Driverless trucks with no humans on board will soon cruise Texas highways if three firms have their way despite objections from critics who say finances, not safety, is behind the timetable.
January 5, 2024Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Economic Strength Persists With 216,000 New Jobs in December
The nation’s employers added a robust 216,000 jobs in December 2023, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.
January 5, 2024Maersk Extends Red Sea Diversion and Warns Risk Will Persist
A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea “for the foreseeable future” after pausing transits earlier this week to assess the situation.
January 5, 2024Secretary Buttigieg to Headline Annual TRB Conference
Transportation Secretary Pete Buttigieg is among the senior officials headlining the Transportation Research Board meeting this year.
January 4, 2024Spot Container Shipping Rates Soar 173% on Red Sea Threats
Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea.
January 4, 2024Truck Parking Eyed in Planning for Rest Area Site in Oregon
Planning is underway to revitalize a heavily congested rest area on Mount Hood in Oregon that would include truck parking spaces.
January 3, 2024US Factory Activity Shrinks for 14th Straight Month
A measure of U.S. factory activity remained stuck in contraction territory for a 14th straight month at the end of 2023, restrained by weaker orders.
January 3, 2024Carmakers End 2023 With High Rates, Prices Affecting Sales
U.S. auto sales softened at the end of last year as higher financing costs and near-record prices took their toll on would-be buyers.
January 3, 2024Cummins to Pay $2 Billion Fine After Emissions Probe
Cummins agreed to pay a $2 billion penalty as part of a Department of Justice investigation that determined devices that bypassed emissions sensors had been installed on Cummins engines.
January 2, 2024GM Slams San Francisco in Lawsuit Over $108 Million Tax Bill
General Motors Co. said in a lawsuit that San Francisco unfairly taxed it $108 million over seven years, despite the automaker having very low sales and almost no personnel in the city.
January 2, 2024