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GovernmentBusinessSafetyLogistics

Global Shipping Strains Spark Fears of an Inflation Comeback

Merchandise trade is withstanding its first post-pandemic shock, with no noticeable flareup of global consumer prices. But that’s not guaranteed to last if snarls prove long-lasting.

July 18, 2024
BusinessLogisticsPrivateGlobal Freight

Amazon Prime Day Drives Online Sales Up 11% to $14.2 Billion

U.S. shoppers spent $14.2 billion online during Amazon.com Inc.’s 48-hour Prime Day sale, up 11% from a year ago and in line with estimates, according to Adobe Inc.

July 18, 2024
BusinessEquipment

Ford Commits $3 Billion to Boost Truck Output After EV Delay

Ford will invest $3 billion to build its profitable Super Duty F-Series pickup truck at a plant in Ontario, shifting focus at the site after previously delaying plans for an electric SUV.

July 18, 2024
GovernmentBusinessLogistics

Port of L.A. Container Volumes Up 14% on Strong Trade Activity

West Coast ports are closing out the first half of 2024 with strong trade volumes, boosted by an early peak season, solid consumer spending and threats of strikes at East and Gulf Coast ports.

July 17, 2024
BusinessEquipment

Daimler Truck Takes Chinese JV Write-Down, Cites Weak Sales

Daimler Truck will take a writedown on the value of its Chinese joint venture due to a persistently weak market in Asia’s largest economy, the German truck manufacturer said July 16.

July 17, 2024
GovernmentSafetyLogistics

Trump Assassination Attempt Inquiry Adds to Congress' Agenda

Investigations into the attempted assassination of former President Donald Trump will contribute to an already jam-packed summer agenda on Capitol Hill.

July 17, 2024
BusinessEquipment

June Medium-Duty Sales Decline 9% Year-Over-Year

U.S. retail sales for medium-duty trucks declined year-over-year in June, according to data from Wards Intelligence.

July 17, 2024
BusinessTechnologyEquipmentFuelTCA

Alternative Powertrain Might Unlock US EV Market

An alternative vehicle powertrain called an EREV that’s booming in China might hold the answer to encouraging Americans to adopt electric cars and trucks.

July 17, 2024
GovernmentBusinessLogisticsGlobal FreightTCA

Port of Baltimore Terminal to Have $1.54B Impact, Study Finds

The planned Sparrows Point terminal is expected to transform Maryland’s economy over a decade, generating more than 8,000  jobs and adding $1.54 billion a year in economic impact.

July 17, 2024
GovernmentSafety

House T&I Committee to Meet on Rail Safety

An in-depth examination of nationwide freight rail policy is on a House committee’s agenda before lawmakers leave Washington for the August recess.

July 17, 2024