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°®¶¹´«Ã½builders have pumped the brakes on new single-family home construction this year, a trend that’s likely to extend into 2023, according to several forecasts.

President Joe Biden’s administration on Dec. 8 announced the infusion of nearly $36 billion to shore up a financially troubled union pension plan, preventing severe cuts to the retirement incomes of about 350,000 Teamsters workers and retirees across the United States.

A softening freight market has led to a slowdown in recruitment spending across the transportation industry, but experts urge carriers to remain focused on retention efforts and continue working to keep a steady pipeline of drivers flowing in.

A trade dispute resolution panel sided with Mexico and Canada over the U.S. on rules for cars shipped across regional borders, potentially giving more incentive to make auto parts in those nations.

Shailen Bhatt was confirmed as the 21st administrator of the Federal Highway Administration by the U.S. Senate, the Department of Transportation announced Dec. 8.

The Keystone oil pipeline system, a major conduit linking Canada to the U.S. Gulf Coast, was shut down after crude leaked into a creek in Kansas.

The trucking industry has increased its focus on sustainability this year, mostly geared toward last-mile operations.

American Trucking Associations and the Truckload Carriers Association have asked U.S. Senate leaders to block legislation that aims to eliminate fuel pump labeling requirements for renewable diesel fuel, a move the groups contend would cause confusion for motor carriers regarding what’s being pumped into their trucks’ tanks.

China’s experience with another outbreak of the coronavirus and related protests could have a downstream impact on domestic transportation.

North American Class 8 orders in November hit 33,000, far above the replacement level of 20,000 per month, but slipped compared with the past two strong months, ACT Research reported, citing truck makers’ preliminary data.