Oil fell to the lowest in more than a month as the U.S. crude glut is seen moving to brimming fuel tanks.Â
May 2, 2017Search
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Consumer Spending in Stalls in March
U.S. consumer spending stalled in March while inflation slowed to below the Federal Reserve’s target, showing the biggest part of the economy might take more time to gain momentum after a tepid start to the year.
May 1, 2017Meal, Rest Break Pre-emption Not Included in FY2017 Budget Agreement
A meal and rest break provision sought by trucking industry leaders was not attached to legislation that would keep the federal government funded through the remainder of the fiscal year.
May 1, 2017Capitol Agenda for the Week of May 2: The President’s Gas Tax
Executives from trucking companies who frequently come to Washington to urge lawmakers to fund infrastructure projects say raising federal fuel taxes is the best approach. Their argument is simple: Paying more at the pump would be easier than tracking the miles on trucks and cars or paying more on tolls. Here's the week ahead for trucking on Capitol Hill.
May 2, 2017Trump Open to Raising Gas Tax, Says Truckers Back Higher Price for Highways
President Donald Trump said he’s willing to raise the U.S. gas tax to fund infrastructure development and called the tax-overhaul plan he released last week the beginning of negotiations.
May 1, 2017Trump’s Infrastructure Plan Coming in Summer, Chao Says
The Trump administration is targeting early summer to unveil a long-term infrastructure bill, meaning that the president will not deliver on a campaign promise to put forth a plan within his first 100 days. But the White House provided some clarity on when the nation can expect to hear details on the promised 10-year, $1 trillion plan.
May 1, 2017Senate Funding Leaders Ask Fed Watchdog to Review Effects of Autonomous Tech on Truckers
Rapid advancements in autonomous vehicle technology present the potential for machines to replace people in the workplace.
April 28, 2017Indiana Will Soon See Benefits, Costs of Gas-Tax Increase
INDIANAPOLIS — It won't be long before Indiana residents feel the benefits and costs of a $1.2 billion infrastructure plan Gov. Eric Holcomb signed April 27, along with the state's two-year budget. "I can assure you come July, you and all of you, are going to smell asphalt morning, noon and night," Holcomb said.
April 28, 2017Opinion: More Mergers and Acquisitions for Truckers
The recent announcement that Knight Transportation and Swift Transportation are merging is a much bigger and industry-changing event than realized. It comes on the heels of another major development: the public offering by Schneider. In three years, these two deals will be viewed as having set in motion a number of mergers and acquisitions at a pace never witnessed before in the truckload and intermodal industry.
May 1, 2017Editorial: Mr. President, Meet Maureen Torrey
The first 100 days of the Trump presidency have come and gone, and while that may be an arbitrary timeframe for evaluating achievement, there’s no denying the fact that the White House has become the epicenter for debate over where we go from here.
May 1, 2017