The Trump administration is rushing to finalize a list of $300 billion in Chinese imports it plans to hit with tariffs in a few weeksâ time, as U.S. companies make a last-ditch appeal to be spared from the latest round of duties.
August 8, 2019Search
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Exxon Is Discouraging Witnesses in Climate Suit, N.Y. Says
New York accused Exxon Mobil Corp. of trying to discourage potential witnesses in a state lawsuit alleging the oil and gas company misled investors about the financial impact of climate change.
August 8, 2019Stamps.com Stock Soars on Forecast Improvement
Stamps.com Inc. shares surged Aug. 8 after the company raised the midpoint of its yearly forecast, easing some investorsâ worst fears.
August 9, 2019Senate Highway Billâs Freight Plan Touts Infrastructure Resiliency
Tucked into highway policy legislation that the Senate Environment and Public Works Committee recently advanced is a provision calling for possible strategies to prepare for the impact of severe weather events as part of a nationwide plan for improving freight connectivity.
August 8, 2019Consumer Confidence Drops Most in 10 Months
Sentiment among U.S. consumers fell the most in almost 10 months, led by dimmer views of the economy as market turmoil returned on another flareup in the U.S.-China trade war.
August 8, 2019Drop in Jobless Claims Shows Firm Labor Market
Applications for U.S. unemployment benefits declined for the second time in three weeks, indicating the labor market is holding steadfast in the face of slower global demand and trade tensions.
August 8, 2019ELDT Compliance Urged Despite FMCSAâs Proposed Delays
Despite proposed delays regarding certain parts of the federal Entry Level Driver Training rule, commercial driver license training schools shouldnât dawdle as the ruleâs upcoming effective date nears, according to training expert Jim Butler.
August 7, 2019Jack Cooper Files for Bankruptcy, but Pledges 'Business as Usual'
Despite filing for bankruptcy, it will be âbusiness as usualâ for Jack Cooper Ventures Inc.
August 7, 2019Canadian Trucking Alliance Urges Provinces to Adopt ELDs
The Canadian Trucking Alliance has initiated conversations with transportation ministers in an effort to encourage adoption of electronic logging devices at the provincial level.
August 7, 2019As China Halts US Soy Purchases, âUnknownâ Buyers Step Up
While China announced it has halted imports of American soybeans, a mysterious buyer has stepped up. The U.S. Department of Agriculture announced Aug. 7 a sale of 165,000 metric tons of the oilseed to âunknown destinations.â
August 7, 2019