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Business Activity Unexpectedly Jumps

U.S. business activity unexpectedly climbed this month to nearly a one-year high, bolstered by stronger services and manufacturing that threatens to reignite inflationary pressures.

April 21, 2023

Utah to Lower Gas Tax, Impose EV Charging Tax

Gasoline taxes will drop in Utah in July, and taxes will be levied at electric vehicle charging stations starting in January, after new laws signed by Gov. Spencer Cox.

April 21, 2023

CSX Reports Strong Q1 Earnings

Class I railroad CSX Inc. on April 20 announced first-quarter earnings that beat Wall Street analysts’ expectations.

April 21, 2023

Unions Say Rails Should Skip Buybacks, Spend on Safety

OMAHA, Neb. — Rail unions want railroads to take some of the billions they’re using every year to buy back their stock and spend it to improve safety.

April 21, 2023

Ford’s F-150 Leaves Tough Choices for EV Tax Credits

While the average gasoline-powered F-150 now sells for almost $63,000 — 25% more than five years ago — the electric version commands a premium of almost 30% over that.

April 21, 2023

Union Pacific Reports Flat Revenue, Income in Q1

Union Pacific Corp. reported flat year-over-year income and slightly increased revenue for the first quarter of 2023.

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April 20, 2023

Progress Reported on West Coast Port Negotiations

After nearly a year of negotiations, the International Longshore and Warehouse Union and port management’s Pacific Maritime Association have reached a tentative agreement on what the union described as certain “key issues.”

April 20, 2023

Labor Nominee Su Faces Doubts in Senate

WASHINGTON — Labor secretary nominee Julie Su won praise at her Senate hearing April 20 as “a champion of the working class” even as some key Democrats were unwilling to voice support.

April 20, 2023

Court Rules Insurer Can't Sue Broker in Fraudulent Carrier Case

A federal appeals court has ruled that an insurance company may not pursue a claim against a transportation broker after that broker unknowingly hired a fraudulent motor carrier.

April 20, 2023

Rebalanced Supply Chain Still Leaves Empty-Mile Problem

The underlying issues causing empty miles and unfilled trucks persist even as a balancing supply chain has softened them, experts warned.

April 20, 2023