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FMCSA Announces Plans for March 19 Safety Summit

The Federal Motor Carrier Safety Administration is planning a Safety Summit on March 19 for motor carriers, drivers, safety technology developers and users, federal and state partners, and safety advocate groups to share ideas on improving truck safety.

March 2, 2020

Diesel Falls 3.1¢ to $2.851 Per Gallon

The U.S. average retail price of diesel fell 3.1 cents to $2.851 per gallon, the Department of Energy reported March 2.

March 2, 2020

Amtrak Names Former Air Cargo Executive as New CEO

Amtrak named a former air cargo executive as its new president and chief operating officer March 2.

March 2, 2020

Factories Expand Despite Virus, Though Deliveries Slow

WASHINGTON — American factories expanded in February for the second straight month, despite disruptions caused by the coronavirus outbreak.

March 2, 2020

US Construction Spending Up 1.8% in January to Record Level

WASHINGTON — Spending on U.S. construction projects rose to an all-time high in January, helped by strong gains for home construction and government building projects.

March 2, 2020

Most Ports See Container Volumes Decline in January

Facing strong headwinds from the lingering effects of the U.S.-China trade war, the slowdown associated with the Chinese New Year, and later the coronavirus, most of the nation’s ports saw container volumes fall in January.

March 2, 2020

Economists Fear Possible Recession as Coronavirus Spreads

Economists who closely follow the transportation and trucking industry say the next month will be critical as to whether the economy avoids a recession in 2020 as concerns over the spread of the coronavirus mount.

March 2, 2020

As Coronavirus Spreads, Global Demand for Oil Lessens, Prices Fall

NEW YORK — With the coronavirus outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further.

March 2, 2020

First Negative US Yields Get Closer Amid Virus Fallout Fears

The swirl of fresh coronavirus cases and growing risks to the global economy have some seasoned market strategists warning that U.S. growth could come to a halt this year and some Treasury yields may drop below zero for the first time.

March 2, 2020

Massachusetts Transportation Funding Plan Would Increase Gas Taxes

BOSTON — Fees for ride-hailing services and a 5-cents-per-gallon hike in the state’s gas tax are the heart of a plan floated by Democrats in the House of Representatives to pay for upgrades to roads, bridges and public transit.

March 2, 2020