A militant group that is attacking container vessels along the Suez Canal in Egypt is causing shipment disruptions that threaten to inflict downstream effects on the U.S. trucking sector.
January 9, 2024Search
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Less Volatility in Diesel Prices Expected in 2024
Motor carriers can expect lower prices and less volatility at diesel pumps in 2024, according to experts.Â
January 9, 2024EV-Charging Firms Could Struggle With Finances in 2024
U.S. electric vehicle charging installations fell significantly last year as companies grappled with financial challenges, according to a BloombergNEF report.
January 9, 2024Shipping Shows Signs of Panic as Houthis Menace Trade Lane
Container shipping is set to face a crunch ahead of the Lunar New Year holiday as Houthi attacks in the Red Sea restrict capacity, a major industry consultant said.Â
January 8, 2024Driverless Truck Companies Hoping to Ditch Human Copilots
Driverless trucks with no humans on board will soon cruise Texas highways if three firms have their way despite objections from critics who say finances, not safety, is behind the timetable.
January 5, 2024Economic Strength Persists With 216,000 New Jobs in December
The nation’s employers added a robust 216,000 jobs in December 2023, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.
January 5, 2024Maersk Extends Red Sea Diversion and Warns Risk Will Persist
A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea “for the foreseeable future†after pausing transits earlier this week to assess the situation.
January 5, 2024Secretary Buttigieg to Headline Annual TRB Conference
Transportation Secretary Pete Buttigieg is among the senior officials headlining the Transportation Research Board meeting this year.
January 4, 2024Spot Container Shipping Rates Soar 173% on Red Sea Threats
Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea.
January 4, 2024Truck Parking Eyed in Planning for Rest Area Site in Oregon
Planning is underway to revitalize a heavily congested rest area on Mount Hood in Oregon that would include truck parking spaces.
January 3, 2024