Postmaster General Louis DeJoy said the Postal Service needs to replace aging trucks, and he wasn’t aware of an effort by the incoming presidential administration to cancel plans to buy EVs.
Congress is working to clear for President Joe Biden fiscal 2025 legislation prior to this month’s deadline. A new session of Congress is scheduled to start in early January.
“Broadly speaking, freight demand trends are gradually improving,” said Carter Vieth, research associate at ACT Research.
WASHINGTON — America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month.
The addition brings to 21 the total number of crash types included in the program, according to a Dec. 3 announcement from FMCSA.
WASHINGTON — The EPA enhanced enforcement efforts in 2024, doubling financial penalties issued to polluters and issuing the first arrest for a climate change-related crime, the agency said.
Nippon Steel Eyes Overseas Market in Bid for US Steel
KASHIMA, Japan — The signs at Nippon Steel read: “The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel.
Bus, Truck Maker Lion Electric Sells Facility to Raise Funds
Days after laying off 400 staff and halting production at its Joliet, Ill., bus manufacturing plant, Lion continued its ongoing fundraising push with the building sale.
Ryder Truck Rental Growth Hints at Freight Market Recovery
Truck rental utilization is a key performance indicator for the fortunes of Ryder’s biggest business unit and for the health of the freight market in general, CEO Robert Sanchez said.
A slump in international trade, geopolitical conflicts and economic uncertainty created a difficult business environment for the largest transportation and logistics providers in 2023.
NASHVILLE, Tenn. — American Trucking Associations Chief Economist Bob Costello on Oct. 14 highlighted how the freight market is set to slowly improve as equipment and demand rebalance.
Key data on revenue and freight assets for the 50 largest global freight companies.
Retail giant Walmart ascends to No. 1 on this updated list of the largest private carriers in North America, ranked by number of tractors in operation.
Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.
A unique ranking of the third-party logistics companies in North America includes listings of the largest freight brokerage firms, freight forwarders, warehouse operators and dedicated contract carriage service providers.
DETROIT — The reliability of electric vehicles and plug-in hybrids has dramatically improved, narrowing a wide gap with gas-powered automobiles, according to the latest survey by Consumer Reports.
Chevron plans to slow production growth in the biggest U.S. oil field next year in the most definitive sign yet that President-elect Donald Trump faces an uphill battle to ramp up energy output.
Operators of East and Gulf Coast port terminals said they won’t continue bargaining with union dockworkers if it means giving up their right to invest in semi-automated cargo handling equipment.
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