U.S. oil demand growth is forecast to plateau this year, in the latest bearish indicator for the market, according to the Energy Information Administration.
September 10, 2024Search
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TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Â
DOE Studying ‘Soft’ Costs to Deploy EV Charging
The U.S. Department of Energy is studying so-called soft costs of deploying EV charging infrastructure that sometimes are overlooked but can be higher than the basic buildout costs.
September 10, 2024VW Scraps German Jobs Guarantee to Cut Costs
Volkswagen is ending job protections for auto workers in Germany as part of its cost-cutting push, setting up a showdown with unions.
September 10, 2024UPS to Acquire German Cold Chain Company
UPS is acquiring a German firm that specializes in temperature-sensitive shipping to expand its health care logistics capabilities in Europe, the company announced Sept. 10.
September 10, 2024UPS to Lay Off More Employees to Boost Profitability
UPS Inc. is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management ranks.
September 10, 2024Most Households Accept East Palestine Derailment Settlement
Very few people who live near the East Palestine, Ohio, train derailment opted out of a $600 million class action settlement.
September 10, 2024World’s Top Oil Traders See Boom Years Fade
The world’s top commodity merchants are grappling with a tougher environment for trading oil as seismic market events of the past few years start to lose their impact.
September 10, 2024MSC CEO Soren Toft Rules Out New Shipping Alliance
MSC Mediterranean Shipping Co. plans to brave volatile shipping markets on its own, ruling out a new alliance just months before its partnership with A.P. Moller-Maersk A/S ends.
September 10, 2024Diesel Price Sheds 7¢ to $3.555 a Gallon
The national average diesel price continued its downward trend, dropping 7 cents to $3.555 per gallon, according to U.S. Energy Information Administration data released Sept. 9.
September 9, 2024Jury Issues $462 Million Verdict Against Wabash After Crash
Wabash National Corp. said it is reviewing its legal options after a jury handed down $462 million in damages against the trailer manufacturer after a fatal crash.
September 9, 2024