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GovernmentBusinessSafety

House Bill Includes $200 Million for Truck Parking Projects

WASHINGTON — A transportation bill approved June 27 by a U.S. House of Representatives subcommittee includes $200 million for truck parking operations nationwide.

June 27, 2024
GovernmentBusinessSafety

House Committee Approves WRDA

A bill to help advance commercial waterway infrastructure projects and promote supply chain efficiency was recently approved by a committee in the U.S. House of Representatives.

June 27, 2024
GovernmentBusinessSafety

FMCSA Gets Few Responses on Fitness Method Revision

Federal trucking regulators held a second public listening session seeking comment on a possible major revision to the motor carrier Safety Fitness Determination method.

June 27, 2024
GovernmentBusiness

Economic Growth for Q1 Is Revised Up to a 1.4% Annual Rate

WASHINGTON — The economy expanded at a 1.4% annual pace from January through March, the government said in a slight upgrade from its previous estimate.

June 27, 2024
BusinessPrivate

Walgreens Woes Continue With Earnings Miss, Guidance Cut

Walgreens signaled that more store closings are on the way, missed earnings expectations for its third quarter and cut its annual forecast.

June 27, 2024
GovernmentBusinessTechnologyEquipment

Could Cheap Chinese EVs Reach US From Mexico?

Low-priced Chinese EVs pose a potentially "extinction-level event" for America’s auto industry.

June 27, 2024
GovernmentSafetyLogistics

Hill Democrats Urge Action on Rail Safety Legislation

Congressional Democrats on the transportation committees are pressing for approval of rail safety legislation after an investigation of a high-profile freight train derailment in Ohio.

June 27, 2024
BusinessLogisticsPrivateGlobal Freight

Amazon Plans Discount Web Store to Counter Upstarts

Amazon.com Inc. plans to launch an online storefront for low-priced apparel and home goods, the company’s biggest move to date to counter the rise of discount upstarts like Temu and Shein.

June 26, 2024
GovernmentBusinessFuel

Volvo EV Deliveries to US Delayed by Higher Tariffs on China

Volvo Cars will postpone U.S. shipments of its best-selling electric car model as it shifts production from China in the wake of tariff hikes.

June 26, 2024
BusinessTechnologyEquipment

VTNA: US Class 8 Retail Sales Running Below Expectations

DUBLIN, Va. — U.S. Class 8 retail truck sales paced a bit below expectations through May and are now expected to total 260,000 to 270,000 in 2024, according to VTNA executive Magnus Koeck.

June 26, 2024