NHTSA Probing Hyundai, Kia for Cars That Catch Fire
The National Highway Traffic Safety Administration is investigating some 3 million U.S. vehicles made by Hyundai Motor Co. and Kia Motors Corp. after thousands of complaints that the vehicles went up in flames even without being involved in a crash.
April 2, 2019Business-Equipment Orders Post Third Drop in Four Months
Orders placed with U.S. factories for business equipment fell in February for the third time in four months, suggesting corporate investment remains subdued amid a slowing global economy and uncertainty over the trade war with China.
April 2, 2019Diesel Dips 0.2¢ to $3.078 a Gallon as Oil Surges
The U.S. retail diesel average price dipped 0.2 cent to $3.078 a gallon, the Department of Energy reported, as the price of crude oil surged past $61 a barrel amid tighter supplies.
April 1, 2019Senate Appropriators Raise Livestock Industry’s ELD Concerns
Federal policymakers continue to share livestock haulers' concerns over the ELD mandate. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
April 1, 2019China Extends Suspension of Tariffs on US Autos
The Chinese government said it will extend a suspension of retaliatory tariffs on U.S. autos and include the opioid fentanyl in a list of controlled substances, two steps that could generate a positive atmosphere for trade negotiations due to resume this week.
April 1, 2019Commodities’ Best Quarter Since 2016 May Be Tough Act to Follow
Commodities had their best quarter in almost three years, driven by supply concerns and optimism over demand. Investors, though, might not want to get too cocky.
April 1, 2019Factory Gauge Rises From Two-Year Low on Employment Gains
A gauge of U.S. factories topped estimates in March, rising from a two-year low on strength in employment and orders and signaling stabilization after a rocky few months.
April 1, 2019Retail Sales Unexpectedly Decline in February
U.S. retail sales unexpectedly eased in February on declines in grocery stores and building materials, which could reflect cooler weather, though also may signal further headwinds for the economy in the first quarter.
April 1, 201947,000 Bridges Nationwide Are Structurally Deficient, ARTBA Analysis Finds
Iowa, Pennsylvania and Oklahoma have the dubious distinction of leading the country in states with the highest number of bridges deemed structurally deficient, according to a recent analysis by the group that represents road builders.
April 1, 2019Gov. Ralph Northam’s I-81 Funding Fixes Eye Trucking Industry
Virginia Gov. Ralph Northam’s proposed fundraising tools for Interstate 81 improvements include the trucking industry shouldering a significant portion of the financial burden.
March 29, 2019