Retail gasoline and diesel prices rallied to a record just ahead of the nation’s summer driving season, a challenge for President Joe Biden and the Federal Reserve as they face the fastest inflation in decades.
May 10, 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.
DTNA Unveils Production-Ready eCascadia at ACT Expo
LONG BEACH, Calif. — Freightliner Trucks, a division of Daimler Truck North America, has unveiled its production-ready eCascadia Class 8 electric truck, built on the best-selling heavy-duty truck platform in North America.
May 10, 2022How Anglo American Developed the World’s Biggest Hydrogen-Fueled Truck
Four years ago, Anglo American Plc couldn’t find any industry partners to support its idea of replacing open-pit mining’s monster diesel trucks with climate-friendly, green hydrogen-fueled vehicles.
May 10, 2022HMM to Continue Deploying More Ships as Port Congestion Persists
HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to meet demand from the country’s exporters struggling to transport goods overseas.
May 10, 2022XPO Reports Record $3.47 Billion in Revenue for Q1
XPO Logistics Inc. reported its highest revenue of any quarter in its history May 9 for the first quarter of 2022.
May 9, 2022Critical Talks to Begin for West Coast Port and Warehouse Workers
Labor Secretary Marty Walsh, seaport officials on the West Coast, International Longshore and Warehouse Union negotiators and leaders with the Pacific Maritime Association are talking optimistically that a long-term contract with workers can be negotiated this summer.
May 9, 2022Odyssey Realigns Business Structure With Four New Divisions
Odyssey Logistics & Technology Corp. realigned its business structure by creating four new operating divisions, the company announced May 4.
May 9, 2022At More Than $4.30 a Gallon, Gasoline Nears Its March Record
Gasoline pump prices in the U.S. are rising to within a hair of an all-time record three weeks ahead of the peak driving season.
May 9, 2022U.S. Xpress Reports Earnings Loss Despite Revenue Gains
U.S. Xpress Enterprises reported revenue growth but a decline in earnings for the first quarter of 2022.
May 9, 2022Senate Panel Advances Water Infrastructure Bill
Legislation designed to enhance funding for the country’s commercial waterways was easily approved by the Senate Environment and Public Works Committee this month.
May 9, 2022Trending
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