Analysts are betting that further market-share gains and increased profit contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.
December 18, 2024Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
US Housing Starts Fall to Slowest Pace Since July
Housing starts decreased 1.8% to an annualized rate of 1.29 million, the slowest since July, according to government data released Dec. 18. The metric can help project the flatbed sector.
December 18, 2024Ethanol Industry Nears Win for Year-Round E15 Access
Ethanol makers and corn growers have fought for more than a decade to expand access to E15 amid fierce opposition from oil refining states. That opposition has eased some with the rise of EVs.
December 18, 2024Biden’s EPA Approves California’s Gasoline Car Ban by 2035
The action threatens to complicate Trump's vow to "terminate" EV mandates, keeping pressure on automakers to comply with California’s requirements, potentially for years to come.
December 18, 2024USDOT Awards $139M in High-Tech Transportation Grants
The U.S. Department of Transportation awarded $139 million in SMARTÂ Program grants on Dec. 16 to 42 states for high-tech projects to improve efficiency and safety.
December 18, 2024Sam Graves Tapped Again for Key Infrastructure Role
The congressman received a green light from the House Steering Committee in the form of a waiver that allows him to extend his chairmanship beyond the traditional three-term limit.
December 18, 2024Lawmakers Agree to More Than $100 Billion in Disaster Relief
Congress reached agreement on more than $100 billion in emergency relief funding for victims of a series of disasters, including hurricanes Helene and Milton and the Baltimore bridge collapse.
December 18, 2024Nissan and Honda Consider Merger to Take on Toyota
Honda Motor Co. and Nissan Motor Co. are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota Motor Corp.
December 18, 2024Fleets’ Fuel Efficiency Rose in 2023, 2022: NACFE Study
Based on data from some of the North American freight industry’s largest carriers, fleet-wide fuel efficiency averaged 7.77 mpg in 2023, compared with 7.62 mpg in 2022.
December 18, 2024Energy Chief Granholm Warns Against 'Unfettered' LNG Exports
WASHINGTON — The United States should proceed cautiously as officials consider new natural gas export terminals, Energy Secretary Jennifer Granholm said Dec. 17.
December 17, 2024