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Services Gauge Shrinks Unexpectedly in Worst Slide Since 2020

A U.S. services gauge unexpectedly shrank at the end of 2022, with steep declines in measures of business activity and orders that, if sustained, risk heightening concerns about the demand outlook.

January 6, 2023

FMCSA Proposes Financial Security Requirements for Freight Forwarders

The Federal Motor Carrier Safety Administration has issued a proposed rule that establishes financial security requirements for freight forwarders, taking further action on legislation that stretches back more than a decade.

January 5, 2023

FHWA Announces $2.1 Billion for Four Large Bridge Projects

President Joe Biden on Jan. 4 visited the worn-out Brent Spence Bridge in Kentucky as part of the administration鈥檚 renewed push to highlight the bipartisan infrastructure law.

January 5, 2023

Biden, McConnell Announce $1.4 Billion Brent Spence Bridge Grant

Efforts to improve the Brent Spence Bridge in northern Kentucky took a step forward on Jan. 4 when President Joe Biden announced a nearly $1.4 billion grant toward the Brent Spence Bridge project.

January 4, 2023

Manufacturing Contracts in December for Second Straight Month

U.S. manufacturing activity contracted for a second month in December, capping the steepest annual slide in the key factory gauge since 2008 and helping to further tame price pressures.

January 4, 2023

Congress OKs $350M for Great Lakes Icebreaker

Congress has authorized funding for a new icebreaker for the Great Lakes, a priority that the shipping industry and Sen. Gary Peters (D-Mich.) have sought for years to fight ice dams in the lakes and surrounding waterways.

January 3, 2023

Fresh Fragility in Global Trade Set to Be Revealed in 2023

Since 2020, a pandemic-fueled supply crunch, Russia鈥檚 war with Ukraine, and a deepening rift in the U.S.-China trade relationship have hammered home the idea that the world needs more resilient trade networks.

January 3, 2023

Nebraska Opens Lincoln South Beltway

One of Nebraska鈥檚 largest transportation projects is completed with the recent opening of the main part of the four-lane, east-west Lincoln South Beltway.

January 3, 2023

Rural Freight Corridors Among $273.9 Million in Grant Funding

The U.S. Department of Transportation has awarded $273.9 million to 12 projects that are designed to improve safety and freight movement on rural roadways in several states.

December 29, 2022

New Pocket Guide Includes Key Transportation Metrics

A 72-page 鈥淧ocket Guide to Transportation 2023鈥 from the federal government is available online and in print with key statistical data and highlights of major national transportation data trends.

December 28, 2022