For those motor carriers seeking to begin or continue their fleet conversions to electric trucks, new federal legislation will offer significant financial assistance.
August 23, 2022Search
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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.
Business Activity Contracts for Second Straight Month
U.S. business activity contracted for a second straight month in August, reflecting softer demand at both manufacturers and service providers and adding to concerns about the health of the overall economy.
August 23, 2022Gas Prices Fall for 70 Straight Days
Gasoline prices in the U.S. have fallen for 70 days straight, the longest down streak since January 2015.
August 23, 2022Regional Variance Produces Tiny Drop in Diesel’s National Average
The price of diesel may be showing signs of leveling off after falling again for the ninth consecutive week, but by just two-tenths of a cent, thanks to noticeable regional disparities.
August 22, 2022New York Turns to Ships to Head Off Gas Shortage
New York gasoline inventories are so low that suppliers are resorting to expensive U.S. vessels to move fuel into the region and allay the potential for shortages.
August 22, 2022VW, Mercedes Line Up Tariff-Friendly Battery Supplies in Deal With Canada
Volkswagen AG and Mercedes-Benz Group AG have sealed agreements with Canada to secure access to raw materials such as nickel, cobalt and lithium for battery production, according to people familiar with the accords.
August 22, 2022House Transportation Leaders Eye FCC’s 5.9 GHz Spectrum
U.S. House Transportation leaders recently pressed the Federal Communications Commission to open access to a band of communications spectrum set aside for safety operations for transportation entities.
August 22, 2022Iowa County to Oppose CP-KCS Merger
Supervisors in Scott County, Iowa, plan to pen a letter opposing the merger of two North American rail companies that’s expected to drastically increase train traffic along the Mississippi River there.
August 22, 2022Wanted: 7,000 Construction Workers for Intel Chip Plants
JOHNSTOWN, Ohio — Ohio’s largest-ever economic development project comes with a big employment challenge: how to find 7,000 construction workers in an already booming building environment when there’s also a national shortage of people working in the trades.
August 22, 2022Port of L.A. Breaks Another Monthly Cargo Record
The Port of Los Angeles had its best-ever July, officials announced Aug. 17, outpacing the same month last year, which was the previous record, by 5%.
August 19, 2022