Rhode Island Gov. Gina Raimondo Confirmed as Commerce Secretary
Gina Raimondo easily won Senate confirmation as Commerce secretary, placing the Rhode Island governor at the heart of President Joe Biden’s efforts to revive the U.S. economy and confront alleged unfair trade practices by China.
Senate Committee Schedules Vote on Raimondo’s Nomination
A U.S. Senate panel scheduled a vote to consider the nomination of Gov. Gina Raimondo to become the country’s next secretary of commerce.
Biden Selects Boston Mayor Marty Walsh for Labor Secretary
President-elect Joe Biden has selected Boston Mayor Marty Walsh to serve as secretary of the Department of Labor.
Biden Taps Rhode Island Gov. Gina Raimondo as Commerce Chief, Source Says
President-elect Joe Biden has chosen Rhode Island Gov. Gina Raimondo as his nominee for commerce secretary, a person familiar with the matter said Jan. 7.
Commerce Department Grants Target Infrastructure Improvements in Texas, California
Texas and California are the recipients of federal grants meant to enhance infrastructure projects essential for freight connectivity, the Department of Commerce’s Economic Development Administration announced.
Business-Equipment Orders Show First Decline in Five Months
Orders placed with U.S. factories for business equipment unexpectedly declined in August, the first drop in five months, marking a pause from solid gains in manufacturing, Commerce Department figures showed Sept. 27.
Second Straight Drop in Retail Sales Shows Tepid Spending
Retail sales unexpectedly dropped for a second month in June, signaling consumers are providing only modest support for the U.S. economy, Commerce Department data showed July 14.
Narrower Trade Gap May Boost Growth Pace in Second Quarter
The narrower U.S. merchandise trade deficit and increases in inventories may boost analysts’ tracking estimates of economic growth this quarter.
LTL Fleets Offering Short-Term Storage, Shift to Smaller Trucks for E-Commerce
Less-than-truckload companies hoping to capitalize on e-commerce are offering shippers short-term storage in terminals and shifting more business from Class 8 trucks to Class 5 and Class 6 straight trucks, according to industry executives.
Sen. John Thune Officially Named Chairman of Commerce Committee
As expected, the U.S. Senate on Jan. 8 ratified Sen. John Thune (R-S.D.) as the next chairman of the Commerce, Science and Technology Committee during the 114th Congress.