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US Sees Record Oil Production Next Year Moving Even Higher

U.S. oil production will grow even more than the government previously expected as a scorching price rally drives producers to boost drilling.

February 8, 2022

Wave of US LNG Ships Headed to Europe Sends Freight Rates Below Zero

The cost to transport a shipment of U.S. liquefied natural gas to energy-starved Europe turned negative, a dramatic reversal that illustrates a growing glut of ships in the Atlantic ferrying American fuel.

February 8, 2022

US Trade Gap Swells to Record in 2021 on Surge in Imports

The U.S. trade deficit grew in 2021 to the largest on record, reflecting a surge in the value of consumer-goods imports as the pandemic discouraged spending on services and drove more outlays for merchandise.

February 8, 2022

Price of Diesel Soars 10.5¢ a Gallon to $3.951

The national average price for diesel continued its rampage in the new year, surging 10.5 cents to $3.951 a gallon, according to Energy Information Administration data released Feb. 7.

February 7, 2022

Mandates, E-Commerce and Congestion Complicate Truck Parking Issues

Truck parking, which affects everything from driver satisfaction to cargo security, is a top concern for the trucking industry.

February 7, 2022

USPS Says It Could Buy More EVs If Congress Funded It

The U.S. Postal Service said it could buy more electric vehicles if more funding were available, after Biden administration criticism of the agency’s plan to replace its fleet mainly with gas-powered delivery trucks.

February 7, 2022

Biden Task Force Releases Report to Strengthen Labor Unions

A Biden administration task force on organized labor on Feb. 7 issued a set of recommendations that could make it easier for federal workers and contractors to unionize.

February 7, 2022

Illinois Trucking Association Launches Women’s Coalition

The Illinois Trucking Association launched a new coalition aimed at empowering women in the trucking industry.

February 4, 2022

House Passes Bill Promoting Semiconductor Development

The U.S. House of Representatives on Feb. 4 passed an expansive bill that would invest tens of billions in the U.S. tech sector, but Republican objections that it’s too weak on China threaten what Democrats hoped would be a quick election-year win.

February 4, 2022