Consumer confidence fell in May as Americans became more pessimistic about the labor market, on top of elevated anxiety over inflation.
May 30, 2023Search
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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.
Midwest Governors Urge EPA to Revise Biodiesel Volumes
Three Midwest governors urged the Environmental Protection Agency to revise its biodiesel volumes to encourage lower-cost fuel, support farmers and help decarbonize transportation.
May 26, 2023FullStack Modular Moves to Connecticut From Brooklyn
Connecticut will be home to building manufacturer FullStack Modular as its headquarters moves from New York’s Brooklyn Navy Yard to Gateway Terminal at the Port of New Haven.
May 26, 2023Key Inflation Measure Increases in April
WASHINGTON — A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high.
May 26, 2023Ford EV Owners to Get Access to Tesla Supercharger Network
DETROIT — All of Ford Motor Co.’s current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the U.S. and Canada starting next spring.
May 26, 2023Hyundai, LG to Build EV Battery Plant in Georgia
ATLANTA — Hyundai Motor Group and LG Energy Solution announced May 25 they will build a $4.3 billion electric battery plant as part of Hyundai’s new EV assembly plant in southeast Georgia.
May 26, 2023Missouri Might Gain an East-West Interstate Highway
JEFFERSON CITY, Mo. — Missouri lawmakers approved $2.5 million to study the conversion of U.S. Route 36 into Interstate 72 between Hannibal in the east and St. Joseph in the west.
May 25, 2023Coalition for Independent Truckers to Defend Contractor Model
A trade group representing independent contractors has begun a program to recruit independent drivers to serve as “ambassadors” to educate lawmakers about their importance.
May 25, 2023Nearshoring Trend Escalates for US Companies
The turn toward nearshoring escalated this year, a trend that saw renewed interest during the coronavirus pandemic.
May 25, 2023TuSimple to Cut 151 Jobs at San Diego Headquarters
Self-driving truck company TuSimple Holdings has disclosed more details about plans to reduce its workforce by 30% — including that it will eliminate 151 jobs in San Diego.
May 25, 2023