The cost to transport America’s harvest from the Midwest to the rest of the world is soaring as shrinking water levels on the Mississippi River drive up barge freight rates.
August 31, 2023Search
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UPS Offers Buyouts to 167 Pilots as Air Cargo Slumps
UPS Inc. is offering a voluntary severance package for 167 pilots amid a slump in air freight volume.
August 31, 2023Action Sought Against China for Chassis, Container Practices
Lawmakers and trucking industry stakeholders are speaking out about what they view as unfair trade practices supported by China that are hampering domestic manufacturing efforts.Â
August 31, 2023Eaton Merges Units in Preparation for Electrification Push
Eaton Corp. is preparing for the gradual transition of heavy-duty trucking away from diesel engines by integrating two segments of its operations.
August 31, 2023US Dedicates $12 Billion to Retrofit Auto Plants for EVs
The Biden administration is making up to $12 billion available for automakers to retrofit their facilities to make electric vehicles and hybrids.
August 31, 2023Panama Canal Congestion Threatens US Trucking
Panama Canal officials say limiting how many ships can go through the waterway could have downstream effects on U.S. trucking like slowdowns and bottlenecks.
August 31, 2023Economist Sees Challenges and Opportunity in 2024 and 2025
Higher interest rates are expected to slow inflation and the U.S. economy during the remainder of 2023 and into 2024, before the Federal Reserve reverses course and cuts interest rates.
August 31, 2023Amazon, Shopify Open Amazon Logistics Resources to Sellers
Amazon .com Inc. and Shopify Inc. have struck a deal to allow merchants who pay for Shopify’s e-commerce tools to use Amazon’s logistics network.
August 31, 2023Locomotive Manufacturer, Union Agree to End Two-Month Strike
Wabtec and its striking union workers have reached a tentative agreement that could end a two-month strike that saw about 1,400 people walk off the job at its Pennsylvania plant.
August 31, 2023Used Truck Market Can Likely Handle Yellow Liquidation
Used trucks and trailers owned by bankrupt Yellow Corp. are set to come up for auction in unprecedented numbers, but the market can handle it, say observers.
August 31, 2023