WASHINGTON — The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy job security.
March 21, 2024Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Unemployment Applications Dip to 210,000
Senators Introduce TSA Clearance Bill
Legislation meant to expedite commercial drivers’ applications for security credentials was recently introduced by a bipartisan group of senators.
March 20, 2024Fed Holds Fast on Interest Rate, Still Sees 3 Cuts in 2024
WASHINGTON — Federal Reserve officials kept their benchmark interest rate unchanged but signaled March 20 that they still expect to cut their key interest rate three times in 2024.
March 20, 2024EPA Tweaks Emissions Rules Proposed for Cars, Light Trucks
The Biden administration on March 20 announced new emissions standards for automobiles and light- and medium-duty pickup trucks.
March 20, 2024DOT Marks FLOW’s Two-Year Anniversary
The FLOW information-sharing forum that was launched in response to pandemic-related supply chain woes is marking its second anniversary by focusing on inland freight initiatives.
March 20, 2024Minnesota Adding 16 Truck Parking Spots Along Interstate 94
Minnesota will add 16 truck parking spots at two eastbound rest areas along I-94 in an $81.5 million package of projects to improve the state’s freight network and address parking issues.
March 20, 2024AAPA Report Shows Growing Importance of Port System
WASHINGTON — A new report compiled for the American Association of Port Authorities shows that ports and the maritime industry played a critical role in economic growth last year.
March 20, 2024Federal Judge Denies CTA Challenge to California AB 5
A federal district court has delivered a setback to the California Trucking Association as the group continues efforts to block the state’s enforcement of the controversial AB 5 law.
March 20, 2024Stellantis Agrees to California EV Rules It Long Opposed
Stellantis NV has agreed to strict rules to boost electric cars set by California and adopted by several other U.S. states that the carmaker has previously blasted.
March 19, 2024Electrifying Trucking: $1 Trillion Needed for Infrastructure
The trucking industry transitioning to full electrification would require nearly $1 trillion in infrastructure investments, a new study revealed March 19.
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