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Consumer Sentiment in US at Second-Highest Level Since 2004

Consumer sentiment last month rose to the second-highest level since 2004 and plentiful job opportunities buoyed Americans’ spirits amid stock-market volatility, a University of Michigan survey showed March 2.

March 2, 2018

Chao Tells Automated Vehicle Summit DOT “3.0” Guidance Could Be Issued in Early Summer

WASHINGTON — Updated federal guidance for manufacturers and states seeking to deploy self-driving vehicles could be released as early as summer, U.S. Transportation Secretary Elaine Chao told hundreds of executives attending the automated vehicle policy summit here.

March 1, 2018

Trump’s Steel Tariffs Will Hit US Factories Already Jammed

The steel tariffs that President Donald Trump plans to impose would deal a major blow to U.S. factories, according to an official with an industry group.

March 1, 2018

Driver Training, Documentation Can Smooth ELD Inspections, Experts Say

NASHVILLE, Tenn. — Fleets can promote smooth roadside inspections of electronic logs by ensuring that their drivers understand the devices installed in their trucks and keep proper documentation in the cab, enforcement and technology experts said.

March 1, 2018

Anchorage’s First-Ever Tax on Gas and Diesel Fuel Takes Effect

Anchorage drivers will pay an extra 10 cents per gallon at the pump starting March 1, with the city’s first-ever tax on gasoline and diesel fuel taking effect.

March 1, 2018

Supreme Court Agrees to Hear Prime Inc. Dispute Over Arbitration

The U.S. Supreme Court has agreed to hear a case in which Springfield, Mo.-based New Prime Inc. seeks to overturn an appeals court ruling that the carrier argued could deprive fleets and owner-operators alike of their right to resolve disputes through arbitration.

March 1, 2018

Authorities Consider Options to Untangle Traffic in Southern California’s Commercial Spine

For decades, the 710 Freeway has been the commercial spine of Southern California, funneling the trucks carrying thousands of tons of furniture, clothes, televisions and other goods from the ports of Los Angeles and Long Beach into the region’s sprawling network of freeways and warehouses.

March 1, 2018

Former Treasury Secretary Warns Next Recession Could Outlast Previous One

The next U.S. recession could drag on longer than the last one that stretched 18 months. That’s the assessment of former Treasury Secretary Larry Summers.

March 1, 2018

S.C. Governor Cries Foul Over White House Allocation for Charleston Port

South Carolina Gov. Henry McMaster is accusing the White House budget office — overseen by former S.C. GOP Rep. Mick Mulvaney — for skimping on funding for one of the state’s top priority infrastructure projects.

February 28, 2018

US Fourth-Quarter Growth Revised Down to 2.5% Annual Pace

The U.S. economy’s growth rate last quarter was revised slightly downward as inventories subtracted more than previously estimated, Commerce Department data showed Feb. 28.

February 28, 2018