Lawmakers in High Point, North Carolina, are wooing Total Quality Logistics into their city, voting Nov. 21 to offer $70,000 of performance-based incentives if the company were to open an office and hire 70 employees over five years.
November 23, 2016GovernmentBusiness
Jobless Claims Rebound After Plunging to Four-Decade Low
Filings for unemployment benefits in the United States rebounded last week from a four-decade low while remaining consistent with a firm labor market.
November 23, 2016Government
Sen. Sanders on Trump’s Infrastructure Plan: It’s a Scam
President-elect Donald Trump’s $1 trillion infrastructure investment proposal is no more than “massive tax breaks to large companies” that would miss on long-term benefits for the economy, former Democratic presidential candidate Sen. Bernie Sanders (I-Vt.) said this week.
November 22, 2016GovernmentBusiness
Old River Truck Sales Adds Mack, Volvo Locations in Louisiana
Old River Truck Sales acquired three locations along the Interstate 10 corridor in southern Louisiana selling Mack and Volvo brand trucks, bringing its total to six in the region.
November 22, 2016Government
Pennsylvania Switches to Annual Inspections
Pennsylvania trucking companies and the Pennsylvania Motor Carriers Association are celebrating in the wake of Gov. Tom Wolf's signing of pro-trucking legislation into law on Nov. 4.
November 22, 2016Government
Deutsche Bank: Trump Could Push the US Economy and Stock Markets to New Records
It's looking more likely that President-elect Donald Trump will preside over a continuing U.S. expansion that could take its place as the longest among American business cycles, according to Deutsche Bank AG.
November 22, 2016Government
EPA Head Says Agency's Mission Will Endure in the Trump Administration
In one of her final public speeches before leaving her post as administrator of the U.S. Environmental Protection Agency, Gina McCarthy said that grass-roots demand for clean air, energy and water will continue to allow the agency to make progress protecting the environment, even in the face of challenges when Donald Trump becomes president.
November 21, 2016Government
Virtual Weigh Stations Come to New Jersey
New Jersey is the latest state to implement virtual weigh stations.
November 21, 2016Government
Top Senate Democrat Receptive to Trump Infrastructure Plan
President-elect Donald Trump’s $1 trillion infrastructure investment proposal he plans to advance during the first 100 days of his administration will be considered with an open mind by Senate Democrats, the Democratic leader in the upper chamber said over the weekend.
November 21, 2016GovernmentBusiness
Mexican Carriers Now Permitted to Lease Equipment to US Carriers, FMCSA Says
The Federal Motor Carrier Safety Administration has lifted a prohibition that prevented Mexico-domiciled motor carriers from leasing their equipment to U.S. motor carriers.
November 21, 2016