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Biden Says More Oil Releases Possible to Cut Gas Prices

Author: Jenny Leonard and Ari Natter - Published 2022-10-19 16:10 - (138 Reads)

President Joe Biden announced the drawdown of an additional 15 million barrels of oil from U.S. emergency reserves, as well as what he called a “ready and release plan” aimed at driving down gasoline prices.

Logistics real estate market moderating, but rents going higher

Author: Todd Maiden - Published 2022-10-19 15:56 - (97 Reads)

Logistics warehouse operator Prologis lowered expectations for 2022 but remains confident that any macro-induced decline in fundamentals won’t keep rents from growing again next year.

Federal Grants Provide Lifeline to Rural Bridge Assessments

Author: Noël Fletcher - Published 2022-10-19 15:38 - (129 Reads)

Rural bridges that carry freight are among this year’s winners of $18.4 million in federal grants awarded to states evaluating whether to refurbish aging ones or build new spans.

CTA wants hard CRA enforcement on Driver Inc.

Author: Leo Barros - Published 2022-10-19 14:20 - (114 Reads)

The Canadian Trucking Alliance (CTA) wants Canada Revenue Agency (CRA) enforcement against Driver Inc. to escalate dramatically. CTA president Stephen Laskowski told TruckNews.com that it is time for hard, fast, national enforcement from a tax, and labor code perspective. Driver Inc. is a business model using employee misclassification where they register as companies, allowing trucking …