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In Budget Turning Point, Biden Conceding Smaller Price Tag

WASHINGTON — President Joe Biden and congressional Democrats’ push for a 10-year, $3.5 trillion package of social and environmental initiatives has reached a turning point, with the president repeatedly conceding that the measure will be considerably smaller and pivotal lawmakers flashing potential signs of flexibility.

October 6, 2021

Louisiana Gains Emergency Federal Funds, Rural Assistance

President Joe Biden recently enacted a government funding bill that provides nearly $30 billion in emergency aid to assist Louisiana and the nearby region that are still recovering from Hurricane Ida.

October 6, 2021

Senior House Democrats Press for FEMA, Water Infrastructure Funds

The frequency of severe weather events is contributing to disruptions across freight corridors and damages to critical infrastructure, the head of the Federal Emergency Management Agency recently told Congress.

October 6, 2021

Autonomous Trucks Take Off Rapidly in China’s Commercial Operations

BEIJING — Driverless trucks will help revamp the logistics and industrial sector in China, as autonomous driving technologies have taken off in the country amid the COVID-19 pandemic.

October 5, 2021

Trade Deficit Hits Record $73.3 Billion in August

WASHINGTON — The U.S. trade deficit increased to a record $73.3 billion in August as a small gain in exports was swamped by a much larger increase in imports.

October 5, 2021

Average Price of Diesel Surges 7.1¢ to $3.477 a Gallon

The national average price for diesel fuel soared 7.1 cents to reach $3.477 a gallon.

October 4, 2021

A Big Bump in the Road for Roads, Bridges Funding

President Joe Biden is pledging to continue to promote his domestic agenda stuck in Congress, despite last week's setback that saw the House of Representatives postpone action on a $1 trillion infrastructure bill. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

October 4, 2021

Biden Signs Short-Term Highway Extension

Funding authority for the country’s highway networks remains active as a result of President Joe Biden signing an extension of a law central to federal surface transportation policies.

October 4, 2021

NHTSA Rejects 2019 Petition to Probe Tesla Battery Software

The National Highway Traffic Safety Administration rejected a 2019 petition to open a formal investigation into Tesla Inc.’s battery management software, according to documents posted to the agency’s website.

October 4, 2021

Oil at Seven-Year High After OPEC+ Decides on Cautious Increase

FRANKFURT, Germany — Oil prices jumped after OPEC and allied oil producing countries stayed with their gradual approach to restoring output slashed during the pandemic, agreeing to add only 400,000 barrels per day in November.

October 4, 2021