastructure constraints hinder that trajectory, according to experts.
March 29, 2023$264 Million Offered for Gulf Oil Under Climate Compromise
NEW ORLEANS  — Oil companies offered a combined $264 million for drilling rights in the Gulf of Mexico on March 29 in a sale mandated by last year’s climate bill compromise.
March 29, 2023RXO Opens New Cross-Border Facility in Texas
RXO celebrated the grand opening of its newest cross-border facility in Laredo, Texas, the company announced March 29.
March 29, 2023Trending
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