Amazon .com Inc. and the Port Authority of New York and New Jersey scrapped plans for a new air cargo facility at Newark Liberty International Airport, a project that local activists had criticized.
July 7, 2022Search
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Congress Eyes Semiconductor Bill, Nominations This Summer
Before the August recess, congressional leaders intend to finalize supply chain-centric legislation as senators prepare to vote on nominees for senior roles at the U.S. Department of Transportation.
July 7, 2022FHWA Announces Plan for States, Localities to Track GHG Emissions
The Federal Highway Administration has announced a notice of proposed rulemaking for states and municipalities to track and reduce greenhouse gas emissions.
July 7, 2022House Readies Consideration of FY23 Transportation Bill
Legislation that would ensure funding for operations at the U.S. Department of Transportation in fiscal 2023 has been cleared for a vote on the floor of the U.S. House of Representatives.
July 7, 2022California’s AB 5 Goes Into Effect, Leaves Questions for Carriers, Owner-Operators
Now that the U.S. Supreme Court has declined to review a challenge to a controversial California law aimed at reclassifying owner-operators as motor carrier employees, carriers and independent contractors could soon be thrust into an uncertain business environment.
July 7, 2022Spot Market Decline Accelerates as Demand Softens
Trucking’s spot market is experiencing an accelerating decline as pre-pandemic conditions re-emerge.
July 7, 2022Louisiana Starts Pilot With Two-Container Trucks at Ports
Louisiana is working out details in a new experiment enabling trucks to carry two 20-foot containers in tandem to and from its ports to alleviate supply chain issues exacerbated by congestion and driver shortages.
July 7, 2022Shell Sees $1 Billion Gain in Refining on Record Fuel Prices
Shell Plc said soaring margins from fuel production may have added more than $1 billion to the earnings of its refining business last quarter, when gasoline prices broke records in several countries.
July 7, 2022Trade Gap in Goods, Services Narrows to Smallest This Year
The U.S. trade deficit shrunk in May to the lowest level of the year, reflecting a pickup in exports of goods and services.
July 7, 2022EIA Reports $5.675 National Diesel Price After Three-Week Delay
The U.S. Energy Information Administration on July 7 released fuel prices covering a three-week reporting delay, and the national average price for diesel fell 10.8 cents to $5.675 in its second straight decline.
July 7, 2022