The nation’s employers added a robust 216,000 jobs in December 2023, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.
January 5, 2024Search
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Maersk Extends Red Sea Diversion and Warns Risk Will Persist
A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea “for the foreseeable future” after pausing transits earlier this week to assess the situation.
January 5, 2024Senate to Consider NTSB Nominations
Confirmation votes for National Transportation Safety Board nominees J. Todd Inman and Alvin Brown are on the Senate’s radar.
January 5, 2024Secretary Buttigieg to Headline Annual TRB Conference
Transportation Secretary Pete Buttigieg is among the senior officials headlining the Transportation Research Board meeting this year.
January 4, 2024Oil’s Ample Supply Has Analysts Seeing Tough Year for Crude
Supply is back in the driver’s seat for global crude markets, as rising production from non-OPEC+ nations including the U.S. may outstrip global demand that’s growing at a slower pace.
January 4, 2024Spot Container Shipping Rates Soar 173% on Red Sea Threats
Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea.
January 4, 2024State Group Sues Biden Administration Over Emissions Rules
A consortium of 21 states has filed a federal lawsuit claiming that President Joe Biden and his administration have overstepped their authority in taking steps to regulate greenhouse gas emissions.
January 3, 2024Diesel Prices Eased in 2023 in Lone Bright Spot for Costs
Nationwide on-highway retail diesel prices ended 2023 some 14.5% below where they began the year.
January 3, 2024Truck Parking Eyed in Planning for Rest Area Site in Oregon
Planning is underway to revitalize a heavily congested rest area on Mount Hood in Oregon that would include truck parking spaces.
January 3, 2024US Factory Activity Shrinks for 14th Straight Month
A measure of U.S. factory activity remained stuck in contraction territory for a 14th straight month at the end of 2023, restrained by weaker orders.
January 3, 2024