14 people were injured in a crash involving 12 cars on an interstate in Rhode Island on Tuesday morning. The accident happened on Tuesday morning, March 4th just before 9 a.m. on Interstate 195 in East Providence, Rhode Island. “A tractor-trailer traveling west failed to stop for traffic, colliding with approximately twelve vehicles,” Rhode Island State Police ...more
As tariffs go into effect on American trade partners, one of the nation’s largest trucking trade groups is warning the White House that they could have a devastating impact on the U.S. trucking industry. On March 4, the Trump administration fulfilled its promise to impose 25% tariffs on Mexico and Canada, and an additional 10% ...more
Tariffs Could Raise US Car Prices by Up to $12,000
The cost to build a crossover utility vehicle will rise by at least $4,000, while the increase would be three times that for an electric vehicle. (David Paul Morris/Bloomberg News) Impending tariffs on Canada and Mexico risk driving up U.S. car prices by as much as $12,000, further squeezing consumers and wreaking havoc across the ...more
Tariffs and Rising Costs Challenge US Factories
Producers may be hard-pressed to pass on higher costs should sales continue to weaken. (Emily Elconin/Bloomberg News) U.S. factory activity last month edged closer to stagnation as orders and employment contracted, while a gauge of prices paid for materials surged to the highest since June 2022. The Institute for Supply Management’s manufacturing index slipped by ...more
Kroger CEO Rodney McMullen Resigns Following Ethics Inquiry
McMullen served as Kroger’s CEO for more than a decade. (Jeenah Moon/Bloomberg News) Kroger Co. replaced CEO Rodney McMullen following an investigation into his personal conduct, which the U.S. supermarket chain said was unrelated to the company’s financial performance and didn’t involve Kroger employees. Lead director Ron Sargent, 69, was named chairman and interim CEO ...more
Albertsons Names New CEO Following Failed Deal With Kroger
An Albertsons store in Texas. (Shelby Tauber/Bloomberg News) Both top U.S. grocery operators are moving on from their respective CEOs only months after a proposed deal to combine their operations was blocked by a federal judge. Albertsons Cos., the second-largest U.S. grocery operator, said in a statement that Chief Operations Officer Susan Morris, 56, will ...more
Diesel Price Sheds 6.2¢ to $3.635 a Gallon
Semi trucks take on fuel at a truck stop in Texas. The Gulf Coast had the biggest price decrease among the five PADD districts at 7.7 cents a gallon. (THEPALMER/Getty Images) The national average diesel price swung down 6.2 cents after four straight weeks of modest gains to settle at $3.635 a gallon, according to ...more
Pennsylvania’s Red Light Camera Fines to Fund 31 Projects
A red light camera in Philadelphia. (Philadelphia Parking Authority via YouTube) The Pennsylvania Department of Transportation will allocate $20.4 million in funding generated from red light camera fines in the Philadelphia area to pay for 31 road safety projects across 25 municipalities. Transportation Secretary Mike Carroll on Feb. 26 announced a slate of winning projects ...more
Chipmaker TSMC Increases US Investment, Trump Says
TSMC had already begun constructing three plants in Arizona after the Biden administration offered billions in subsidies. Wei said the new investment will be for three more chip manufacturing plants along with two packaging facilities. (TSMC) WASHINGTON — Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, President Donald ...more
Congressional Policymakers Push for More Truck Parking Aid
A Knight-Swift truck in a parking lot in Fairfax, Va. (Aaron Perryman/Transport Topics) A bill meant to improve transportation safety by increasing access to truck parking was recently introduced in the U.S. House of Representatives. House transportation policymakers again are seeking support from colleagues on their consistent effort to tackle the nation’s insufficient parking capacity ...more