UK May Ease Curbs on Foreign Trucks
The British government is considering suspending restrictions on the number of drop-offs that foreign truck drivers can make on trips to the U.K. in an effort to ease the country’s supply chain problems.
October 14, 2021Dems Scrutinize Abandoned Offshore Oil Equipment
House Democrats began making the case Oct. 14 for stricter regulation of thousands of abandoned wells, platforms and pipelines off the U.S. coasts following one of the biggest offshore spills in California in nearly 30 years.
October 14, 2021Wholesale Prices Rose Record 8.6% Over 12 Months
WASHINGTON — Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change was first calculated in 2010.
October 14, 2021Unemployment Claims Fall to Lowest Level Since Pandemic
WASHINGTON — The number of Americans applying for unemployment benefits fell to its lowest level since the pandemic began, a sign the job market is still improving even as hiring has slowed in the past two months.
October 14, 2021Biden Aides Meet on Rising Fuel Prices
Top administration officials met the evening of Oct. 12 to discuss rising gasoline and natural gas prices, as President Joe Biden faces intensifying pressure to keep a lid on inflation that threatens the economic recovery and Democrats’ political ambitions.
October 13, 2021Fixing Supply Chain Won’t Be Easy, Experts Say
Fixing the broken supply chain will take time and patience, substantial amounts of money, imagination by key leaders in the transportation and logistics industry, and significant policy changes.
October 13, 2021Freight Stakeholders Aim to Clear Supply Chain Bottlenecks
Some of the nation’s largest carriers and the operators of the country’s busiest port are joining a White House effort to ease crippling bottlenecks that are vexing supply chains through expanded service offerings that include, in some cases, 24/7 operations.
October 13, 2021Consumer Prices Outpace Forecast as Inflation Dogs Economy
Prices paid by U.S. consumers rose in September by more than forecast, resuming a faster pace of growth and underscoring the persistence of inflationary pressures in the economy.
October 13, 2021Britain’s Own Truck Drivers Are Mainly Responsible for Shortage, Statistics Show
The shortfall in U.K. truck drivers that’s causing widespread shortages of goods is caused mainly by British workers leaving the industry rather than foreigners unable to join.
October 13, 2021US Regulators Seek Answers From Tesla Over Lack of Recall
DETROIT — U.S. safety investigators want to know why Tesla didn’t file recall documents when it updated Autopilot software to better identify parked emergency vehicles, escalating a simmering clash between the automaker and regulators.
October 13, 2021