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Diesel Drops 1.1¢ to $3.16 a Gallon; Oil Slides to $61 a Barrel

The U.S. average retail price of diesel fell 1.1 cents to $3.160 a gallon. Oil prices slipped to $61 a barrel as the United States and China imposed higher tariffs on the other’s goods, which chilled the outlook for demand.

May 13, 2019

Trump Says He’ll Meet China’s Xi Amid Deepening Rift Over Trade

President Donald Trump plans to meet Chinese counterpart Xi Jinping at next month’s G-20 summit, an encounter that could prove pivotal in a deepening divide over trade that is sending stocks tumbling and clouding the outlook for the global economy.

May 13, 2019

Steny Hoyer Says Infrastructure Package Hinges on Presidential Support

WASHINGTON— The success of a federal infrastructure package will require the full and energetic support of President Donald Trump, Steny Hoyer (D-Md.), majority leader of the U.S. House of Representatives, said during an Infrastructure Week kickoff event May 13.

May 13, 2019

District of Columbia Council Proposes Congestion Pricing Study

Leaders representing the District of Columbia have proposed allocating $475,000 to study congestion pricing for vehicles moving in and around the nation’s capital.

May 13, 2019

Nancy Pelosi to Headline Infrastructure Week Forum

The real Infrastructure Week is finally here, and Nancy Pelosi, the speaker of the U.S. House of Representatives, will be among the lawmakers delivering keynote addresses to stakeholders. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

May 13, 2019

China Defies Trump With Plans to Raise Tariffs on US Products

China announced plans to raise duties on some American imports starting June 1, defying a call from President Donald Trump to resist escalating a trade war that is sending stock futures tumbling and clouding the outlook for the global economy.

May 13, 2019

US Gives China a Month for Trade Deal as Talks Stay Deadlocked

President Donald Trump’s administration told China it has a month to seal a trade deal or face tariffs on all its exports to the Unites States, even as both sides sought to avoid a public breakdown in negotiations despite a developing stalemate.

May 10, 2019

TT’s Road to NTDC, MCE Coverage Wins National AZBEE Honors

Transport Topics’ coverage of “The Road to NTDC 2018” and the 2018 Management Conference & Exhibition are among the entries that have earned national accolades from the American Society of Business Publication Editors.

May 10, 2019

Consumer Prices Trail Estimates, Testing Fed Chairman Jerome Powell’s View

A key measure of U.S. consumer prices rose by less than expected in April on lower used car and apparel costs, testing the Federal Reserve’s message that muted inflation will prove transitory.

May 10, 2019

China Armed With Powerful Market Weapons in Duel With Trump

China has a powerful financial-market arsenal for its trade tussle with America, including a hoard of Treasuries and its currency. But using those weapons is not without cost.

May 10, 2019