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Secretary 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, 2024

Oil’s Ample Supply Has Analysts Seeing Tough Year for Crude

Supply is back in the driver’s seat for global crude markets, as rising production from non-OPEC+ nations including the U.S. may outstrip global demand that’s growing at a slower pace.

January 4, 2024

Spot 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, 2024

State 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

Diesel Prices Eased in 2023 in Lone Bright Spot for Costs

Nationwide on-highway retail diesel prices ended 2023 some 14.5% below where they began the year.

January 3, 2024

Truck Parking Eyed in Planning for Rest Area Site in Oregon

Planning is underway to revitalize a heavily congested rest area on Mount Hood in Oregon that would include truck parking spaces.

January 3, 2024

US Factory Activity Shrinks for 14th Straight Month

A measure of U.S. factory activity remained stuck in contraction territory for a 14th straight month at the end of 2023, restrained by weaker orders.

January 3, 2024

Carmakers End 2023 With High Rates, Prices Affecting Sales

U.S. auto sales softened at the end of last year as higher financing costs and near-record prices took their toll on would-be buyers.

January 3, 2024

Cummins to Pay $2 Billion Fine After Emissions Probe

Cummins agreed to pay a $2 billion penalty as part of a Department of Justice investigation that determined devices that bypassed emissions sensors had been installed on Cummins engines.

January 2, 2024

Diesel Drops 3.8¢ a Gallon to $3.876

The national average diesel price resumed its decline after a one-week increase, slipping 3.8 cents to $3.876 a gallon, according to Energy Information Administration data on Jan. 1.

January 2, 2024