The U.S. merchandise-trade deficit widened in September for the first time in six months as imports grew and some exports plunged.
October 26, 2022Search
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EU, US Set Up Task Force to Resolve Electric Vehicle Feud
The U.S. and the European Union have set up a task force to resolve a dispute over electric vehicle batteries that the EU says would discriminate against manufacturers in the 27-nation bloc and break World Trade Organization rules.
October 26, 2022Government Awards $1 Billion to Schools for Electric Buses
Nearly 400 school districts spanning all 50 states and Washington, D.C., along with several tribes and U.S. territories, are receiving roughly $1 billion in grants to purchase about 2,500 “clean” school buses under a new federal program.
October 26, 2022Buttigieg Promotes Trucking’s Economic Contributions
SAN DIEGO — Transportation Secretary Pete Buttigieg celebrated the contributions of the millions of commercial drivers who are engaged in advancing the country’s economy at American Trucking Associations' Management Conference & Exhibition Oct. 25.
October 25, 2022Trucking Positioned to Weather a Recession, Costello Says
SAN DIEGO — American Trucking Associations Chief Economist Bob Costello said Oct. 25 the trucking industry should be fairly well insulated from a potential recession in 2023.
October 25, 2022Hyundai Breaks Ground on $5.5 Billion Electric Car Plant in Georgia
Hyundai Motor Group broke ground in Georgia on Oct. 25 for its first U.S. plant dedicated to making electric vehicles.
October 25, 2022Trucking Companies Urged to Stay the Course if Recession Occurs
SAN DIEGO — With some economists predicting around a 50-50 chance of the U.S. economy sliding into a recession in the first half of 2023, a panel of experts at American Trucking Associations’ Management Conference & Exhibition urged trucking companies to prepare now for a possible economic downturn by maintaining strong levels of cash flow and — above all — avoiding panic if a recession takes hold.
October 25, 2022FHWA Releases $50 Million in Emergency Funds for Florida
Transportation Secretary Pete Buttigieg announced $50 million in “quick release” federal emergency relief funds to Florida transportation officials to help rebuild interstates, highways and bridges damaged during Hurricane Ian.
October 25, 2022Drought Prompts Exemptions for Hay Shipments to Oklahoma, Missouri
Missouri and Oklahoma have lifted some transportation weight restrictions for hay shipments to help farmers and ranchers there affected by severe drought.
October 25, 2022ATA Honors DeFazio, Who Applauds Industry
SAN DIEGO — The outgoing leader of the U.S. House Transportation Committee thanked the trucking industry for decades of collaboration during his time as a lawmaker, and was presented with an award recognizing his work on behalf of the transportation sector.
October 25, 2022