91ÊÓƵ

Consumer prices rose 2.8% in November from a year earlier, the Commerce Department said Jan. 22, up from a 2.7% annual pace in October. Excluding food and energy, core prices also increased 2.8%.

 ATA President Chris Spear again called on congressional policymakers to tackle growing concerns linked to fraudulent CDL mills during Capitol Hill testimony Jan. 21.

Freight tonnage remained constrained with a slight sequential improvement in December, failing to overcome its generally lower levels, American Trucking Associations reported Jan. 20.

U.S. natural gas futures rocketed to the highest price since 2022, as frigid weather sweeps across major markets for the heating fuel and forces traders to cover bearish positions.

The Detroit-based manufacturer also said it will likely end output of its all-electric Chevrolet Bolt that’s built in the Kansas plant in about a year and a half.

As a government funding deadline looms, congressional leaders are expected to schedule consideration of a fiscal 2026 transportation bill that includes $200 million for truck parking.

In a document posted to the STB’s website Jan. 16, the agency said Union Pacific’s application to acquire Norfolk Southern was rejected, but it could be revised and refiled.

Oil executives and industry leaders have stressed companies need political and legal reforms, contract certainty and security guarantees before investing in Venezuela.

GDP rose at a 4.4% annual pace in the third quarter, the Commerce Department reported Jan. 22, up from 3.8% in the April-June quarter and from the 4.3% growth the department initially estimated.

The United States has imposed a 15% tariff on most imports from Japan. Another concern is the impact on Japanese manufacturing, including automakers, from China’s curbs on exports of rare earths.