20 Dec Fired Truck Driver Sues Cannabidiol Company After Using Product While 33 states allow the use of medical marijuana and 10 states permit possession and recreational use of pot, for truck drivers there is but one law: Don’t use it. Period. Read more...
20 Dec Although Jobless Claims Rise, Labor Market Still Solid Filings for U.S. unemployment benefits rose for the first time in three weeks while remaining near levels that reflect a tight labor market. Read more...
20 Dec UPS Holiday Package Returns Hit Peak Before Year End for First Time UPS Inc. expected to handle a record 1.5 million returns Dec. 19, ahead of its usual early January peak of 1.3 million. Read more...
20 Dec Record Number of Travelers Predicted for Roads, Rails, Airports, AAA Says Expect record-breaking crowds this holiday season on the nation’s roads, rails and runways, as about one-third of Americans will be on the move. Read more...
19 Dec Outgoing House Speaker Paul Ryan Fails to Mention Infrastructure Policy in Farewell Address In a farewell address Dec. 19 to the nation that highlighted ongoing concerns over immigration and celebrated the passage of legislation about tax and energy policies, the outgoing Republican leader of the House of Representatives did not mention transportation-centric bills that had advanced during his tenure. Read more...
19 Dec Fed Raises Rates, Trims Forecast for Hikes in 2019 From Three to Two The Federal Reserve raised borrowing costs for the fourth time this year Dec. 19, ignoring a stock market sell-off and defying pressure from President Donald Trump, while dialing back projections for interest rates and economic growth in 2019. Read more...
19 Dec China Buys More US Soybeans as Agriculture Trade Woes Ease China, the world’s largest consumer of soybeans, bought American-grown oilseed for a second week after largely shunning U.S. supplies earlier this year in a trade war between the countries. Read more...
19 Dec A Year In, ELD Compliance Is Still Big News In the first full year of ELD compliance, waivers and compliance dominate the top 10. Amazon continues to make headlines as well. Read more...
19 Dec FedEx Stock Takes Beating on Bleak European Outlook FedEx Corp. shares plunged Dec. 19, after its “jarring” cut to annual forecasts and bleak commentary about European economy and global trade alarmed the market. Read more...
19 Dec Existing Home Sales Rise for Second Month Sales of previously owned U.S. homes rose for a second straight month and exceeded forecasts in November, suggesting consumer demand is picking up as price gains moderate amid more generous inventories. Read more...