The U.S. economy shrank for the first time since 2020, reflecting an import surge tied to robust consumer demand. While the surprise contraction adds to political headaches for President Joe Biden, it’s unlikely to dissuade the Federal Reserve from hiking interest rates aggressively to combat inflation.
April 28, 2022Search
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FMCSA Issues ‘Notice of Intent’ to Require Speed Limiters on Heavy Trucks
The Federal Motor Carrier Safety Administration on April 27 issued a notice of intent to move forward with a rulemaking to require the use of speed limiters for commercial motor vehicles.
April 27, 2022STB Searches for Answers About Freight Rail Delays
The U.S. Surface Transportation Board began two days of emergency public hearings April 26 to try to find ways to loosen the still-jammed supply chain.
April 27, 2022Dems Consider Legislative Moves to Cut Gas Prices
House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer met on April 27 to discuss possible legislation to reduce gas prices, according to a Democratic aide.
April 27, 2022US Earmarks $504 Million for World’s Largest Hydrogen Hub
The U.S. is backing a project to create the world’s largest hydrogen production and storage facility in Utah in a push to bring the clean-burning fuel into the mainstream.
April 26, 2022US Senate Transportation Leader Touts Biden Emissions Program
The leader of the transportation policy committee in the U.S. Senate endorsed the Biden administration’s latest initiative to curb emissions through a comprehensive funding program.
April 26, 2022Local Leaders Embrace White House Rural Infrastructure Plan
Rural communities across the country are participating through the National League of Cities in a White House virtual initiative to learn more about gaining access to federal infrastructure funds.
April 25, 2022Elon Musk, Twitter Agree on $44 Billion Deal
Elon Musk reached an agreement to buy Twitter for about $44 billion on April 25, promising a more lenient touch to policing content on the platform where he promotes his interests, attacks critics and opines on social and economic issues to more than 83 million followers.
April 25, 2022Vancouver’s Jammed Warehouses Cast Light on Rising Costs
To understand why inflation is running so hot, look to Canada’s West Coast. Vancouver, the home of one of North America’s busiest ports, is bursting at the seams.
April 25, 2022STB Proposes Emergency Action to Keep Rail Freight Moving
The U.S. Surface Transportation Board proposed a rule change that aims to bring immediate relief for shippers facing poor rail service, asserting that the agency can take emergency action on its own to address delays.
April 22, 2022