The value of retail purchases, not adjusted for inflation, increased 0.7% after upward revisions to the prior two months, Commerce Department data showed Dec. 17.
December 17, 2024Search
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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..
Lion Electric Wins Court Protection From Creditors
After winning breathing room with its bankers to look for additional funding earlier in December, Lion said it failed to raise any cash and was now in default on debt repayments.
December 17, 2024Volkswagen Negotiations Stumble Over Layoffs and Wages
If insufficient progress is made on a deal by early Dec. 18, the board of union IG Metall is prepared to hold a vote at the end of the week to pave the way for 24-hour walkouts.
December 17, 2024Diesel Price Gains 3.6¢ to $3.494 After Last Week’s Decline
U.S. diesel prices rose modestly by 3.6 cents to an average of $3.494 per gallon, according to U.S. Energy Information Administration data released Dec. 16.
December 16, 2024Biden’s LNG Study to Stop Short of Halting New Exports
A study of liquefied natural gas exports by the Biden administration is expected to stop short of saying the approval of more shipments isn’t in the public interest, according to sources.
December 16, 2024How the Freight Market Trough Defined 2024
“Trucking is now in the longest and deepest freight down cycle since the 2007 global financial crisis,” said C.H. Robinson's Michael Castagnetto. ATA data shows tonnage climbing slowly.
December 16, 2024US to Require Vehicles to Sound Alarms for Rear Seat Belts
DETROIT — Starting in September 2027, all new passenger vehicles in the U.S. will have to sound a warning if rear-seat passengers don’t buckle up.
December 16, 2024Watch: Appeals Court Approves Controversial Truck Tolling Plan in Rhode Island
A federal appeals court has ruled that Rhode Island may reinstate its controversial truck-only tolling program, but deemed unconstitutional a set of caps that set limits on collection amounts.Ěý
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December 16, 2024Amazon Rejects Senate Report on Workplace Safety Standards
Amazon has long been a target of worker’s rights advocates and labor unions, who say the company pushes its employees too hard in the name of getting packages to customers quickly.
December 16, 2024Freight Container vs Trailer
Trailers and containers both serve as cargo-carrying units but differ in design and usage. Learn more here.
December 16, 2024