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Updated: 2 hours 41 min ago

Class 8 Truck Orders End Two-Month Positive Streak in March

Wed, 04/03/2024 - 14:11
North American Class 8 truck orders fell year-over-year and from the previous month during March, according to ACT Research.

Five More Implicated in New Orleans Staged Accidents

Wed, 04/03/2024 - 13:35
An ongoing federal investigation into staged accidents with tractor-trailers in the New Orleans area in recent months has implicated five additional participants in the scams that have so far resulted in charges against more than 60 individuals.

Plunging Pickup Truck Sales Threaten Detroit’s Profit Engine

Wed, 04/03/2024 - 13:02
Sales of pricey pickup trucks at Stellantis, Ford and GM faltered in the first quarter, a sign that high borrowing costs are eroding Americans’ appetite for automakers’ main profit driver.

House Passes Supply Chain Shipping Bill

Wed, 04/03/2024 - 13:01
The Ocean Shipping Reform Implementation Act, sponsored by Reps. Dusty Johnson and John Garamendi, was approved on March 21 by a vote of 393 to 24.

TCA Tackles Trucking Challenges, Opportunities

Wed, 04/03/2024 - 11:52
The Truckload Carriers Association tackled the challenges and opportunities facing trucking while also recognizing industry leaders during its annual meeting.

NMFTA Establishes New LTL eBOL Standards

Wed, 04/03/2024 - 11:50
The National Motor Freight Traffic Association announced an update to its electronic bill of lading standards March 26 to help digitize less-than-truckload shipping.

Workers Had Little Warning as Maryland Bridge Collapsed

Wed, 04/03/2024 - 09:41
The deaths of six workers killed in the collapse of the Francis Scott Key Bridge in Baltimore have raised questions about safety precautions.

US Cancels Latest Oil Reserve Refill Plan Amid High Prices

Wed, 04/03/2024 - 09:17
The Biden administration won’t move forward with its latest plans to buy oil for the Strategic Petroleum Reserve amid rising prices.

US Companies Added 184,000 Jobs in March, ADP Data Shows

Wed, 04/03/2024 - 08:59
U.S. companies boosted hiring last month by the most since July in a broad advance and some wage gains accelerated, pointing to solid demand for workers.

Car Shipper Takes $10 Million Hit From Bridge Collapse

Wed, 04/03/2024 - 08:35
Wallenius Wilhelmsen ASA, one of the largest car shipping companies, said it expects a $5 million to $10 million hit to its earnings from the Baltimore bridge disaster.

OPEC+ Sticks With Supply Cuts While Oil Nears $90 a Barrel

Wed, 04/03/2024 - 08:18
OPEC+ chose to stick with oil supply cuts for the first half of the year, keeping global markets tight and potentially sending prices higher.

At Amazon Fresh, Smart Carts Are In, ‘Just Walk Out’ Is Out

Tue, 04/02/2024 - 13:10
NEW YORK — Amazon is removing Just Walk Out technology from its Amazon Fresh stores as part of an effort to revamp the grocery chain.

Toyota, Honda Sales Up as Americans Seek Cheaper Cars

Tue, 04/02/2024 - 12:38
Toyota Motor Corp. and Honda Motor Co. notched big U.S. sales gains and General Motors Co. grew retail deliveries to start the year as demand for lower-priced models help automakers defy expectations for a broad slowdown.

Port of Laredo Cargo Is Big Winner in Biden’s New I-27 Law

Tue, 04/02/2024 - 10:57
Boosting U.S.-Mexico cargo movements through the Port of Laredo will be a key outcome of President Joe Biden’s recent enactment of a new law designating a future Interstate 27.

Rivian Beats EV Production Estimates

Tue, 04/02/2024 - 10:03
Rivian Automotive built and delivered more electric vehicles last quarter than Wall Street expected, giving the automaker a boost as it grapples with production hurdles and heavy costs.

Tesla Sales Fall Way Short of Estimates

Tue, 04/02/2024 - 09:36
Tesla Inc. suffered its first year-over-year sales drop since the early days of the COVID pandemic.

First Vessel Uses Alternate Channel at Baltimore Bridge Site

Tue, 04/02/2024 - 08:56
BALTIMORE — A tugboat pushing a fuel barge was the first vessel to use an alternate channel to bypass the wreckage of Baltimore’s collapsed Francis Scott Key Bridge.

Freight Railroads Must Keep Two-Person Crews

Tue, 04/02/2024 - 08:09
Major freight railroads will have to maintain two-person crews on most routes under a new federal rule that was finalized April 2.

Cargo Ship Owner Seeks $44 Million Liability Limit

Mon, 04/01/2024 - 15:46
The owner of the ship that rammed a bridge in Baltimore, killing six workers and disrupting the eastern U.S. transportation network, is seeking to limit its liability to about $43.7 million.

Diesel Price Falls Back Below $4 a Gallon at $3.996

Mon, 04/01/2024 - 15:41
The national average diesel priced dipped back below $4 a gallon after a 3.8-cent decrease to $3.996, according to Energy Information Administration data released April 1.

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