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The 2010s: A Decade of Ups and Downs in Trucking

As we close 2019, we are also wrapping up a decade. While we normally look back at the year that was, it also seems like a good time to review the past 10 years.

December 20, 2019

Saudi Aramco Plans $25.6 Billion Share Sale in Richest IPO Ever

DUBAI, United Arab Emirates — Saudi Arabian oil company Aramco on Dec. 5 set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft.

December 5, 2019

Share of Small Businesses Planning Higher Pay Nears Record

As a tight labor market makes filling positions more difficult, 26% of U.S. small-business owners plan to increase pay in coming months, the most since a record in 1989, according to a National Federation of Independent Business report out Dec. 5.

December 5, 2019

Enhance Freight Connectivity in Next Highway Bill, Executives Tell US House Panel

Consideration in Congress of an extensive update to federal transportation guidelines must prioritize sustainable funding that enhances freight connectivity and reduces congestion, industry stakeholders told lawmakers on Capitol Hill on Dec. 5.

December 5, 2019

Possibilities, Costs ā€˜Enormous’ for A2A Rail

The backers of a new rail line to link Alaska to Canada and Lower 48 markets insist it would generate upward of $5 billion of freight revenue through the state.

December 5, 2019

US Trade Gap Narrows 7.6% to $47.2 Billion in October

WASHINGTON — The U.S. trade deficit narrowed in October as imports fell faster than exports. The politically sensitive trade gap with China dropped.

December 5, 2019

DHL Index on Strength of International Economy Shows Only Slight Dip

Despite persistent concerns of a worldwide economic slowdown, a new report from logistics and shipping company DHL says international trade remains strong, with only a slight decline in its overall DHL Global Connectedness Index.

December 5, 2019

Transportation Construction Market Will Grow in 2020, ARTBA Forecasts

The transportation construction market is expected to grow by about 5% in 2020, according to the American Road and Transportation Builders Association’s annual economic forecast.Ā 

December 5, 2019

No 'Soft Enforcement' After AOBRD ELD Exemption Ends Dec. 16

Commercial vehicle inspectors will not offer a ā€œsoft enforcementā€ grace period for truckers who have not migrated to electronic logging devices from grandfathered automatic onboard recording devices by Dec. 17, the date that full enforcement of the federal ELD rule takes effect.

December 5, 2019

Impeachment Politics Threaten Legislative Agenda, Key Lawmakers Argue

With the impeachment inquiry of President Donald Trump entering a new phase this month, congressional leaders continue to criticize each other over inaction on legislation to keep the federal government funded through fiscal 2020, a new trade agreement and infrastructure policy.

December 5, 2019