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A Clouded Outlook for Global Freight

Describing global supply chains as “volatile” for the last two years is an understatement. Glimmers of hope are emerging, but anxiety grows over whether freight volumes can maintain traction amid high inflation and economic uncertainty.

November 4, 2022

Truckers Express Concern as California Lawmakers Seek to Phase Out Diesel Big Rigs

From truckers to railroaders, commenters testifying at an Oct. 27 public hearing and in writing expressed concerns ranging from the cost of new electric trucks to the adequacy of charging infrastructure when California’s proposed Advanced Clean Fleets Regulation takes effect beginning in 2024.

October 28, 2022

Cleveland Matchmaking App for Trucking Raises $4.4 Million

A Cleveland-based startup has a solution to the trucker shortage: matchmaking. Software company Drive My Way lets drivers create profiles where they describe what they’re looking for in a working relationship.

October 28, 2022

APM Terminals Mobile Reports Record Containers Handled for September

APM Terminals Mobile handled a company record number of 20-foot-equivalent containers in September, the port networks operator said Oct. 27.

October 28, 2022

Auto Prices Finally Begin to Creep Down From Inflated Highs

While prices on new and used vehicles remain 30% to 50% above where they were when the pandemic erupted, signs are pointing to many vehicles becoming slightly more affordable.

October 27, 2022

EU to Ban New Combustion Engine Cars as of 2035

The European Union reached a deal to effectively ban new combustion engine cars from 2035, a move that will reshape transportation and mark a significant step on the path to reduce carbon emissions.

October 27, 2022

US Economy Returned to Growth Last Quarter, Expanding 2.6%

The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy’s health has emerged as a paramount issue.

October 27, 2022

Pump Prices Along the East Coast Are Rising on Gasoline Shortage

Gasoline shortages rippling across the East Coast are driving up pump prices from New York to Maine, potentially frustrating the Biden administration’s effort to rein in energy costs ahead of the election.

October 27, 2022

NHTSA Plans Survey, Research to Find Out Why Drivers Speed

With continuing concerns about speeding on the nation’s highways, the National Highway Traffic Safety Administration plans to conduct a survey-research effort to ask 1,500 drivers with one or more recent speeding tickets why they speed — and why others with no violations don’t speed.

October 27, 2022