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Government, Business, Logistics, TCA

Georgia Ports Authority OKs $205 Million for Savannah Expansion

A containership operated by Cosco moves toward the Port of Savannah's Garden City Terminal in May 2017. A containership operated by Cosco moves toward the Port of Savannah's Garden City Terminal in May 2017. (J. Scott Trubey/The Atlanta Journal-Constitution)

The board of the Georgia Ports Authority voted March 29 to spend $205 million to expand the Savannah facility, adding to $100 million authorized several months ago.

Michael E. Kanell | The Atlanta Journal-Constitution
March 30, 2021
Government, Business, Safety

Truck Parking Legislation Introduced in US House

trucks parked Trucks parked at a truck stop. (Peggy Smith/Transport Topics)

A bill designed to facilitate access to parking around the country for commercial vehicles was recently introduced in the U.S. House of Representatives.

Eugene Mulero | Senior Reporter
March 30, 2021
Government, Business

Infrastructure Plan Could Include $3 Trillion in Tax Increases

President Joe Biden speaks during an event at the White House campus on March 29. (Evan Vucci/Associated Press) President Joe Biden speaks during an event at the White House campus on March 29. (Evan Vucci/Associated Press)

President Joe Biden is aiming for summer passage of an infrastructure plan that is expected to cost more than $3 trillion, and the White House hopes to take a more deliberate and collaborative approach with the contentious Congress than it did on the COVID-19 rescue package, officials said.

March 30, 2021
Government, Business, Equipment, Safety

Truckers Speak Out at CARB Workshop on Tough Smog Test Proposal

CARB Traffic on Interstate 5 in Sacramento, Calif. (Max Whittaker/Bloomberg News)

California environmental regulators gave motor carriers a look at a tweaked heavy-duty vehicle smog inspection and maintenance program proposal that will require motor carriers to “smog test” their fleets quarterly, rather than current requirements for an annual inspection.

Eric Miller | Senior Reporter
March 30, 2021
Government, Business

US Consumer Confidence Surges to One-Year High on Job Optimism

Shoppers walk inside the Westfield San Francisco Centre shopping mall on March 9. (David Paul Morris/Bloomberg News) Shoppers walk inside the Westfield San Francisco Centre shopping mall on March 9. (David Paul Morris/Bloomberg News)

U.S. consumer confidence rose in March to a one-year high as Americans grew more upbeat about the economy and labor market, a sign that household spending may pick up more broadly in the coming months.

Payne Lubbers | Bloomberg News
March 30, 2021
Government, Business, Logistics

Port of Baltimore Dredging, Expansion Seen as Boon to Economy

Dredging at Port of Baltimore Seagirt Marine Terminal Workers look on as a crane dumps sludge dredged from the Chesapeake Bay Navigation Channel at Port of Baltimore's Seagirt Marine Terminal. (Dan Ronan/Transport Topics)

Port of Baltimore officials say with the vast jump in imported cargo and tens of millions of dollars in infrastructure improvements, the sprawling facility on the Chesapeake Bay will see rapid growth the next several years.

March 30, 2021
Government, Business, Fuel

Daimler’s Legal Risks Around Emissions Linger Ahead of Revamp

Mercedes-Benz logo. (Krisztian Bocsi/Bloomberg News) Krisztian Bocsi/Bloomberg News

Daimler AG shares have soared since the pandemic forced the Mercedes-Benz maker to postpone its annual shareholders’ meeting around this time a year ago. Its chairman’s swan song still will hit some low notes.

Christoph Rauwald | Bloomberg News
March 30, 2021
Government, Business, Logistics

Conversation Begins About Who Will Pay for Suez Canal Crisis

Tug boats pull the Ever Given containership along the Suez Canal on March 29. Tug boats pull the Ever Given containership along the Suez Canal after dislodgement on March 29. (Islam Safwat/Bloomberg News)

The Suez Canal may be open again, but the battle over damages from the waterway’s longest closure in almost half a century is just beginning.

March 30, 2021
Government, Fuel

Diesel Drops 3.3¢ for First Decline in 21 Weeks

Trucks at a Love's Travel Stop The national average price of diesel dropped for the first time since a 1.3-cent decline Nov.2. (John Sommers II for Transport Topics)

The national average price of a gallon of diesel dropped 3.3 cents to $3.161 a gallon, the first decline since Nov. 2, 2020.

March 29, 2021
Government, Business, Fuel, Logistics

Oil Rises for Second Day With Focus Moving Toward OPEC+ Meeting

A crude oil tanker sails through the Persian Gulf. (Ali Mohammadi/Bloomberg News) Ali Mohammadi/Bloomberg News

Oil climbed to the highest in almost two weeks as traders looked ahead to this week’s OPEC+ meeting with speculation that renewed demand concerns will spur the group to keep production in check.

March 29, 2021

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