08 Jul Biden Promotes Infrastructure Plan as Congress Prepares Policy Agenda President Joe Biden pressed Congress to legislate on the infrastructure policy aspects of his domestic agenda as lawmakers return to Washington from their July 4 recess. Read more...
08 Jul Mullen Ramps Up Acquisitions Amid Expansion Plans Mullen Group recently announced several acquisitions as part of an ongoing strategic plan to grow the Canadian business. Read more...
08 Jul US Seeks to Lower Spiking Shipping Costs With Competition The Biden administration is set to ask regulators to promote competition in the ocean shipping and rail industries after consolidation led to spikes in prices, according to a person familiar with a pending executive order. Read more...
08 Jul Virginia DOT Rolls Out EV Charging Location Information The Virginia Department of Transportation on July 7 introduced a new feature to help drivers locate electric vehicle charging stations. Read more...
08 Jul DP World to Buy Imperial Logistics in $890 Million Bet on Africa DP World plans to buy South Africa’s Imperial Logistics Ltd. for $890 million, in what the port operator said would be its most significant acquisition in Africa so far. Read more...
08 Jul 229% Surge in China-US Shipping Costs Drives Inflation Pressure The cost to ship a boxload of goods to the U.S. from China edged close to $10,000 as the world’s biggest economy keeps vacuuming up imports amid slower recoveries from the pandemic from Europe to Asia. Read more...
08 Jul Initial Jobless Claims Edge Up but Hold Near Pandemic Low Applications for U.S. state unemployment insurance edged up last week, though remained near a pandemic low, as the labor market grinds its way toward a full recovery. Read more...
08 Jul PHMSA Seeks Ideas to Improve Safe Hazmat Transportation The Pipeline and Hazardous Materials Safety Administration is seeking ideas for leading-edge research and innovative techniques to advance the safe transportation of hazardous materials. Read more...
07 Jul TMC/FleetNet America Reports Spike in Unscheduled Roadside Repairs Fleets experienced an increase in unscheduled roadside maintenance from the end of 2020 through the first quarter of 2021, according to benchmarking data compiled by service data program developer FleetNet America and the Technology & Maintenance Council of American Trucking Associations. Read more...
07 Jul US Projects Modest Oil Output Increase in 2021 Despite High Prices The U.S. sees limited domestic oil production growth through next year despite rising oil prices and rebounding demand. Read more...