Oil Reaches Three-Month High Above $60 on US-China Trade Pact
Oil rose above $60 a barrel for the first time in almost three months after the U.S. and China agreed on the text of a partial trade deal, giving a boost to the fragile outlook for global oil demand.
December 13, 2019Trump Says US, China Have Reached Deal
WASHINGTON — President Trump said Dec. 13 that the U.S. has canceled plans to impose new tariffs on $160 billion worth of Chinese imports Dec. 15 as part of a modest interim agreement that de-escalates a 17-month trade war between the world’s two biggest economies.
December 13, 2019Pennsylvania Freight Rail Track Gets $700,000 for Rehabilitation
The Pennsylvania Department of Transportation awarded $700,000 to Pittsburgh Intermodal Terminals Inc. to improve about 1 mile of freight rail track to bolster operations and generate jobs in Beaver County.
December 13, 2019California Considers Requiring Zero-Emission Truck Sales
SACRAMENTO, Calif. — The country’s most populous state could become the first to require a portion of new truck sales be electric or “zero emission” vehicles as California grapples with how to clean up its worst-in-the nation air quality.
December 13, 2019Trump Approves U.S.-China Trade Deal to Halt Dec. 15 Tariffs
President Donald Trump signed off on a phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about $160 billion of consumer goods from the Asian nation, according to people familiar with the matter.
December 12, 2019FCC Approves Proposal to Proceed With 5.9 GHz Changes
WASHINGTON — Despite opposition from leading transportation groups, the Federal Communications Commission on Dec. 12 unanimously moved to proceed with a proposal that would devote a significant aspect of auto safety airwaves to broadband uses, with a remainder for a new cellular connected-vehicle technology.
December 12, 2019Ford Adding to Austin Self-Driving Car Operation
Ford Motor Co. is adding to its self-driving car testing operation in Austin, Texas, saying Dec. 11 it has secured two pieces of real estate that will be central to the project.
December 12, 2019Industry Leaders: Celadon Drivers, Others Recently Laid Off Likely to Find Work
Recent headlines concerning the trucking industry’s economy have been somewhat foreboding, but industry leaders are optimistic workers laid off can find new jobs.
December 12, 2019Freight Stakeholders: USMCA Is ‘Victory’ for Industry
Freight stakeholders expressed strong support for the recent agreement reached by congressional Democrats and the Trump White House on a new trade deal with Canada and Mexico, as the U.S. House readies a vote on the deal before the end of the year.
December 12, 2019FMCSA Issues Final Rule for States to Comply With Clearinghouse Requirements
The Federal Motor Carrier Safety Administration announced Dec. 12 a final rule extending by three years the date for state driver's licensing agencies to comply with certain Drug and Alcohol Clearinghouse requirements.
December 12, 2019