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Truck Tonnage Retreats in November After October Gain

The ATA For-Hire Truck Tonnage Index decreased 1.8% to 112.5 in November from 114.6 in October. The index is down 1% compared with November 2023.

December 27, 2024

Former Suzuki Boss Osamu Suzuki Dies at 94

TOKYO — Osamu Suzuki, the charismatic former boss of Suzuki Motor Corp. who helped turn the Japanese mini-vehicle maker into a globally competitive company, has died at 94.

December 27, 2024

US Oil Exports to China Dwindle as Demand Wanes

U.S. crude exports to China plunged by almost half this year as shifts in the nation’s economy weighed on demand and it bought more barrels from other countries including Russia and Iran.

December 27, 2024

Holiday Shoppers Increased Spending by 3.8%

Sales rose this year during the holiday shopping season even as Americans wrestled with elevated prices for many groceries and other necessities, according to new data.

December 27, 2024

Diesel Price Dips 1.8¢ to $3.476 a Gallon

U.S. diesel prices dipped this week, reflecting a national average decline of 1.8 cents per gallon to $3.476, according to the Energy Information Administration’s Dec. 23 report.

December 23, 2024

OpenStore Invests $5 Million in Kansas City Fulfillment Hub

OpenStore, which manages more than 100,000 stock-keeping units and serves more than 2 million customers, plans to launch operations at the 113,000-square-foot facility in March 2025.

December 23, 2024

Trucking Slowly Climbs Toward the Up Cycle in 2025

The trucking industry is expected to slowly improve next year even as market headwinds and uncertainty leave many unknowns heading into 2025.

December 23, 2024

Louisiana Supports Free CDL Training for 20 Black Men

South Louisiana Community College is partnering with a state agency and the governor’s office to launch a CDL training program to open truck driving career paths for Black men.

December 23, 2024

FedEx Freight Spinoff Draws Positive Analyst Reactions

Wall Street analysts offered overall positive initial reactions to the Dec. 19 news that FedEx Corp. plans to by 2026 spin off its LTL division into a separate, publicly traded company.

December 23, 2024