Jobless Claims Fell by More Than Forecast Last Week to 223,000
Applications for U.S. state unemployment insurance fell for a third week as COVID-19 cases continue to drop, solidifying the labor market’s strength after an omicron-induced spike in claims.
February 10, 2022Inflation Charges Higher With Larger-Than-Forecast Gain
U.S. consumer prices surged in January by more than expected, sending the annual inflation rate to a fresh four-decade high and adding more urgency to the Federal Reserve’s plans to start raising interest rates.
February 10, 2022Yellow CEO Darren Hawkins: Q4 Earnings Show Carrier on Right Track
Yellow Corp. CEO Darren Hawkins told Transport Topics that the less-than-truckload carrier’s recent financial performance demonstrates its moves to rebuild its fleet, secure new business while maintaining existing customers and implement new technologies are setting the stage for long-term growth.
February 10, 2022Border Blockage Continues as Some Canadian Provinces Ease COVID Restrictions
TORONTO — A rapidly growing list of Canadian provinces moved to lift their COVID-19 restrictions as protesters decrying virus precautions kept up the pressure with truck blockades Feb. 9 in the capital and at key U.S. border crossings, including the economically vital bridge to Detroit.
February 9, 2022Maine Sets $1.8 Billion Plan for Infrastructure Upgrades
Three steel bridges in Maine that cross Interstate 95 and date to the Dwight Eisenhower administration are included in a $1.8 billion plan to overhaul some of the state’s transportation infrastructure.
February 9, 2022Driver Drug Violations Increased by 10% in 2021 Over Prior Year
The total number of truck driver drug violations increased by 10% in 2021, compared with total numbers reported in 2020, according to a new federal Drug & Alcohol Clearinghouse summary report.
February 9, 2022House Transportation Panel Plans Water Bill
Democratic leaders on the U.S. House transportation committee are proceeding with an update to the Water Resources Development Act, or WRDA.
February 9, 2022Senators Call for Gas Tax Suspension to Blunt Rising Prices
WASHINGTON — Some Democratic senators on Feb. 9 called for suspending the federal gas tax for the remainder of the year to help consumers struggling with rising fuel prices.
February 9, 2022House OKs Bill Easing Budget Strains on Postal Service
WASHINGTON — Congress would lift onerous budget requirements that have helped push the Postal Service deeply into debt and would require it to continue delivering mail six days per week under bipartisan legislation the House approved Feb. 8.
February 9, 2022Familiar Spots Lead ATRI’s Top Highway Bottlenecks
Some very familiar trouble spots lead the 2022 Top Truck Bottlenecks List from the American Transportation Research Institute.
February 9, 2022