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Buttigieg Defends FY24 Budget on Capitol Hill

The safety and connectivity of the transportation system would improve with adoption of President Joe Biden’s fiscal 2024 budget request, Secretary Pete Buttigieg told senators March 23.

March 23, 2023

US Transborder Truck Freight Jumps 13% in January

North American transborder truck freight in January jumped nearly 13% year-over-year, according to Bureau of Transportation Statistics figures released March 22.

March 23, 2023

Congressional Democrats Push Back on GOP’s Energy Agenda

As House Republicans prepare to consider a comprehensive energy proposal, the leader of the U.S. Senate insisted that the legislative package would not advance to the president’s desk.

March 23, 2023

Canada, IBM to Announce Chips Pact Amid Biden-Trudeau Visit

Canada and International Business Machines Corp. will announce a high-level agreement on expanding semiconductor cooperation on March 24, during President Joe Biden’s visit to Ottawa.

March 23, 2023

New Trucking Coalition Focuses on Clean Energy

A broad-based group representing motor carriers, truck manufacturers and truck dealers has launched a coalition intended to serve as a voice for key trucking industry stakeholders.

March 23, 2023

New °®¶¹´«Ã½ Sales Unexpectedly Rise, Showing Some Stabilization

Sales of new U.S. homes unexpectedly rose in February after a downward revision to the prior month, suggesting the housing market is beginning to stabilize after a tumultuous year

March 23, 2023

Vote on FAA Nominee Delayed Amid GOP Opposition

A vote on President Joe Biden’s choice to run the Federal Aviation Administration was delayed indefinitely March 22 in the face of an opposition blitz by Republicans, who say the nominee lacks enough experience in aviation to lead the agency, which is under pressure to stem a surge in dangerous close calls between planes.

March 23, 2023

Renault Seeks Bank Pitches for Listing EV Arm

Renault SA is inviting investment banks to pitch for a role on the planned initial public offering of its Ampere electric vehicle business, according to people familiar with the matter.

March 23, 2023

Norfolk Southern CEO Alan Shaw Grilled on Safety Measures

WASHINGTON — A bipartisan consensus that Congress should toughen railroad regulations emerged March 22 as senators heard fresh testimony on February's fiery hazardous train derailment.

March 22, 2023

February Trailer Orders Down 2.6% Year-Over-Year

U.S. trailer orders fell just shy of 26,000 units in February, falling short of the year-ago total, ACT Research reported.

March 22, 2023