“Broadly speaking, freight demand trends are gradually improving,” said Carter Vieth, research associate at ACT Research.
December 5, 2024Search
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Ryder Truck Rental Growth Hints at Freight Market Recovery
Truck rental utilization is a key performance indicator for the fortunes of Ryder’s biggest business unit and for the health of the freight market in general, CEO Robert Sanchez said.
December 5, 2024Hydrogen-Powered Hyundai Trucks Hit the Road in Georgia
Hyundai announced Dec. 4 it deployed 21 of its Xcient hydrogen fuel cell electric trucks in Georgia to ferry supplies between the ports and the automaker’s newly opened $7.6 billion EV factory.
December 5, 2024Class 8 Truck Orders Stumble Again in November
North American Class 8 truck orders in November continued to trend below year-ago levels, according to ACT Research.
December 5, 2024Waymo Unveils Plan to Bring Its Robotaxi Service to Miami
Waymo is gearing up to bring its robotaxi service to Miami, which will accelerate an expansion that’s been happening while its hobbled rivals remain in its rearview mirror.
December 5, 2024FMCSA Adds Four Crash Types to Non-Preventable List
The addition brings to 21 the total number of crash types included in the program, according to a Dec. 3 announcement from FMCSA.
December 5, 2024Canada Trade Surplus With US Narrows as Tariff Fight Looms
Canada’s trade surplus with the U.S. helped avoid a deeper deficit, underscoring the importance of its biggest trading partner as President-elect Donald Trump threatens hefty tariffs.
December 5, 2024Members of OPEC+ Postpone Production Increases
FRANKFURT, Germany — Eight members of OPEC+ decided Dec. 5 to put off increasing oil production as they face weaker than expected demand and competing production from non-allied countries.
December 5, 2024Port Operators Threaten to Halt Talks Over Automation Issue
Operators of East and Gulf Coast port terminals said they won’t continue bargaining with union dockworkers if it means giving up their right to invest in semi-automated cargo handling equipment.
December 5, 2024House and Senate Finalize Water Infrastructure Package
Transportation policymakers on Capitol Hill finalized a comprehensive water infrastructure legislative package, paving the way for its end-of-the-year passage.
December 4, 2024