US Slightly Revises Up its GDP Estimate for Q4 to 7%
The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported Feb. 24 in a slight upgrade from its earlier estimate as businesses stepped up their restocking of supplies.
February 24, 2022NTSB Chair Jennifer Homendy Urges States to Lower Blood Alcohol Level to 0.5%
The head of the National Transportation Safety Board said states should follow the example set by Utah and reduce the blood alcohol content level permitted for drivers as a way of reducing drunken driving accidents and improving highway safety.
February 24, 2022US Presents ‘Buy American’ Plan to Ease Supply Chain Squeeze
The Biden administration announced several new actions Feb. 24 intended to ease supply chain disruptions that have plagued the economy during the coronavirus pandemic.
February 24, 2022Initial Jobless Claims Fell Last Week by More Than Forecast
Applications for U.S. state unemployment insurance fell last week by more than forecast, continuing an overall downward trend as the labor market recovery continues.
February 24, 2022Spartan, Uhnder Partner to Offer Next-Gen Radar Tech for Automated Trucks
Sensor technology suppliers Spartan Radar and Uhnder Inc. have formed a partnership to develop improved sensing capabilities for advanced driver-assistance systems and autonomous driving technology for commercial trucks.
February 24, 2022Oil Soars Past $100 After Russia Attacks Ukraine
Oil surged above $105 a barrel for the first time since 2014 after Russia attacked sites across Ukraine, triggering fears of a disruption to energy exports at a time of already tight supplies.
February 24, 2022Ports to Get $450 Million to Speed Flow of Goods
As cargo volumes continued to surge at the nation’s ports in January, the Biden administration on Feb. 23 announced plans to make $450 million available in new grant funding as part of the Department of Transportation’s Port Infrastructure Development Program.
February 23, 2022Safety Practices Can Offset Rising Insurance Rates, ATRI Study Says
Motor carriers can offset the rising cost of insurance premiums by continuously improving their overall safety practices and expanding use of smart technology, a new report said.
February 23, 2022EPA Slams USPS Plan for Mostly Gas-Powered Mail Trucks
The U.S. Postal Service has finalized a contract to replace its mail truck fleet with almost all gasoline-powered models, drawing an angry response from Biden administration officials who unsuccessfully pushed the agency to buy electric vehicles instead.
February 23, 2022Senate Republicans Concerned About Infrastructure Law’s Implementation
A group of Republican senators urged Transportation Secretary Pete Buttigieg to revisit his department’s approach to aspects of an infrastructure law’s implementation.
February 23, 2022