20 Jul Infrastructure Deal in Peril as GOP Threatens Filibuster WASHINGTON — The bipartisan infrastructure deal senators brokered with President Joe Biden is hanging precariously ahead of a crucial July 21 test vote as senators struggle over how to pay for nearly $1 trillion in public works spending. Read more...
20 Jul Chip Relief on Horizon for Vehicle Makers Biden administration officials say they’re starting to see signs of relief for the global semiconductor supply shortage, including commitments from manufacturers to make more automotive-grade chips for car companies that have had to idle production. Read more...
20 Jul Driver Shortage Linked to Lifestyle Considerations, Costello Says The persistent truck driver shortage is a complicated issue that is tied in part to quality-of-life considerations, according to American Trucking Associations Chief Economist Bob Costello. Read more...
20 Jul J.B. Hunt Reports $2.91B Revenue for Q2 J.B. Hunt Transport Services Inc. reported gains in profit and revenue for the second quarter of 2021. Read more...
20 Jul DeFazio Blasts Bipartisan Senate Infrastructure Plan Rep. Peter DeFazio, the Democratic chairman of the House Transportation and Infrastructure Committee, blasted the Senate’s bipartisan infrastructure deal, saying there are “extraordinary deficiencies” in the plan that is backed by President Joe Biden. Read more...
20 Jul BHP Mulls Oil Exit in Retreat From Fossil Fuels BHP Group is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from fossil fuels, according to people familiar with the matter. Read more...
20 Jul Truck Tonnage Rises Slightly in June Truck tonnage in June inched up 0.5% compared with year-ago levels, a slowdown compared with recent months amid a tempering of freight activity nationwide, according to American Trucking Associations’ For-Hire Truck Tonnage Index. Read more...
20 Jul World’s Road Fuel Demand to Peak Earlier Than Expected Demand for gasoline and diesel to fuel cars and trucks will peak in 2027 — four years earlier than expected — as more fuel-efficient autos and increasing adoption of electric vehicles curb global consumption, according to BloombergNEF. Read more...
20 Jul New Cybersecurity Order Issued for US Pipeline Operators WASHINGTON — The Department of Homeland Security on July 20 announced new requirements for U.S. pipeline operators to bolster cybersecurity following a May ransomware attack that disrupted gas delivery across the East Coast. Read more...
20 Jul Georgia Port Chief Sees US Import Surge ‘Easily’ Lasting Into 2022 The head of one of the largest U.S. gateways for trade said robust demand for imported goods likely will be sustained into 2022 as companies scramble to rebuild stockpiles during an uneven rebound from the pandemic. Read more...