°®¶¹´«Ã½

Bipartisan negotiators on a $908 billion pandemic relief package are planning to unveil more details of their proposal Dec. 7, aiming to settle on language that can satisfy enough Republicans and Democrats to secure passage of one final tranche of COVID-19 aid before Congress breaks for the year.

Oil fell from its strongest close in nine months, hampered by weaker risk sentiment in global markets.

The California Transportation Commission has approved $2 billion for 56 new projects, some of which aim to improve the movement of goods and reduce congestion.

A surge in COVID-19 cases is starting to impact American meat-processing operations in another potential threat to food supply chains that were upended in the early stages of the pandemic.

The U.S. trade deficit widened 1.7% in October to $63.1 billion. The politically sensitive gap in the trade of goods with China and Mexico grew.

The U.S. labor market rebound slowed markedly in November, indicating the surge in COVID-19 cases is hitting workers and curbing the broader economic recovery as the unemployment rate edged down to 6.7%

Smithfield Foods Inc., the world’s biggest pork producer, is willing to share space in its ultra-low-temperature freezers to store COVID-19 vaccines, the company said Dec. 3 in an emailed statement.

Leaders in the food transportation sector are working together to share lessons learned during the coronavirus pandemic.

Before adjourning for the year, top Democrats on Capitol Hill are not ruling out the possibility of advancing a nearly $1 trillion COVID-19 package that includes aid for transportation networks.

The chairman of a Commercial Vehicle Safety Alliance working group focused on hemp said that while interstate transport of the substance is legal, potential risks remain for motor carriers and drivers hauling it.