Is a recession on the horizon? It’s anyone’s guess
The Treasury Secretary, Democrats, Republicans, and the economists at Goldman Sachs have wildly different opinions on the US economy - is it running headway into the Great American recession?
Tariffs on baby formula suspended after 5 month shortage
Five months after the beginning of a shortage that has had parents of infants across America scrambling for baby formula, President Joe Biden signed legislation to suspend tariffs on imported baby formula.
Training schools are opening up to fill the technician labor shortage
The technician shortage has repair shops and fleets desperately looking for talent.
Biden Administration sidesteps nationwide railroad worker strike with creation of emergency board
The creation of the Presidential Emergency Board (PEB) comes on the heels of approximately 115,000 railroad workers across the nation threatening a full-scale strike.
American cherry exports boom in China
The Chinese love their American cherry imports - so much so, that the top buyer of US cherries has impacted airfreight capacity for other export markets to ensure their shipments get delivered.
Truck parking bill clears House committee
The Truck Parking Safety Improvement Act, HR2187, has officially cleared the full House Committee on Transportation and Infrastructure.
Grain export agreement brokered between Ukraine and Russia
Grain exports are set to return to the Ukrainian Black Sea after the deal has been struck between the country and invading Russia.
Jeep pulls manufacturing plant out of China
Global car manufacturers are nervously watching as Jeep shuts its doors to its China plant.
Russia puts Nord Stream gas pipeline back in action, feeding Europe natural gas
The Nord Stream pipeline system is back in operation after a brief respite, delivering Russian gas flow into Europe, which is under the massive strain of reduced supplies.
Lack of smartphone demand leads to oversupply of semiconductor chips
The market’s demand for smartphones was fallen slightly to the wayside, and the semiconductor suppliers that have been voicing fears of a shortage now have an oversupply of chips.
CMA CGM SA billionaire CEO pushes back on French lawmakers new tax plan
Chief Executive Officer Rodolphe Saade of shipping giant CMA CGM SA is slamming French lawmakers for their new tax proposal, meant to stifle inflation by raising taxes on corporate profits.
Covid 19-era HOS emergency declaration proves that drivers can deliver
In March 2020, the Federal Motor Carrier Safety Administration issued an emergency order in light of the pandemic, providing some regulatory relief from a handful hours-of-service regulations truckers had been relegated to previously.
Ships traveling through “Ukraine Grain Corridor” struggle to get insured
Russia, Ukraine, Turkey, and the United Nations are gathering this week to sign a deal meant to guarantee the safe passage of grain from Ukraine across the Black Sea.
Inflation doesn’t seem as “temporary” as the White House claimed it was in July 2021
President Joe Biden claimed that inflation would be a “temporary” roadblock one year ago, but it seems to be far from temporary.
Companies that integrate diversity tend to reap the rewards of happier employees
Diversity in trucking consists of many facets: thought, race, ethnicity, gender, age, religion, sexual orientation, ability, experience, and background.
Private jet usage at its highest amidst a wealth boom and post-Covid travel demand
Major private jet manufacturers are swimming in cash - or maybe flying.
Rail industry leaders applaud White House intervention in union talks
ith the threat of a railroad worker strike, President Biden created an emergency board to help facilitate ongoing talks between the freight railroads and rail labor organizations.
ATA launches Women in Motion program, aimed to attract more female truckers
With only 8% of professional truck drivers being women and only 4% of all diesel technicians being women, the American Trucking Associations (ATA) is looking to change that.
Lithium-ion batteries have growing ties to China’s Xinjiang province
One of the world’s largest producers of the highly sought-after material is Ganfeng Lithium Co., a Chinese company that is now partnering with an entity to explore the possibility of developing lithium, nickel, and other critical metals in Xinjiang.
Car safety features are being quietly removed from new models amid semiconductor shortage
From blind spot monitors to proximity alerts, some safety features are being axed from new models of vehicles due to the semiconductor shortage.
