Oil extended its longest run of daily gains in 17 months on renewed efforts by the U.S. and China to reach a trade deal, and expectations the market will be tightened by OPEC’s output cuts.
January 8, 2019Government
About Government News...
Transport Topics government and regulatory coverage keeps managers of a highly-regulated industry aware of the policy decisions that can shape their businesses. Covering both the legislative and regulatory aspects of policy-making, at both the state and national levels, the news in this category includes looks at infrastructure, hours of service, emissions rules, funding measures, leadership appointments, and more. Readers can follow what’s happening in Congress, at the Department of Transportation and the Federal Motor Carrier Administration, and in state and local governments.
Government, Fuel
Taylor Weidman/Bloomberg News
Oil Extends Longest Rally in 17 Months as Supplies Seen Tighter
Taylor Weidman/Bloomberg News
Transport Topics Podcasts
Check out the latest podcast episodes of our RoadSigns and LiveOnWeb programs. Episode 2 of our Season Intersession of RoadSigns, "Is Trucking Charging Toward an Electric Reality?" is now available. Check back here often as new content is always being added!
January 3, 2019
Government, Business, Fuel
John Sommers II for Transport Topics
Diesel Average Drops 3.5¢ to $3.013 a Gallon
John Sommers II for Transport Topics
The U.S. average retail price of diesel dropped 3.5 cents to $3.013 a gallon, the U.S. Energy Information Administration reported Jan. 7, even as crude oil prices saw renewed vigor and broached the mark of $50 per barrel.
January 7, 2019
Government, Business, Logistics, Top 50, Top 100
Nussbaum Transportation in 2018 introduced an employee ownership plan. (Nussbaum Transportation Services)
Trucking Industry Expected to See Slower Growth in 2019
Nussbaum Transportation in 2018 introduced an employee ownership plan. (Nussbaum Transportation Services)
After a 2018 that saw record-setting levels of freight-hauling demand and driver pay as tonnage levels reached a 20-year high, the trucking industry is expected to remain strong in 2019 but undergo a bit of a cool-down, economists say.
January 7, 2019
Government, Business
New House speaker Nancy Pelosi (left) with Rep. Peter DeFazio (right) by Alex Brandon/AP
Capitol Agenda for the Week of Jan. 7: The DeFazio Era Begins
New House speaker Nancy Pelosi (left) with Rep. Peter DeFazio (right) by Alex Brandon/AP
Oregon Democrat Peter DeFazio was first elected to Congress in 1986. Now as the chairman of the Transportation and Infrastructure Committee, will he be the one to orchestrate an infrastructure funding plan? Here's the week ahead for trucking on Capitol Hill.
January 7, 2019
Government, Business, Technology, Safety
B Christopher — Alamy
Midwest States Launch Program to Address Truck Parking Issues
B Christopher — Alamy
A group of eight Midwestern states has launched a system to inform truckers about parking availability along interstate highways. Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Ohio and Wisconsin launched the Trucks Park Here program.
January 7, 2019
Government, Business
Julio Cortez/Associated Press
Service Firms Grew at Slower Pace in December
Julio Cortez/Associated Press
WASHINGTON — U.S. service firms grew in December at the slowest pace in five months, a possible indication that various headwinds from turbulent markets to trade tensions could be having an impact on economic activity.
January 7, 2019
Government, Business, Logistics
Patrick T. Fallon/Bloomberg News
Sears Said to Weigh Liquidation as Lampert’s Bid Falls Short
Patrick T. Fallon/Bloomberg News
Sears representatives summoned liquidation firms and other advisers to emergency meetings on Jan. 4 after rejecting Lampert’s $4.4 billion bid to buy and operate Sears stores.
January 7, 2019
Government, Fuel
Brittany Sowacke/Bloomberg News
Oil Set for Longest Gain in 17 Months on US Economy, OPEC Cuts
Brittany Sowacke/Bloomberg News
Oil headed for its longest stretch of daily gains in more than 17 months as the U.S. Federal Reserve sought to ease investor concerns, China moved to stimulate its economy and OPEC production cutbacks took effect.
January 7, 2019
Government, Business, Technology, Equipment, Safety, Fuel, Logistics, Autonomous
stellalevi
Infrastructure, Trade Loom Large for Trucking in the New Year
stellalevi
Infrastructure and trade loom large for trucking in the year ahead as freight carriers adjust to a slower, but still positive, rate of economic growth in 2019, according to industry experts interviewed by Transport Topics.
January 4, 2019
Government
Andrew Harrer/Bloomberg Finance LP
Senate Confirms Transportation Nominations
Andrew Harrer/Bloomberg Finance LP
Moments before bringing the 115th session of Congress to a close, the U.S. Senate on Jan. 2 easily confirmed the nominations of Martin Oberman and Patrick Fuchs for posts on the Surface Transportation Board.
January 4, 2019Pages
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