19 Jun US Slaps Sanctions on Mexican Companies Helping Venezuelan Oil The U.S. Treasury Department levied sanctions on Mexican trading company Libre Abordo SA de CV for buying Venezuelan oil via oil-for-humanitarian-aid agreements with the embattled country. Read more...
19 Jun House Panel Advances Multiyear Highway Bill The House Transportation and Infrastructure Committee advanced a five-year, $494 billion highway policy bill June 18. Read more...
19 Jun May Trailer Orders Fall to Second-Worst Level Ever U.S. trailer orders in May sank to the second-lowest level of all time as they struggled to clear 3,000 in another month of strong cancellations, ACT Research reported. Read more...
18 Jun House Policymakers Consider Multiyear Highway Bill The Transportation and Infrastructure Committee in the U.S. House continued to debate a five-year, $494 billion highway policy bill on June 18, a day after kicking off the measure’s consideration. Read more...
18 Jun House Democrats Pitch $1.5 Trillion in Infrastructure Spending House Democrats on June 18 pitched a $1.5 trillion plan to rebuild the nation’s infrastructure and urged President Donald Trump to immediately engage in negotiations on how to pay for it. Read more...
18 Jun Werner CEO Looks Back at Founder’s Legacy Werner Enterprises CEO Derek Leathers in an exclusive interview with Transport Topics discussed how the principles established by company founder Clarence L. Werner — who plans to step down as chairman of the board next year — remain the foundation of how the company operates. Read more...
18 Jun DOT Unveils Newest INFRA Grant Recipients The U.S. Department of Transportation has announced the recipients of $906 million in Infrastructure For Rebuilding America grants. Read more...
18 Jun Ford Takes on Tesla With Hands-Free Driving for Electric Mustang Ford Motor Co. plans to install a hands-free driving system on its electric Mustang Mach-E model coming later this year as it attempts to muscle in on the high-tech turf now dominated by Tesla Inc. Read more...
18 Jun Tesla Homes In on Austin, Texas, for Cybertruck Site Tesla Inc. is zeroing in on an area in southeast Austin, Texas, for the electric-car maker’s second U.S. auto factory as Elon Musk prepares to choose a site for its production base of a new pickup truck. Read more...
18 Jun 1.5 Million More Laid-Off Workers Seek Unemployment Benefits About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, a historically high number, even as the economy increasingly reopens and employers bring some people back to work. Read more...