The pandemic has changed the nature of global supply chains with companies seeking to source goods from multiple places to minimize shipment and production disruptions.
June 21, 2022Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Tonnage Jumps 3.7% in May
Truck tonnage jumped 3.7% in May compared with year-ago levels, marking the ninth consecutive year-over-year gain and the largest since April 2021, American Trucking Associations announced.
June 21, 2022US Sanctions Help China Supercharge Its Chipmaking Industry
China’s chip industry is growing faster than anywhere else in the world, after U.S. sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home-grown components.
June 21, 2022Perspective: Repeal FET to Boost Green Buying
A question to ask the decision-makers in Washington: If the goal is to get more cleaner, greener trucks on the road, why does the federal government keep the 12% federal excise tax on the sale of a new truck?
June 21, 2022Biden Says Decision on Gas Tax Holiday May Come This Week
REHOBOTH BEACH, Del. — President Joe Biden said June 20 that he will decide by the end of the week whether he would support a federal gasoline tax holiday, possibly saving U.S. consumers as much as 18.4 cents a gallon.
June 20, 2022Fertilizer Stockpiles Swell, Easing Harvest Worries
The fertilizer shortage that threw the agricultural sector into disarray and pushed food costs higher globally may be fading.
June 17, 2022Factory Output Surprises With First Decline in Four Months
U.S. factory production unexpectedly declined in May for the first time in four months, restrained by supply challenges and hints of cooler demand for some big-ticket consumer goods.
June 17, 2022White House Weighs Fuel Export Limits as Pump Prices Surge
Top Biden administration officials are weighing limits on exports of fuel as the White House struggles to contain gasoline prices that have topped $5 per gallon.
June 16, 2022House Leaders Schedule Hearings for Fiscal 2023 Transportation Funding Bill
Legislation that would fund the U.S. Department of Transportation’s operations through fiscal 2023 will be considered in committee this month in the U.S. House of Representatives.
June 16, 2022Ontario Faces Challenges Enforcing Speed Limiter Law
Challenges in Ontario, Canada, to enforce a truck speed limiter law could portend those that U.S. trucking regulators may face if they implement a speed limiter supplemental proposed rule next year.
June 16, 2022