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Tapping US Oil Reserve Would Have ‘Short-Lived’ Impact, EIA Says

Releasing oil from the U.S. government’s strategic reserve would have a “short-lived†impact on soaring fuel prices, according to the U.S. Energy Information Administration.

November 16, 2021

ATA, Freight Stakeholders Tout Infrastructure Bill’s Enactment

American Trucking Associations and groups representing nearly every corner of the freight transportation industry touted the Biden White House and congressional lawmakers for advancing a $1 trillion infrastructure bill over the finish line.

November 16, 2021

October Classes 4-7 Sales Stall

U.S. retail sales in October of Class 4 through Class 7 medium-duty commercial vehicles were almost flat compared with a year earlier at just above 21,000, WardsAuto .com reported.

November 16, 2021

Factory Output Rises More Than Forecast

Production at U.S. factories rose in October by more than forecast, bouncing back from the effects of Hurricane Ida and suggesting manufacturers are having a better time addressing materials shortages.

November 16, 2021

Retail Sales Jump by Most Since March, Topping Forecasts

U.S. retail sales rose in October for a third month, signaling households continue to spend even with the fastest inflation in decades.

November 16, 2021

Diesel Continues Slow Climb, Rises 0.4¢ to $3.734

The national average price for diesel continued to climb at a slower pace, rising four-tenths of a cent to $3.734 a gallon, according to Energy Information Administration data released Nov. 15.

November 15, 2021

USDOT Targets Georgia for Supply Chain Assistance

The Biden administration task force on supply chains recently paved the way for the Georgia Port Authority to be able to reallocate more than $8 million for inland facilities in the state, as well as North Carolina.

November 15, 2021

Biden Signs $1 Trillion Infrastructure Bill

President Joe Biden signed his $1 trillion infrastructure deal into law Nov. 15 on the White House lawn, with a smattering of Republican lawmakers on hand for what could be one of the last shows of bipartisanship ahead of the 2022 midterm elections.

November 15, 2021

Biden Could Revisit Renewable Fuel Mandate for Price Relief

As U.S. President Joe Biden weighs alternatives to lower fuel prices, one move that could bring immediate relief at the pumps is sparking debate: adjusting the Bush-era renewable fuel mandate.

November 15, 2021

Former New Orleans Mayor Landrieu to Manage Infrastructure Plan

President Joe Biden has chosen as supervisor of his $1 trillion infrastructure plan Mitch Landrieu, who as New Orleans mayor pushed the city into recovery after the devastation from Hurricane Katrina.

November 15, 2021