President Joe Bidenās budget release on March 28 is shaping up as a direct appeal to moderate Democrats, emphasizing deficit reduction and flexibility on social spending as the White House hopes to win support for new legislation before Novemberās midterm elections.
March 28, 2022Search
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US Considers New Oil Release From Strategic Reserve
The U.S. is considering another release of oil from its emergency reserves as prices continue to surge after Russiaās invasion of Ukraine, people familiar with the matter said March 25.
March 25, 2022Warren Says Ocean Freight Alliances Add to Inflation
Sen. Elizabeth Warren (D-Mass.) blamed rising U.S. inflation in part on the largest ocean shipping companies, calling āthe anti-competitive natureā of the industry the root cause of soaring prices to transport goods around the global economy.
March 25, 2022USPS Doubles EV Order From Oshkosh
The U.S. Postal Service announced March 24 it ordered more than 10,000 new electric delivery trucks, up from the 5,000 the agency had initially planned to purchase.
March 24, 2022Economic Changes Drive a New Trucking Environment, Panelists Say
The trucking industry is starting to normalize as the coronavirus pandemic loses its grasp on the economy, a panel of experts said March 23.
March 24, 2022Four States Sign Pact to Develop Hydrogen Hub
New York, New Jersey, Massachusetts and Connecticut agreed to work with about 40 clean power companies, utilities and universities to create plans for a regional hydrogen hub as part of a push to curb greenhouse gas emissions.
March 24, 2022White House to Seek Infrastructure, Freight Boost in FY23 Budget
WASHINGTON ā The Biden White House intends to seek a boost in funding for infrastructure programs and freight-related grants in its upcoming budget request to Congress.
March 24, 2022Safety āAreas of Concernā Remain Consistent, FMCSA Says
Many of the safety trend concerns discussed during the Federal Motor Carrier Safety Administrationās 21st Annual Analysis, Research and Technology Forum on March 23 echoed those identified at the 2021 forum.
March 24, 2022Trucking Sees Little Benefit to Diesel Tax Relief Plans
A move by states to soothe the sting of soaring fuel prices by temporarily suspending diesel fuel taxes has some unlikely opponents: truckers, the very people itās supposed to help.
March 24, 2022US Initial Jobless Claims Decline to Lowest Since 1969
Applications for U.S. state unemployment insurance fell last week to the lowest since 1969 as demand for labor far exceeds supply and rampant inflation keeps the incentive to work high.
March 24, 2022