WASHINGTON — The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion reached in 2020.
October 22, 2021Search
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Containerships Headed for US Poised to Worsen Port Bottlenecks
The backlog of ships outside the twin ports of Los Angeles and Long Beach — America’s largest gateway for ocean freight — is poised to worsen.
October 22, 2021ATA Warns Vaccine Mandate Could Worsen Supply Chain Troubles
American Trucking Associations has sent a letter to the Biden administration expressing “grave concern” over the potential damage that the president’s plans for a COVID-19 vaccine mandate for many businesses — including trucking companies — could cause for the country.
October 21, 2021Perspective: A Time to Bring Back Veteran Drivers
While the driver shortage is not new, COVID worsened the problem.
October 22, 2021September Trailer Orders Clear 28,000; Uncertain Conditions Persist
U.S. trailer orders in September reached the third-highest level this year, clearing 28,000. But that was far short of year-ago volumes, according to ACT Research.
October 21, 2021Congressional Republicans Sound Alarm Over Supply Chains
WASHINGTON — Supply chain bottlenecks at the ports and rising prices for certain goods are indicative of the administration’s inability to respond to the COVID-19-era economy, a large contingent of congressional Republicans told President Joe Biden.
October 22, 2021Union Pacific Reports Strong Q3 Earnings
As freight volumes surge, Omaha, Neb.-based Union Pacific Railroad reported strong third-quarter results that significantly exceeded the company’s report from this time last year and beat Wall Street analysts’ expectations.
October 21, 2021Tesla Concerned About NHTSA’s Safety Pick
Elon Musk and thousands of Tesla Inc.’s die-hard fans and customers are in an uproar about NHTSA’s new pick as its senior safety adviser.
October 21, 2021Senate Commerce Panel Approves FMCSA Nominee
WASHINGTON — The nomination of Meera Joshi, President Joe Biden’s pick to lead the Federal Motor Carrier Safety Administration, advanced to the floor of the U.S. Senate on Oct. 20.
October 20, 2021Infrastructure Battle Puts China Chip Bill on Back Burner
A bipartisan push to make the U.S. more competitive with China and bolster domestic chip production risks falling by the wayside as Congress grapples with a packed year-end agenda in an ever-more-divided Capitol.
October 20, 2021