The Atlantic is poised for its seventh consecutive overactive hurricane season, a worrying forecast for coastal residents as well as energy and commodity markets already roiled by Russia’s war in Ukraine.
May 24, 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.
Recession Might Be Only Way Diesel Costs Will Drop
When industry pays more for diesel, it passes along the higher cost to customers and the financial pain ripples through the economy, driving inflation and squeezing everyday consumers. The only way out may be a painful one.
May 24, 2022Gender Bias, Harassment in Industry Still a Concern, Report Says
A new report and survey conducted by the Women In Trucking Association showed that most women regard the industry as safe, but many report they have been the recipients of verbally offensive comments, verbal threats and abuse in recent years.
May 24, 2022Tonnage Up 1.8% in April Compared With 2021
Truck tonnage in April increased on an annual basis but declined compared with March, American Trucking Associations reported.
May 26, 2022Traffic at NYC-Area Bridges, Tunnels Hits Pre-Pandemic Levels
Traffic at the Port Authority of New York and New Jersey’s bridges and tunnels has returned to pre-pandemic levels, partly due to changes in traveling habits, said Rick Cotton, the agency’s executive director.
May 24, 2022Diesel Price Slips 4.2¢ to $5.571 a Gallon
The national average price of diesel dipped for the second week in a row, down this week by 4.2 cents to $5.571 a gallon from $5.613, the Energy Information Administration reported May 23.
May 26, 2022Biden Calls South Korean Chip Plant a Model for Deeper Ties to Asia
PYEONGTAEK, South Korea — President Joe Biden opened a trip to Asia May 20 by touring a South Korean computer chip factory that will be the model for another plant in Texas, offering it as a way to deepen ties with the Indo Pacific and fuel technological innovation and foster vibrant democracies.
May 20, 2022Hyundai Announces $5.5 Billion EV Plant in Georgia
ELLABELL, Ga. — Hyundai Motor Group confirmed May 20 the company will spend $5.5 billion on a huge electric vehicle plant near Savannah that will employ thousands — a deal Georgia’s governor called the largest economic development project in the state’s history.
May 20, 2022Groups Urge Cautious Approach With EPA NOx Proposal
Transportation groups expressed general support for the goal of reducing nitrogen oxides emissions in comments filed with federal regulators regarding a proposal to set stricter NOx limits for trucks, but cautioned against an overly aggressive approach that could be harmful to motor carriers’ operations and ability to serve the public.
May 19, 2022House Passes Fuel Price Gouging Bill
Legislation that aims to expand federal provisions against price gouging in the marketplace for gasoline and other fuels passed in the U.S. House of Representatives on May 19.
May 19, 2022