Afternoon Coffee: USMCA Faces House Shift, Possible GOP Vote; Is Thanksgiving Curbing Truckers?

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Lawmakers still must approve the NAFTA replacement trade policy called USMCA, and with Democrats taking control of the U.S. House next year, some current GOP representatives have suggested holding a vote before losing power, CNBC reports.

Drivers Taking Off for Turkey Day?

Trucking demand is up and prices have risen too, but drivers are scarce, Supply Chain Dive reports, with one of its sources saying that drivers may be taking time off to be with family for Thanksgiving despite the demand.

Renault, Nissan Grapple with Exec Arrest

The auto group that includes Renault and Nissan is dealing with the fallout of its chairman, Carlos Ghosn, being arrested in Japan on charges of financial misreporting, The Wall Street Journal reports. It has named interim leaders and hopes to get more information on the case, which involves stock-related pay at Nissan, the WSJ reports.

Tech Stocks Rally

And finally, an update on stocks: After a rocky period, tech stocks surged Wednesday as the markets rallied, Bloomberg News reports.

Happy Thanksgiving!

Spend Matters' Afternoon Coffee will be taking off for Thanksgiving and resuming Monday. Thanks for reading and happy holiday!

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