Factories Grow at Slower Pace in January
SILVER SPRING, Md. — American factories grew in January, but at a slower pace than December.
February 1, 2021Intermodal Council Scores Win in Latest Round of Ongoing Case Against Ocean Carriers
The Federal Maritime Commission judge overseeing the $1.8 billion case between the Intermodal Motor Carriers Conference of American Trucking Associations and the Ocean Carriers Equipment Management Association has rejected OCEMA’s appeal to have the case stayed.
February 1, 2021Biden Revokes Oil Drilling Permits for Additional Review
The Biden administration is revoking dozens of invalid drilling permits issued by agency workers without the approval of political appointees, despite a temporary order for such reviews.
January 29, 2021Senate Committee Schedules Vote on Raimondo’s Nomination
A U.S. Senate panel scheduled a vote to consider the nomination of Gov. Gina Raimondo to become the country’s next secretary of commerce.
January 29, 2021Trucks Included in Maryland’s Updated Safety Plan
The 2021-2025 Maryland Strategic Highway Safety Plan, released Jan. 28, identifies strategies and actions meant to help eliminate fatalities on state roadways.
January 29, 2021Freight Transportation Undergoing Uneven Recovery, Panel Says
Trucking has already returned to pre-pandemic norms in many ways but there are still issues — including capacity — that are lagging behind, according to panelists at the SMC³ Jump Start 2021 conference on Jan. 27.
January 28, 2021Chinese Trucking Startup Full Truck Alliance Eyes $1 Billion US IPO
Uber-like Chinese startup Full Truck Alliance is preparing for a U.S. initial public offering that could raise at least $1 billion as soon as this year, after eking out a slim 2020 profit thanks to a pandemic-era shipping surge.
January 28, 2021COVID-19 Package to Go Before Senate in February, Chuck Schumer Says
A new round of COVID-19 economic relief that would include aid for hard-hit transportation systems will be up for consideration in early February, Senate Majority Leader Chuck Schumer indicated Jan. 28.
January 28, 2021Economy Grows 4%; Transportation Services See Small Drop
The U.S. economy downshifted in the final three months of 2020 after record third-quarter growth, as the pandemic battered the labor market and limited Americans’ ability and willingness to spend.
January 28, 2021Jobless Claims Fall by More Than Expected
Applications for U.S. state unemployment benefits fell last week, signaling that job cuts may be easing after rising in December and early January.
January 28, 2021