18 Feb Allison, Dana Both Find Room for Optimism in Q4 Results Allison Transmission Holdings Inc. reported lower net income and revenue while Dana Inc. posted lower net income and slightly increased revenue. Read more...
18 Feb EPA Steps Up Efforts to Catch Emissions Tampering The U.S. Environmental Protection Agency is in its second year of a four-year enforcement effort to catch truckers who are installing emissions defeat devices or otherwise tampering with emissions systems. Read more...
18 Feb Pandemic Forces Cancellation of NTDC for Second Consecutive Year For the second summer in a row, the National Truck Driving Championships & National Step Van Driving Championships are being canceled due to the COVID-19 pandemic. Read more...
18 Feb Ports Continue to Set Records; Congestion Worsens on West Coast More than 60 containerships sat in San Pedro Bay on Feb, 18, at the entrance to the sprawling ports of Los Angeles and Long Beach. The vessels are waiting for a slot to sail into those facilities to begin unloading their cargo and then start the nearly two-week trip back to China. Read more...
18 Feb US Steps Up Heat on Container Carriers to Ease Port Congestion U.S. regulators stepped up the heat on ocean shipping companies and the seaport terminals some of them operate, seeking to smooth the disrupted flow of containers that are swamping America’s biggest ports and wreaking havoc on the nation’s strained supply chains. Read more...
18 Feb Texas’ Gas-Export Clampdown Shocks Market as Blackouts Continue Texas is restricting the flow of natural gas across state lines in an extraordinary move that some are calling a violation of the U.S. Constitution’s commerce clause. Read more...
18 Feb US Jobless Claims Hit Four-Week High in Fresh Labor Setback Applications for U.S. state unemployment insurance jumped to a four-week high, indicating the labor market is suffering fresh setbacks even as the coronavirus pandemic shows signs of ebbing. Read more...
17 Feb California Lawmakers Propose Ban on Fracking by 2027 SACRAMENTO, Calif. — New legislation would ban all fracking in California by 2027, taking aim at the powerful oil and gas industry in a state already planning to ban the sale of new gas-powered cars by 2035. Read more...
17 Feb DOT Opens Funding Opportunity for $889 Million in INFRA Grants The U.S. Department of Transportation announced it is making $889 million available through its latest round of Infrastructure For Rebuilding America grants. Read more...
17 Feb Trucking Takes On Lawsuit Abuse in Florida The Florida Trucking Association and its business allies are taking on lawsuit abuse in the state’s courts, and with the state Legislature, where the climate for change seems to be improving. Read more...