US Trade Gap Swells to Record in 2021 on Surge in Imports
The U.S. trade deficit grew in 2021 to the largest on record, reflecting a surge in the value of consumer-goods imports as the pandemic discouraged spending on services and drove more outlays for merchandise.
February 8, 2022Price of Diesel Soars 10.5¢ a Gallon to $3.951
The national average price for diesel continued its rampage in the new year, surging 10.5 cents to $3.951 a gallon, according to Energy Information Administration data released Feb. 7.
February 7, 2022House Nears Vote on Stopgap Bill to Avert Shutdown
The House released a short-term government funding bill and plans to vote on it Feb. 8 to stave off a federal shutdown after Feb. 18.
February 7, 2022Mandates, E-Commerce and Congestion Complicate Truck Parking Issues
Truck parking, which affects everything from driver satisfaction to cargo security, is a top concern for the trucking industry.
February 7, 2022Rep. Latta Confident a GOP-led House Would Pass AV Bill
WASHINGTON — Rep. Bob Latta of Ohio signaled his legislation on autonomous vehicle technology would advance if Republicans take over the majority in the House. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
February 7, 2022USPS Says It Could Buy More EVs If Congress Funded It
The U.S. Postal Service said it could buy more electric vehicles if more funding were available, after Biden administration criticism of the agency’s plan to replace its fleet mainly with gas-powered delivery trucks.
February 7, 2022Biden Task Force Releases Report to Strengthen Labor Unions
A Biden administration task force on organized labor on Feb. 7 issued a set of recommendations that could make it easier for federal workers and contractors to unionize.
February 7, 2022Illinois Trucking Association Launches Women’s Coalition
The Illinois Trucking Association launched a new coalition aimed at empowering women in the trucking industry.
February 4, 2022House Passes Bill Promoting Semiconductor Development
The U.S. House of Representatives on Feb. 4 passed an expansive bill that would invest tens of billions in the U.S. tech sector, but Republican objections that it’s too weak on China threaten what Democrats hoped would be a quick election-year win.
February 4, 2022Texas Cold Halts Some Permian Oil Wells as Ice Disrupts Trucking
The extreme cold that’s descended across Texas is prompting some oil producers in the Permian Basin to halt a small part of their output as icy roads disrupt critical trucking operations.
February 3, 2022