Nicholas Schmidt of Standish, Mich., became owner No. 1 of Ford Motor Co.’s first electric pickup, the F-150 Lightning.
May 27, 2022Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
White House Eyes Restarting Idle Refineries
The Biden administration is reaching out to the oil industry to inquire about restarting shuttered refineries, as the White House scrambles to address record-high gasoline prices that are setting off political alarm bells ahead of the midterm elections.
May 26, 2022More Memorial Day Travel Expected, Despite High Gas Prices
To drive, or not to drive? This Memorial Day weekend, with surging gas prices that are redefining pain at the pump, that is the question for many Americans as a new COVID-19 surge also spreads across the country.
May 26, 2022Diesel Price Slips 4.2¢ to $5.571 a Gallon
The national average price of diesel dipped for the second week in a row, down this week by 4.2 cents to $5.571 a gallon from $5.613, the Energy Information Administration reported May 23.
May 26, 2022Tonnage Up 1.8% in April Compared With 2021
Truck tonnage in April increased on an annual basis but declined compared with March, American Trucking Associations reported.
May 26, 2022Congressional Leaders Eye June for Fiscal 2023 Appropriations Bills
Congressional funding leaders are aiming to kick off consideration of the 2023 transportation appropriations bill as early as June.
May 26, 2022April Used Class 8 Prices High, But on the Way Down
The average used Class 8 retail sales price in April soared compared with a year earlier, as expected. But a closer vantage point showed it fell month-over-month for just the second time since July 2020, ACT Research reported.
May 26, 2022Senate Committee Advances Fuel Markets Bill
Legislation designed to enhance market transparency and direct the Federal Trade Commission to prevent fraud or manipulation linked to inflating gasoline prices was approved by a Senate panel.
May 26, 2022Carriers Look Beyond Pool of Available Drivers
Trucking companies are working to expand their driver recruitment reach by bolstering diversity and inclusion initiatives, experts said.
May 26, 2022Spiking Gas and Food Costs Weigh on Biden Biofuel Plans
Surging gasoline and food costs are weighing on the Biden administration as it prepares to set mandates for the use of renewable fuels.
May 26, 2022Trending
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