Commission Approves Contracts for Oklahoma City Road Projects
The Oklahoma Transportation Commission recently approved contracts for two major infrastructure improvement projects in the Oklahoma City metropolitan area.
June 9, 2020US Targets Sanctions for Iran-Venezuela Oil Tanker Trade
The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off trade between Iran and Venezuela, according to a person familiar with the matter.
June 9, 2020Recession Began in February, Economists Say
The U.S. economy fell into a recession in February, a group of economists with the National Bureau of Economic Research said June 8, and some within the trucking industry are not predicting a rapid return to pre-pandemic levels.
June 9, 2020Stocks Vault Higher as Nasdaq Hits Record on Economy Hopes
NEW YORK — The Nasdaq composite wiped away the last of its coronavirus-induced losses to set a record June 8.
June 8, 2020Diesel Increases by a Penny; Gas Climbs Back Above $2
The nationwide average price of a gallon of diesel increased by 1 cent to $2.396, according to the weekly report from the Energy Information Administration on June 8.
June 8, 2020Senate EPW Leaders Say Infrastructure Part of Solution During Turbulent Times
An economy-reviving infrastructure plan may be more important than ever in this age of the COVID-19 pandemic and social upheaval. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
June 8, 2020Recession Began in February in Face of Coronavirus, Experts Say
WASHINGTON — The U.S. economy entered a recession in February as the coronavirus struck the nation, a group of economists declared June 8.
June 8, 2020Tesla Hails Air-Quality Effects of Shutdowns Elon Musk Called ‘Fascist’
Tesla Inc. said the drop in pollution during coronavirus-related shutdowns could embolden governments that already have been making plans to eventually ban vehicles that run on fossil fuels.
June 8, 2020Trump’s Executive Order Seeks to Advance Major Infrastructure Projects
An executive order to expedite the permitting process for big-ticket infrastructure projects that President Donald Trump signed recently is meant to assist the economy during the pandemic.
June 8, 2020Cristobal Now a Depression, Moving Toward Great Lakes
NEW ORLEANS — Tropical Storm Cristobal weakened into a depression early June 8 after inundating coastal Louisiana and ginning up dangerous weather along most of the U.S. Gulf Coast, sending waves crashing over Mississippi beaches, swamping parts of an Alabama island town and spawning a tornado in Florida.
June 8, 2020