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Transpacific shipping costs have fallen by 53% in the past three months.

President Joe Biden seeks to salvage relations with Saudi Arabia in a Mideast trip that risks political embarrassment unless near-record U.S. gasoline prices swiftly come back to Earth.

U.S. inflation accelerated in June by more than forecast, underscoring relentless price pressures that will keep the Federal Reserve on track for another big interest-rate hike later in July.

Twitter Inc. sued billionaire Tesla CEO Elon Musk over his abandoned $44 billion takeover bid, asking a judge to force him to follow through on his offer.

An Interstate 81 coalition wants to form a multistate team to apply for federal funds to improve truck parking following a recent roundtable discussion with six states about inadequate spaces along the vital eastern U.S. freight corridor.

The American Transportation Research Institute found the majority of young truck drivers are motivated by factors besides pay when choosing a carrier.

Citing supply chain concerns, the U.S. Chamber of Commerce joined other transportation stakeholders in calling on the White House to assist with labor disputes in the freight rail sector.

CLEVELAND — The Ohio Department of Transportation has determined where a number of federally funded charging stations should be deployed across the state as part of a plan to spend more than $100 million in bipartisan infrastructure law money on electric vehicle infrastructure.

OPEC’s first oil market outlook for 2023 suggests no relief for squeezed consumers, with more crude needed from the group even though most members are already pumping flat out.

WASHINGTON — Last week’s jobs report points to a solid U.S. economy with little sign of a recession on the horizon and one that can withstand higher interest rates, St. Louis Federal Reserve president James Bullard said July 11.