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, 2023Search
Showing 10 of 23849 results
EV Tax Credit Rulings Please Some Automakers, Exclude Others
The U.S. government has angered Tesla Inc.’s Elon Musk and handed welcome news to other automakers like Hyundai Motor Co. with guidance on which electric vehicles will qualify for tax credits in the coming months.
January 5, 2023Labor Data Surprises as Job Market Runs Hotter Than Forecast
Data released Jan. 5 reinforced the strength of the labor market, with hiring at U.S. companies far exceeding expectations and applications for jobless benefits falling to a three-month low.
January 5, 2023FHWA 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’s renewed push to highlight the bipartisan infrastructure law.
January 5, 2023Biden, 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, 2023Secretaries Granholm, Buttigieg to Headline 2023 TRB Conference
Biden administration Cabinet secretaries Pete Buttigieg and Jennifer Granholm are headlining this year’s annual meeting of the Transportation Research Board.
January 4, 2023Manufacturing 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, 2023Increase of 4.6¢ Halts Diesel’s Seven-Week Decline Streak
The national average price of diesel increased after seven straight weeks of declines, rising 4.6 cents to $4.583 according to Energy Information Administration data on Jan. 2.
January 3, 2023Congress 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, 2023Connecticut Truckers Grapple With New Highway Tax
With a new highway use tax set to taking effect with the new year, the trucking industry in Connecticut still has many questions about how to comply and who must pay the tax and is also floating the possibility of legal action.
January 3, 2023