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APM Terminals Mobile Reports Record Containers Handled for September

APM Terminals Mobile handled a company record number of 20-foot-equivalent containers in September, the port networks operator said Oct. 27.

October 28, 2022

Auto Prices Finally Begin to Creep Down From Inflated Highs

While prices on new and used vehicles remain 30% to 50% above where they were when the pandemic erupted, signs are pointing to many vehicles becoming slightly more affordable.

October 27, 2022

EU to Ban New Combustion Engine Cars as of 2035

The European Union reached a deal to effectively ban new combustion engine cars from 2035, a move that will reshape transportation and mark a significant step on the path to reduce carbon emissions.

October 27, 2022

US Economy Returned to Growth Last Quarter, Expanding 2.6%

The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy’s health has emerged as a paramount issue.

October 27, 2022

Pump Prices Along the East Coast Are Rising on Gasoline Shortage

Gasoline shortages rippling across the East Coast are driving up pump prices from New York to Maine, potentially frustrating the Biden administration’s effort to rein in energy costs ahead of the election.

October 27, 2022

NHTSA Plans Survey, Research to Find Out Why Drivers Speed

With continuing concerns about speeding on the nation’s highways, the National Highway Traffic Safety Administration plans to conduct a survey-research effort to ask 1,500 drivers with one or more recent speeding tickets why they speed — and why others with no violations don’t speed.

October 27, 2022

Tesla Faces US Criminal Probe Around Self-Driving Claims

U.S. prosecutors are investigating whether Tesla Inc. made misleading claims about the capabilities of its Autopilot driver assistance system, according to a person familiar with the matter.

October 27, 2022

Second Railroad Union Rejects Deal, Adding to Strike Worries

A second railroad union rejected its deal with the major U.S. freight railroads on Oct. 26, reflecting workers’ increasing frustration with the lack of paid sick time in the industry and adding to concerns about the possibility of a strike next month that could cripple the economy.

October 26, 2022

PhilaPort Terminal Gets $20.3 Million Grant to Ease Truck Congestion

The Port of Philadelphia will have less truck congestion and more capacity thanks to a $20.3 million federal infrastructure grant award.

October 26, 2022

The US Is Exporting Record Oil and Fuel Even as East Coast Faces Shortages

The U.S. exported a record amount of crude and fuel in mid-October, even as the East Coast grapples with shortages of both diesel and gasoline.

October 26, 2022