Total airline employment fell by 27,659 jobs month over month combined between part-time and full-time roles, dropping to 1.04 million workers in December.
The $4.8 billion bridge project is scheduled to open sometime in 2026, with major construction having already wrapped up, and testing already underway.
Trump's tariffs last year represented the largest U.S. tax increase as a percent of GDP since 1993, while the current average effective tariff rate of 10% is the highest since 1946.
Policy uncertainty fueled by U.S. "Liberation Day" tariffs weakened retail momentum through Q2 and Q3, before conditions leveled out as tariffs eased late in the year.
The combined cost of the five most popular Valentine's Day gifts has risen from $512 in 2016 to $744 in 2026, including a 236% increase in the average cost of a box of chocolates.
While reopening the vital trade route is generally viewed as a positive for the freight industry, it could also have some other unintended impacts on freight rates.
With all the fancy predictive analytics that firms have adopted in recent years, why are they still slow to respond once they know a disruption is coming down the line?
The increase in shipper spending marked the first year-over-year bump in three years, underscoring how tightening capacity has been driving rates higher across the trucking market.