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ASCE Report: Underfunded Infrastructure Will Seriously Impact Economy

Failure to properly invest in the nation’s deteriorating surface transportation infrastructure will inflict significant negative consequences on the economy, according to preliminary findings from the American Society of Civil Engineers.

September 23, 2020

California Aims to End Sales of New Gas-Powered Cars, Trucks by 2035

California will aim to halt sales of new gasoline-powered passenger cars and trucks by 2035, Gov. Gavin Newsom announced Sept. 23, a move he says would cut greenhouse gas emissions by 35% in the nation’s most populous state.

September 23, 2020

Oil Pares Gains as Stocks Slip on Fed Warnings on Economy

Oil pared its advance Sept. 23 as stocks fell on the latest warnings from Federal Reserve officials about the economic outlook due to the coronavirus.

September 23, 2020

Watch the Replay: Future of Freight and Supply Chain Symposium

Trucking execs from XPO Logistics, C.R. England, NFI Industries, YRC Worldwide and Transfix were among the guests featured during our Oct. 8 TT/CQ Roll Call virtual symposium, "The Future of Freight and Supply Chain Management." Watch the replay now.

October 7, 2020

Growth in US Business Activity Stays Solid, IHS Markit Data Shows

U.S. business activity continued to expand at a solid clip in September, outpacing a stagnant Europe and capping a vigorous third-quarter rebound for the economy.

September 23, 2020

Poll: Californians Not Sold on Treating Uber, Lyft Drivers as Independent Contractors

Uber, Lyft and other app-based companies are in danger of coming up short with voters on a ballot measure that would allow them to again classify their workers as independent contractors, a new statewide poll shows.

September 23, 2020

House OKs Funding Bill With Highway Law Extension

WASHINGTON — In a sweeping bipartisan vote that takes a government shutdown off the table, the House passed a temporary government-wide funding bill Sept. 22, shortly after President Donald Trump prevailed in a behind-the-scenes fight over his farm bailout.

September 22, 2020

Nine More Individuals Indicted in Staged Accidents Scam in La.

Nine more people have been indicted in connection with a sweeping federal investigation into staged accidents with commercial vehicles in the New Orleans area.

September 22, 2020

Freight Stakeholders Press for Excise Tax Suspension

A sector within the transportation community is asking the leadership on Capitol Hill to suspend a tax on the purchase of new trucks as part of a pandemic-related economic aid measure.

September 22, 2020

Powell, Mnuchin Voice Optimism but Back More Economic Aid

Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism Sept. 22 that the U.S. economy is rebounding from the pandemic-induced recession with federal support but that more help from the government is likely needed.

September 22, 2020