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US Needs to Guard Exports From Supply Chain Snarls, Envoy Says

U.S. port authorities and ocean carriers, dealing with record import volumes, need to ensure that exports aren’t hindered amid the unprecedented supply chain logjams that aren’t showing clear signs of dissipating, President Joe Biden’s port envoy said.

January 5, 2022

British Freight Lobby Slams ‘Profiteering’ in Container Shipping

The British International Freight Association is calling on the U.K. government to investigate the state of competition within the global container-shipping market, as transportation costs remain elevated heading into the third year of the pandemic.

January 5, 2022

Companies Add Most Jobs in Seven Months

U.S. companies in December added the most jobs in seven months, indicating that more Americans are returning to the labor force and helping employers to fill a near-record number of open positions.

January 5, 2022

A Record 4.5 million Americans Quit Their Jobs in November

A record 4.5 million American workers quit their jobs in November, a sign of confidence and more evidence that the U.S. job market is bouncing back strongly from last year’s coronavirus recession.

January 4, 2022

The Electrification Journey

Electric trucks promise many potential rewards for the freight transportation industry. But the experiences of fleets that have begun to deploy these vehicles illustrate an elaborate set of challenges and considerations associated with electrification.

January 4, 2022

USDOT Recognizes Louisiana’s Anti-Human Trafficking Initiative

Louisiana’s transportation department is among the groups recently recognized by the U.S. Department of Transportation for its anti-human trafficking efforts.

January 4, 2022

Manufacturing Gauge Falls While Price Pressures Ease

A measure of U.S. manufacturing fell short of expectations at the end of 2021, reflecting declines in gauges of delivery times and prices that belie an otherwise solid demand picture.

January 4, 2022

Diesel Dips 0.2¢ in Seventh Straight Decline

The national average price of diesel nudged down two-tenths of a cent to $3.613 a gallon, according to Energy Information Administration data released Jan. 3.

January 3, 2022

US Merchandise-Trade Gap Widens to Record as Imports Surge

The U.S. merchandise-trade deficit widened to a record in November as imports surged to an all-time high. The gap increased to $97.8 billion last month from a revised $83.2 billion in October, according to Commerce Department data released Dec. 29.

December 29, 2021