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LNG Shipping Rates Dip on Lower Demand Despite Red Sea Chaos

It’s getting cheaper — at least for now — to rent a liquefied natural gas tanker despite turmoil in the Red Sea that is forcing some vessels to take longer and more costly routes.

December 20, 2023

Toyota Unit Daihatsu Suspends Shipments Over Safety Cheating

Toyota Motor Corp. said Dec. 20 its subsidiary Daihatsu will suspend shipments of all its vehicles in a safety scandal after an investigation found improper testing involving 64 models.

December 20, 2023

ATRI: California’s Zero-Emission Goal Comes at High Cost

California’s race to have near-total-zero-emission passenger vehicles and heavy trucks will result in a greater need for electricity at higher prices, an ATRI report says.

December 19, 2023

Red Sea Chaos Has Shippers Bracing for Weeks Without Route

The global shipping industry is bracing for the prospect of living without its most important trade route for weeks.

December 19, 2023

On Regulation Front, 2023 Was a Year of Wins and Losses

Over the last 12 months, Department of Transportation officials have been claiming safety gains, billions of federal dollars for infrastructure improvements, and more.

December 19, 2023

Rivian Chooses Construction Firm for Georgia EV Factory

Electric vehicle startup Rivian announced Dec. 19 it has chosen the construction firm to build its planned $5 billion factory an hour east of Atlanta.

December 19, 2023

White House Backs Effort to Standardize Tesla Charging Plugs

The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States.

December 19, 2023

Maersk Sails South of Africa to Avoid Red Sea Conflict Area

Shipping giant A.P. Moller-Maersk A/S will redirect its vessels to sail south of Africa to avoid the Red Sea conflict area where Houthi militants have attacked several ships.

December 19, 2023

Diesel Falls to Its Lowest Price Since Mid-July

Diesel prices shed nearly another dime in the eighth consecutive weekly decline of the national average, the Energy Information Administration reported Dec. 18.

December 18, 2023