The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end consumer spending, the government said,
Category: News
Court Nixes Teamsters’ WARN Claims Against Yellow
Judge Craig Goldblatt on Feb. 26 found Yellow to be a “liquidating fiduciary,” rather than an employer, at the time it laid off the unionized employees.
Doug Ford Re-Elected as Ontario’s Premier
Ontario Premier Doug Ford won re-election to lead Canada’s most populous province on Feb. 27, giving him the mandate he wanted to fight tariffs threatened by U.S. President Donald Trump.
Consumer Spending Falls as Inflation Indicator Rises
The Federal Reserve’s preferred measure of underlying inflation rose at a mild pace in January, while consumers pulled back on spending.
As Tariffs Loom, US Imports More Food Than Ever
The United States, known for being a global agriculture powerhouse, has never imported more food than it is right now. And its agricultural exports are falling.
Tesla Targets Waymo, Uber in California Ride-Hail Bid
Tesla is seeking approval to offer ride-hailing services in California, a key step by Elon Musk’s company to begin carrying paying customers while its traditional business falters.
Pipeline Safety Agency’s Senior Leaders Exit Amid Trump Push
Several senior executives at a key government regulatory body responsible for overseeing safety of the pipeline system will depart in the next three months, according to a memo.
Senate Panels OK Bradbury for DOT, Chavez-DeRemer for Labor
A Senate panel recently gave approval to the nomination of Steven Bradbury to help lead the Department of Transportation as deputy secretary. The vote was 15-13 along party lines.
Auto Haulers Eye Initial Jack Cooper Tailwind in Weak Market
The collapse of auto hauler Jack Cooper Transport is expected to provide an initial tailwind for other carriers in the sector, and possibly stimulate some appetite for mergers.
Stakeholders Urge Congress to Take Action on Cargo Theft
A stakeholder representing ATA on Feb. 27 shared with a Senate panel ongoing industry concerns associated with an increase in cargo theft afflicting the nation’s supply chain.