The national average diesel price continued its steady descent, shedding 4.8 cents to reach $3.828 a gallon, according to Energy Information Administration data released Jan. 8.
January 8, 2024Search
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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.
Shipping Shows Signs of Panic as Houthis Menace Trade Lane
Container shipping is set to face a crunch ahead of the Lunar New Year holiday as Houthi attacks in the Red Sea restrict capacity, a major industry consultant said.
January 8, 2024Driverless Truck Companies Hoping to Ditch Human Copilots
Driverless trucks with no humans on board will soon cruise Texas highways if three firms have their way despite objections from critics who say finances, not safety, is behind the timetable.
January 5, 2024Economic Strength Persists With 216,000 New Jobs in December
The nations employers added a robust 216,000 jobs in December 2023, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.
January 5, 2024Maersk Extends Red Sea Diversion and Warns Risk Will Persist
A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea for the foreseeable future after pausing transits earlier this week to assess the situation.
January 5, 2024Senate to Consider NTSB Nominations
Confirmation votes for National Transportation Safety Board nominees J. Todd Inman and Alvin Brown are on the Senates radar.
January 5, 2024Secretary Buttigieg to Headline Annual TRB Conference
Transportation Secretary Pete Buttigieg is among the senior officials headlining the Transportation Research Board meeting this year.
January 4, 2024Oils Ample Supply Has Analysts Seeing Tough Year for Crude
Supply is back in the drivers seat for global crude markets, as rising production from non-OPEC+ nations including the U.S. may outstrip global demand thats growing at a slower pace.
January 4, 2024Spot Container Shipping Rates Soar 173% on Red Sea Threats
Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea.
January 4, 2024State Group Sues Biden Administration Over Emissions Rules
A consortium of 21 states has filed a federal lawsuit claiming that President Joe Biden and his administration have overstepped their authority in taking steps to regulate greenhouse gas emissions.
January 3, 2024