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Truck tonnage jumped 3.7% in May compared with year-ago levels, marking the ninth consecutive year-over-year gain and the largest since April 2021, American Trucking Associations announced.

The pandemic has changed the nature of global supply chains with companies seeking to source goods from multiple places to minimize shipment and production disruptions.

China’s chip industry is growing faster than anywhere else in the world, after U.S. sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home-grown components.

REHOBOTH BEACH, Del. — President Joe Biden said June 20 that he will decide by the end of the week whether he would support a federal gasoline tax holiday, possibly saving U.S. consumers as much as 18.4 cents a gallon.

Few industries came under as much pressure and made as many adjustments during the COVID-19 pandemic as trucking. Industry executives see permanent changes resulting from how COVID altered the economy, consumer behavior and business interactions.

The fertilizer shortage that threw the agricultural sector into disarray and pushed food costs higher globally may be fading.

U.S. factory production unexpectedly declined in May for the first time in four months, restrained by supply challenges and hints of cooler demand for some big-ticket consumer goods.

Top Biden administration officials are weighing limits on exports of fuel as the White House struggles to contain gasoline prices that have topped $5 per gallon.

Legislation that would fund the U.S. Department of Transportation’s operations through fiscal 2023 will be considered in committee this month in the U.S. House of Representatives.