Saudi Arabia’s oil production cuts have hit the tanker market so hard that owners of the biggest vessels are effectively subsidizing cargo deliveries on the industry’s main trade route.
January 20, 2021Search
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Maryland DOT Weighs Three Proposals for Major P3
The Maryland Department of Transportation has received three proposals from teams composed of private sector firms interested in becoming the developer for major interstate improvement work.
January 20, 2021Anthony Levandowski Receives Trump Pardon
Outgoing U.S. President Donald Trump pardoned Anthony Levandowski, saving the engineer from more than a year in prison for stealing trade secrets from his former employer, Alphabet Inc.’s Waymo.
January 20, 2021Diesel Rises 2.6¢; Biden Stops Development of Keystone XL Pipeline
Truckers are continuing to see higher diesel prices as the nationwide cost of trucking’s main fuel rose 2.6 cents, the Energy Information Administration reported Jan. 18.
January 19, 2021Plaintiff Attorneys Often Use 'Reptile Theory' to Win Nuclear Trucking Jury Verdicts, Experts Say
In trucking accident lawsuits, the "reptile theory" is a method plaintiff lawyers have deployed in pursuit of so-called “nuclear†jury verdicts.
January 19, 2021Transportation Nominee Buttigieg Vows to Turn Slogan Into Reality
Pete Buttigieg, Biden’s choice to lead the U.S. Department of Transportation, has committed to turn the slogan Build Back Better into reality. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
January 19, 2021US Automakers Plead for Government Help in Growing Chip Crisis
American automakers are asking the U.S. government to help solve a debilitating shortage of computer chips that is closing auto factories worldwide and could restrict production until the fall.
January 19, 2021Biden’s Transportation Aid in COVID-19 Package on Congressional Radar
The incoming administration is calling on Congress to approve emergency aid for transportation programs as part of a $1.9 trillion pandemic relief package.
January 19, 2021Spending on Global Energy Transition Hits Record $500 Billion
The world spent a record $501.3 billion in 2020 on renewable power, electric vehicles and other technologies to cut the global energy system’s dependence on fossil fuels.
January 19, 2021Yellen Says Aid to Jobless, Small Firms ‘Biggest Bang’ for Buck
Janet Yellen told lawmakers Jan. 19 that help for the unemployed and small businesses would provide the “biggest bang for the buck†as she made the case for President-elect Joe Biden’s $1.9 trillion COVID-19 relief plan.
January 19, 2021