Afternoon Coffee: Trucking Industry Pushes For Lower Driving Age, Apple Works With Suppliers in China on Green Energy

coffee and laptop

The trucking industry is facing a significant labor shortage, and trucking companies are urging Congress to lower the minimum age at which people can become truck drivers. Currently, a person must be 21 years old to haul freight across state lines, but the industry wants to lower that to 18.

Apple is creating a more green supply chain in China. The tech company said it will build 200 megawatts of solar projects in China and work with its suppliers in the country to become more energy efficient.

US leading economic indicators in September fell at the most dramatic rate in seven months, the Conference Board reported today. The economic outlook for the next three to six months dropped 0.2% and four of the 10 indicators experienced a decline.  

Oil prices fell again this week after the U.S. Energy Information Administration reported Wednesday inventories increased 8 million barrels. The falling oil prices has the International Monetary Fund suggesting foreign countries that are major oil exporters adjust government spending plans, as economic growth will likely fall in the next year.

SIGN UP for the Spend Matters newsletter Dirty Rotten Spendrels

 

Discuss this:

Your email address will not be published. Required fields are marked *