Auto Sales Fell 8% in 2022 Amid Supply Chain Struggles
Shortages of computer chips and other parts continued to hobble the U.S. auto industry last year, contributing to vehicle sales dropping 8% from 2021 to their lowest level in more
Labor Data Surprises as Job Market Runs Hotter Than Forecast
Data released Jan. 5 reinforced the strength of the labor market, with hiring at U.S. companies far exceeding expectations and applications for jobless benefits falling to a three-
FHWA Announces $2.1 Billion to Improve Four Large Bridges
President Joe Biden on Jan. 4 visited the worn-out Brent Spence Bridge in Kentucky as part of the administration’s renewed push to highlight the bipartisan infrastructure law.
Amazon to Slash More Than 18,000 Jobs in Escalation of Cuts
Amazon.com Inc. is laying off more than 18,000 employees — the biggest reduction in its history — in the latest sign that a tech-industry slump is deepening.
Biden, McConnell Announce $1.4 Billion Brent Spence Bridge Grant
Efforts to improve the Brent Spence Bridge in northern Kentucky took a step forward on Jan. 4 when President Joe Biden announced a nearly $1.4 billion grant toward the Brent Spence
Torc Announces Collaboration With Foretellix
Torc Robotics, an independent subsidiary of Daimler Truck AG, announced a multiyear strategic collaboration with Foretellix, a provider of verification and validation solutions for
Utility Converts Dealer in Michigan
Utility Trailer Manufacturing Co., announced Royal Truck & Utility Trailer, formally Royal Truck & Trailer, is now the full-service Utility dealer for the state of Michigan
Secretaries Granholm, Buttigieg to Headline 2023 TRB Conference
Biden administration Cabinet secretaries Pete Buttigieg and Jennifer Granholm are headlining this year’s annual meeting of the Transportation Research Board.
Used Class 8 Prices on Edge of Cliff, ACT Reports
The average retail price for a used Class 8 vehicle in November inched higher though sales declined by a few hundred units and mileage rose compared with a year earlier, ACT Resear
Spending on Port Projects Rises
U.S. ports and their private sector partners have ramped up their investments in infrastructure improvements, which ultimately should help trucking companies get their drivers in a