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A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half.

Truckers traveling in Wyoming over Interstate 80, which sees the most truck traffic there, will be able to drive over two new bridges to be built mostly with a new Federal Railroad Administration grant.

XPO Inc. experienced an increase in revenue despite a challenging freight environment during the first quarter of 2023, the company reported May 4. 

An influential shipping industry group has quietly warned shippers to think carefully before they sign up for a new plan to reduce their contribution to climate change.

The U.S. service sector expanded only modestly in April according to the Institute for Supply Management, restrained by the weakest pace of business activity in nearly three years.

The Federal Reserve reinforced its fight against high inflation May 3 by raising its key interest rate by a quarter-point to the highest level in 16 years.

U.S. Senate Transportation leaders touted the Federal Communications Commission’s recent decision to open access to a band of the transportation spectrum.

Paying for power grid upgrades trucking companies need to charge electrified medium- and heavy-duty fleets would provide a long-term financial boon to utilities.

Sales of used Class 8 trucks in March decreased 19.8% year-over-year to 20,200 units from 25,200, ACT Research reported. However, month-over-month sales rose 14.8%.

In the two weeks since Tesla alarmed investors by revealing how much of a toll discounts were taking on its profit margins, Elon Musk has bumped prices back up across the lineup.