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US Trucking Faces Downstream Effects From Suez Canal Attacks

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, 2024

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. 

January 9, 2024

EV-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, 2024

Shipping 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. 

January 8, 2024

Driverless 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, 2024

Economic 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, 2024

Maersk 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, 2024

Secretary 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, 2024

Spot 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, 2024

Truck 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