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The spot market has been declining, but with rates and volumes still above historic norms it’s unclear where it will stabilize.

With record-high diesel and gasoline prices across the country, oil industry analysts told Transport Topics the runaway energy market isn’t being caused exclusively by higher crude prices or the U.S. economy driving demand for petroleum products.

SCOTTSDALE, Ariz. — American Trucking Associations President Chris Spear said the group’s recently completed Mid-Year Management Session tackled key issues facing the industry, but stressed that much work remains to address the biggest challenges confronting motor carriers.

Transportation groups expressed general support for the goal of reducing nitrogen oxides emissions in comments filed with federal regulators regarding a proposal to set stricter NOx limits for trucks, but cautioned against an overly aggressive approach that could be harmful to motor carriers’ operations and ability to serve the public.

ELLABELL, Ga. — Hyundai Motor Group confirmed May 20 the company will spend $5.5 billion on a huge electric vehicle plant near Savannah that will employ thousands — a deal Georgia’s governor called the largest economic development project in the state’s history.

The national average price of diesel dipped after a two-week surge, dropping 1 cent to $5.613 a gallon, the Energy Information Administration reported May 16.

As the House readies consideration of fuel-centric legislation this week, senior transportation officials announced funding availability for a new safety initiative. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

Infinitum Electric, an electric motor maker based in Texas, has attracted $80 million in investment from several major energy-focused firms, enabling it to boost production.

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Attention trucking technology and logistics leaders! This quarter's can't-miss virtual learning sessions are almost here. Join conversations between Transport Topics reporters and expert guests centered on the rising trends and issues in technology and freight logistics. 

Complete coverage of the 2022 National Truck Driving Championships and Step Van Driving Championships, as well as the state events that served as qualifiers.

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  • Key data on revenue and freight assets for the 50 largest global freight carriers.

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  • Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.

More News

FIATA press conference at 2022 meeting

New digitized trade documents and unfair competition from shipping lines infringing on turf for inland cargo are top priorities during a gathering of transportation leaders and government officials convened by the world’s largest freight forwarding association.

International Terrastar truck

Medium-Duty Sales in April Present Mixed Picture

Classes 4-7 U.S. retail sales in April dropped 15.4% compared with a year earlier, Wards Intelligence reported.


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