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Inflation in the United States slowed again in November in the latest sign that price increases are cooling despite the pressures they continue to inflict on American households.

The value of global trade is set to reach a new record this year, increasing by about 12% to an estimated $32 trillion, according to a U.N. report that signaled a slowdown heading into 2023.

Freight mobility technology company Einride announced it secured $500 million in financing, including a Series C equity raise and a debt facility.

The national average price of diesel continued its downward trajectory, falling 21.3 cents to $4.754 a gallon, according to Energy Information Administration data released Dec. 12.

American Trucking Associations, the Association of Bi-State Motor Carriers and the Harbor Trucking Association jointly support a recently released Notice of Proposed Rulemaking from the Federal Maritime Commission that seeks to expand the timeliness and overall level of detail and transparency for detention and demurrage invoices coming from common carrier billing parties that provide ocean carriage and storage of freight. 

Fuel economy for 2021 model year vehicles in the U.S. stayed flat with 2020 as people continued to buy less-efficient trucks and SUVs, according to an annual government report published Dec. 12.

Legislation that would approve funding for water infrastructure projects around the country has been finalized, congressional transportation leaders announced this month.

The early December oil spill in Kansas means that TC Energy Corp.’s Keystone pipeline has now leaked more crude oil than any other conduit on U.S. land in the past 12 years.

Vision Truck Group is the first certified electric vehicle dealer in the greater Toronto area for truck makers Volvo Trucks North America and Mack Trucks. Both are units of Volvo Group.

Grote Industries announced an expansion of its engineering design center and production facility in Apodaca, Mexico.