President Donald Trump said March 22 that a trade deal with China is close as he prepared to send his negotiators to Beijing for a fresh round of talks next week, but U.S. officials downplayed the prospect of a swift conclusion.
March 22, 2019Search
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Congress Returns to Debate Infrastructure, Fiscal 2020 Funding, Nominees
Policymakers make their way back to Capitol Hill after a weeklong spring recess to continue to stitch together the provisions for a comprehensive infrastructure bill they want to pass by August.
March 21, 2019FMCSA's HOS Rule Suspensions Continue Amid Flood Recovery
Federal and state emergency declarations relaxing hours-of-service rules for haulers involved in the relief response to severe flooding in the Midwest remain in effect.
March 21, 2019Florida Farmers Push Protection as Trump Seeks USMCA Approval
Manatee County, Fla., tomato farmer Gary Reeder says he has seen the county’s tomato industry “basically cut in half†during his lifetime. Reeder says Florida tomato farmers struggle to compete with their counterparts in Mexico.
March 21, 2019Philadelphia Fed’s Factory Outlook Is Weakest in Three Years
The six-month outlook for manufacturing in America’s mid-Atlantic region slumped to a three-year low, another sign that expectations for weaker global growth may be weighing on producers.
March 21, 2019Jobless Claims Fall More Than Expected to Four-Week Low
Filings for U.S. unemployment benefits fell more than expected to a four-week low, as the labor market tightens further following the end of a five-week government shutdown.
March 21, 2019Traders Place Bets on Rate Cut From Fed
Bond traders have a decent record when it comes to nailing the Federal Reserve’s path relative to official guidance. So while Chairman Jerome Powell says the policy rate is “in a good place,†history suggests his next move could align with what futures are showing — a rate cut.
March 21, 2019UK Trucker Shortage to Worsen After Brexit, Haulage Group Says
Brexit is set to exacerbate a chronic shortage of drivers among U.K. haulage companies, according to a study from the International Road Transport Union.
March 21, 2019Trump Suggests GM Should Sell Idled Ohio Auto Plant
President Donald Trump said March 20 that General Motors Co. should sell an idled plant in Lordstown, Ohio, or restart production. The company said it’s received inquiries about factory.
March 21, 2019Court Dismisses ATA’s Lawsuit Against Rhode Island Truck Tolls
A federal judge has dismissed the trucking industry’s lawsuit against Rhode Island for its trucks-only tolling system.
March 20, 2019