Core Inflation Holds Steady as Energy Drags Down Main Index
A key measure of U.S. inflation was little changed in December while falling energy prices dragged down the broader gauge, giving the Federal Reserve little urgency to raise interest rates soon as it signals a more cautious approach in 2019.
January 11, 2019How a Prolonged Government Shutdown Might Ripple Down to States
Almost a third of the $2 trillion that U.S. states spend each year comes from Washington, so the partial shutdown of the federal government would seem to spell major financial trouble in America’s statehouses.
January 11, 2019Iowa Eyes EV Tax to Offset Projected Decline in Road Funds
After a Dec. 31 report by the Iowa Department of Transportation that shows a $317,000 reduction in the Road Use Tax Fund in 2018, state officials have made recommendations to the Iowa Legislature such as increasing fees or charging taxes to electric vehicle owners.
January 10, 2019Jobless Claims Fall to Four-Week Low in Tight Labor Market
U.S. filings for unemployment benefits fell to a four-week low even amid a partial federal government shutdown, showing healthy demand for workers at the start of the year.
January 10, 2019EU Trade Chief to Continue Talks With US
The European Union’s trade chief, Cecilia Malmstrom, will continue talks with her U.S. counterpart Jan. 10, after the two met earlier the week of Jan. 7 in an effort to tamp down escalating commercial tensions, according to the European Commission.
January 10, 2019Fiat Chrysler Said to Settle Civil Suit on Diesel-Emissions Violations
Fiat Chrysler Automobiles NV will pay hundreds of millions of dollars to settle a lawsuit brought by the U.S. Justice Department, which alleged some of its diesel-powered vehicles violated clean-air rules, a person familiar with the matter said.
January 10, 2019New Postal Service Business Model Creates Opportunity for Growth, Consolidation Among Private Mail Haulers
A new distribution strategy by the U.S. Postal Service is forcing fundamental changes in the way private mail contractors operate and is leading to a surge in consolidation activity.
January 10, 2019Even in Shutdown, Pelosi and House Democrats’ Legislative Priorities Include Infrastructure
High on the list of priorities for the new Speaker of the U.S. House of Representatives is funding for infrastructure projects, something transportation officials and freight executives around the country agree is badly needed for reducing congestion and to boost regional economies.
January 10, 2019Skills Testing Delays Cost US Economy $1.5 Billion, CVTA Study Says
Commercial driver skills testing delays are responsible for $1.5 billion in annual economic losses for the U.S. economy and more than 6.4 million days of delays for new drivers, according to new research commissioned by the Commercial Vehicle Training Association.
January 10, 2019US-China Trade Talks End on Note of Cautious Optimism
The Trump administration wrapped up the latest round of trade talks in Beijing, noting a commitment by China to buy more U.S. agricultural goods, energy and manufactured items.
January 9, 2019