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Government, Business, Technology, Safety

House Transportation Policymakers Recommend Additional Pipeline Security

Colonial Pipeline

The leaders of the transportation committee in the U.S. House of Representatives pressed federal agencies to continue their robust response and review of cybersecurity operations months after a cyberattack disrupted a major petroleum pipeline.

Eugene Mulero | Senior Reporter
December 2, 2021
Business, Fuel

OPEC+ Sticks to Planned Supply Hike But Adds a Get-Out Clause

OPEC+ Sticks to Planned Supply Hike But Adds a Get-Out Clause

OPEC and its allies will proceed with their next oil-production hike, but said they could revisit the decision at any moment as the risk to demand from the omicron variant of COVID-19 becomes clearer.

December 2, 2021
Business, Logistics

ATRI Study Explores Differences Between Independent, Company Drivers

Smiling driver

Truck drivers have distinct reasons for choosing between driving for a company or remaining independent, a new report by the American Transportation Research Institute shows.

Connor D. Wolf | Staff Reporter
December 2, 2021
Business, Logistics

GXO Expands Warehouse Network in Atlanta With MYXfitness

MYXfitness

Logistics provider GXO Logistics Inc. and Beachbody Co.’s MYXfitness announced Dec. 2 they are working to open an Atlanta-based distribution center to help meet growing e-commerce demand.

Dan Ronan | Associate News Editor
December 2, 2021
Government, Business, Safety, Logistics, TCA

Teen Truck Drivers Seen as Way to Alleviate Shortage

Teen Truck Drivers Seen as Way to Alleviate Shortage

Dezjion Henson has wanted to be a truck driver his whole life. When he turned 18 last year, he jumped at the chance and signed on as an apprentice with Total Transportation of Mississippi in Richland.

Keith Laing | Bloomberg News
December 2, 2021
Business, Top 100

Ashley Furniture Set to Acquire Wilson Logistics Assets

Ashley Furniture Industries truck

Ashley Furniture Industries affiliate Ashley Pacific Northwest on Nov. 22 entered into an agreement to acquire certain assets of Wilson Logistics.

Connor D. Wolf | Staff Reporter
December 2, 2021
Government, Business

Jobless Claims Remain Low Following Prior Plunge

Jobless Claims Remain Low Following Prior Plunge

Applications for U.S. state unemployment benefits rose by less than forecast last week after a plunge tied to seasonal adjustments in the prior period.

Jordan Yadoo | Bloomberg News
December 2, 2021
Business, Technology

Tesla Officially Moves HQ From California to Texas

Tesla Officially Moves HQ From California to Texas

Tesla says it has officially moved its corporate headquarters from Silicon Valley to a large factory under construction outside of Austin, Texas.

December 2, 2021
Business, Logistics

Container Rates to US From Asia Fall to Lowest Since July

Container Rates to US From Asia Fall to Lowest Since July

Ocean freight rates on goods shipped to both U.S. coasts from Asia fell to the lowest levels since July, reflecting an easing of supply strains after the pre-holiday shipping frenzy that fanned inflation fears in the world’s largest economy.

Brendan Murray | Bloomberg News
December 2, 2021
Government, Business, Safety, Logistics

France to Exempt Truck Drivers From COVID Tests to Cross Borders

France to Exempt Truck Drivers From COVID Tests to Cross Borders

France will exempt truck drivers from the latest requirement requiring a COVID-19 test to enter the country in order to avoid long lines of trucks like the ones seen late last year in Kent in the United Kingdom.

Ania Nussbaum | Bloomberg News
December 2, 2021
Government, Business

Key Lawmakers Reach Stopgap Spending Deal to Avert Shutdown

Key Lawmakers Reach Stopgap Spending Deal to Avert Shutdown

House Democrats released a bipartisan short-term spending bill to keep the government open after midnight Dec. 3 and plan to put it to a House vote later Dec. 2.

Erik Wasson | Bloomberg News
December 2, 2021
Government

DeFazio Announces Retirement; Biden Touts Infrastructure Law

Capitol Agenda by Eugene Mulero

As Congress works to avert a partial government shutdown and the U.S. Senate seeks to approve the Build Back Better Act, the national transportation intelligentsia learned about the retirement of a longtime advocate for infrastructure funding.

December 1, 2021
Business, Logistics

Record Volumes at L.A. Ports to Become ‘New Normal’ After Crisis

Record Volumes at L.A. Ports to Become ‘New Normal’ After Crisis

The record volume of cargo moving through the busiest U.S. port complex is likely to continue amid high consumer demand for goods, the head of the Port of Long Beach said.

Augusta Saraiva | Bloomberg News
December 1, 2021
Government, Business

House Transportation Committee Chairman DeFazio Won’t Seek Re-Election

Transportation Committee Chairman Rep. DeFazio Won’t Seek Re-Election

Rep. Peter DeFazio (D-Ore.), the powerful chairman of the House Transportation and Infrastructure Committee, said Dec. 1 he is retiring and will not seek re-election next year.

December 1, 2021
Government, Business, Technology, Logistics

ATA’s Bob Costello: Economy Is Strong, but COVID, Inflation Threats Remain

Costello

Three core economic sectors of trucking are showing strength, but disruption from the omicron variant of the coronavirus hangs over the industry as it heads into 2022, American Trucking Associations Chief Economist Bob Costello said.

Dan Ronan | Associate News Editor
December 1, 2021
Government, Business

Fed Says Price Rises Robust Amid Strong Demand, Supply Snags

Fed Says Price Rises Robust Amid Strong Demand, Supply Snags

The U.S. economy grew at a modest to moderate pace through mid-November while price hikes were widespread amid supply chain disruptions and labor shortages, the Federal Reserve said.

Olivia Rockeman | Bloomberg News
December 1, 2021
Business, Technology, Fuel

GM Venture to Build Battery Chemical Plant

GM Venture to Build Battery Chemical Plant

General Motors is forming a joint venture with Posco Chemical of South Korea to build a North American battery materials plant as it brings more steps in the electric vehicle supply chain under its umbrella.

Tom Krisher | Associated Press
December 1, 2021
Government, Business, Safety, Logistics

FMCSA Extends HOS Waiver Through February Amid COVID-19 Concerns

driver wearing mask

The Federal Motor Carrier Safety Administration extended regulatory waivers related to truckers’ allowable work time, citing public health concerns.

Eugene Mulero | Senior Reporter
December 1, 2021
Business, Top 50, Top 100

Werner, TFI Bolster Operations With Acquisitions

Werner

Werner Enterprises and TFI International completed separate acquisitions Nov. 29 to bolster their operations.

Connor D. Wolf | Staff Reporter
December 1, 2021
Business, Equipment

October Used Truck Market Brings Record Prices

used truck lot

The average retail price for a used Class 8 vehicle in October climbed a notch higher to set a record, overtaking the previous peak set in September, ACT Research reported.

Roger Gilroy | Senior Reporter
December 1, 2021