Powell: Tariff Impact on Prices Still Unclear
“The question is, who’s going to pay for the tariffs?” Powell said in response to a question during his testimony. (Al Drago/Bloomberg) Federal Reserve Chair Jerome Powell on June 25 said the U.S. central bank is still struggling to determine the impact of tariffs on consumer prices. “The question is, ...more
Norfolk Southern CEO Promises to Keep Improving Safety
A Norfolk Southern train in Pennsylvania. (Gene J. Puskar/Associated Press) OMAHA, Neb. — Norfolk Southern's CEO pledged to continue working ...more
Court Approves Timeline for Sale of Yellow Terminals
Yellow owned about 12,700 tractors and 42,000 trailers at the end of the second quarter of 2023, according to company ...more
Quantron to Bring Hydrogen Fuel Cell Trucks to Europe, US
Quantron plans to begin producing a Class 8 fuel cell electric tractor in the United States next year and has ...more
Analysts: Diesel Price Augurs Carrier Casualty Acceleration
Stifel Associate Vice President Bruce Chan said Sept. 12 that higher fuel prices are likely to mean the loss of ...more
Biden Sends Top Aides to Detroit to Help With Auto Strike
President Joe Biden speaks about the auto workers strike from the Roosevelt Room of the White House on Sept. 15. ...more
Port of Long Beach’s Hacegaba Sees Better Days Ahead in 2024
The Port of Long Beach is in the midst of a 10-year, $2.2 billion capital improvement program, (Lauren Justice/Bloomberg News) ...more