Oil Price Keeps Rising as Industry Eyes Iran-US Conflict
PROVIDENCE, R.I. — The global benchmark for crude oil rose above $70 a barrel Jan. 6 for the first time in more than three months, with jitters rising over the escalating military tensions between Iran and the United States.
January 6, 2020Florida School District to Open CDL Driving Pad
The Marion County (Fla.) School District’s CDL program is about to hit a new gear now that a newly constructed truck driving pad is poised to open Jan. 10.
January 6, 2020Federal Reserve Saw Declining Recession Risk in December
WASHINGTON — The Federal Reserve’s policymaking committee saw much less risk of recession at its meeting in December, when it kept interest rates steady after three straight cuts and signaled that it expected to keep low rates unchanged through this year.
January 3, 2020Secretary Elaine Chao to Headline TRB’s Annual Luncheon
Secretary Elaine Chao, the country’s top transportation officer, is scheduled to deliver keynote remarks at the Transportation Research Board’s annual meeting chair’s luncheon Jan. 15.
January 3, 2020Manufacturing Activity Falls to Lowest Level in Decade
WASHINGTON — U.S. manufacturing activity fell to the lowest level in more than a decade, as the sector was hurt by weakening demand and last year’s global economic slowdown.
January 3, 2020Oil Price Jumps on Fear of Iranian Retaliation Against US
LONDON — The price of oil surged Jan. 3 as global investors were gripped with uncertainty over the potential repercussions after the United States killed Iran’s top general.
January 3, 2020Three Crashes, Three Deaths Raise Questions About Tesla’s Autopilot
DETROIT — Three crashes involving Teslas that killed three people have increased scrutiny of the company’s Autopilot driving system just months before CEO Elon Musk has planned to put fully self-driving cars on the streets.
January 3, 2020U-Haul Won’t Hire Nicotine Users in 21 States
NEW YORK — U-Haul said that it won’t hire nicotine users in the 21 states where it is legal to do so, saying that it wants to ensure a “healthier workforce.”
January 3, 2020ATA’s Chris Spear Praises USMCA Movement, Urges Final Passage in Congress
Congressional movement on the U.S.-Mexico-Canada Agreement was a good year-end victory for the trucking and freight industry that set the stage for growth in 2020, according to American Trucking Associations President Chris Spear.
January 2, 2020Illinois’ Vehicle Manufacturing Future to be Shaped in Three Cities
From electric trucks and startups to international megamergers, the state of the fast-evolving auto industry in Illinois comes down to a tale of three cities: Normal, Belvidere and Chicago.
January 2, 2020