The Trump administration confirmed it will hold two days of talks this week in Washington to discuss structural changes to China’s economy and Beijing’s pledge to buy more American goods.
January 28, 2019Search
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Oil Dips as China Slowdown Signals Demand Drop
Crude skidded to its worst loss in a month as disappointing corporate profit forecasts stoked concern about the economy, bruising a market already anxious about booming American oil supplies.
January 28, 2019Infrastructure Missing in Talks Between Trump, Hill Leaders
Talks between President Donald Trump and congressional leaders seem to be lacking one key ingredient: infrastructure. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
January 28, 2019Forever Stamp Price Increase to 55 Cents Takes Effect
The cost of a Forever stamp jumped 10% this weekend — from 50 cents to 55 cents — as the U.S. Postal Service continues to struggle financially.
January 28, 2019Infrastructure Bill a Priority in 2019, Rep. Drew Ferguson Says
ATLANTA — A major new infrastructure bill is doable in 2019, despite the lack of new federal revenue to fund it, said U.S. Rep. Drew Ferguson (R-Ga.), speaking at the 28th annual meeting of SMC3 Jump Start on Jan. 28.
January 28, 2019ATD Announces Coalition to Repeal Federal Excise Tax on Heavy-Duty Trucks
SAN FRANCISCO — American Truck Dealers announced a new industry coalition to push for the repeal of the 12% federal excise tax on heavy-duty trucks.
January 28, 2019House, Senate Pass Bill to End Shutdown, Fund Government Through Feb. 15
Congress voted to end the 35-day partial government shutdown after President Donald Trump capitulated to House Speaker Nancy Pelosi and agreed to reopen federal agencies without any guarantee of money for his proposed border wall.
January 25, 2019US Crude Production to Beat EIA’s Outlook by 23 Years
A year ago, the U.S. government envisioned American crude production averaging 11.95 million barrels a day in 2042. Shale drillers are set to exceed that this year.
January 25, 2019FedEx Express Agrees to Buy International Business From Israeli Firm
FedEx Express is acquiring the international express delivery business of Flying Cargo Group, a company based in Israel that has been a service partner with FedEx since 1990, company officials announced Jan. 15.
January 25, 2019Editorial: Watching the Slowdowns, Ending the Shutdown
A gangbusters year marked by soaring freight rates and frenzied order and sales activity for equipment ended on a soft note, as December saw reported declines in both truck tonnage and trailer orders. It had to happen eventually, but some may feel cheated that the industry didn’t get to close out this otherwise stellar year on a high note.
January 24, 2019