WASHINGTON — The U.S. economy shrank at a 1.6% annual pace in the first three months of the year, the government reported June 29 in a slight downgrade from its previous estimate for the January-March quarter.
June 29, 2022Latest Articles
Business, Logistics, For-Hire 
FedEx Predicts Profit Growth Under Three-Year Plan
FedEx Corp. expects to grow earnings per share as much as 19% annually over the next three years by targeting “high-value” customers and squeezing more efficiency out of its networks.
June 29, 2022 Business, Technology, Fuel 
Road Fuel Demand to Peak by 2027
Global road fuel demand will peak in five years, though it will be decades before shifts in consumption reshape transportation’s reliance on fossil fuels, according to a report from BloombergNEF.
June 29, 2022 Business, Technology, Equipment, Safety, Logistics 
Complexities in Trucking Supply Chain Cause Shippers’ Logistics to Evolve
Shippers are looking at developing their own truck fleets due to low service levels and greater affordability, a leading logistics report says.
June 28, 2022 Business, Technology, Logistics, Autonomous, For-Hire 
J.B. Hunt, Waymo Add Wayfair to Autonomous Trucking Program
J.B. Hunt Transport Services Inc. and Waymo added the home goods company Wayfair to its autonomous trucking program, the companies announced June 28.
June 28, 2022 Government, Business, Safety, For-Hire 
Supreme Court Declines to Hear C.H. Robinson Appeal
The U.S. Supreme Court has declined to review a federal appellate court decision involving a personal injury suit alleging that freight broker C.H. Robinson Worldwide Inc. was negligent in connection with a serious injury from an accident in 2016 involving a carrier it hired.
June 28, 2022 Business, Logistics, For-Hire 
Roadrunner Adds Five New Direct Lanes to LTL Network
Roadrunner grew its nationwide metro-to-metro service network for less-than-truckload shipments with the addition of five direct lanes, the company announced June 23.
June 28, 2022 Business, Equipment 
Auto Sales Expected to Fall 17% This Year
Vehicle sales in the U.S. are expected to fall 17.3% this year to the lowest level in a decade as semiconductor shortages and other supply chain problems continue to hamper production.
June 28, 2022 Government, Business, Technology, Fuel 
EIA Delays Fuel Price Release for Second Week
The U.S. Energy Information Administration has delayed its weekly release of national fuel prices for the second week in a row June 27.
June 28, 2022 Government, Business, Logistics 
Where the Supply Chain Recovery Stands
Two years into the crisis that disrupted global supply chains, the busiest port complex in the U.S. is still battling bottlenecks across the board.
June 28, 2022 Government, Business 
Goods-Trade Deficit Narrows to Smallest This Year
The U.S. merchandise-trade deficit narrowed in May to its smallest this year as exports rose to a record, suggesting a tailwind for economic growth in the second quarter.
June 28, 2022 Government, Business, Technology, Logistics 
ATA Asks Federal Leaders to Assist in Rail Negotiations
American Trucking Associations called on federal elected leaders to ensure ongoing freight rail workforce negotiations avoid disrupting key aspects of the nation’s supply chain.
June 27, 2022 Business, Logistics, For-Hire 
KAG Energy Expands Midwest Footprint
KAG Energy is growing its operations in the Midwest after recently securing new business in the region, the business group announced June 27.
June 27, 2022 Government 
House Committee to Debate FY23 Transportation Funding Bill June 30
Prior to leaving town for the July 4 recess, the funding panel in the U.S. House of Representatives will take up a fiscal 2023 transportation bill June 30. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
June 27, 2022 Business, Equipment, Safety 
Skin, Musculoskeletal Health Essential for Truck Drivers
When truck driver health care comes to mind, most think of cardiovascular or weight issues. However, skin care and musculoskeletal well-being are also growing concerns.
June 27, 2022 Business, Technology, Equipment, Fuel 
Daimler, European Partners to Test HD Truck Using Liquid Hydrogen Fuel
To test the use of liquid hydrogen as a commercial vehicle fuel, Daimler Truck announced it is putting a prototype heavy-duty truck and filling station into operation in Germany.
June 27, 2022 Crossword 
Crossword Puzzle Solution for June 27, 2022
Here's the solution to the crossword puzzle found in the June 27, 2022 print edition.
June 27, 2022 Government, Business, Logistics, TCA 
CSX Completes Purchase of Pan Am Railways
MECHANICVILLE, N.Y. — CSX Corp. has completed its long-sought purchase of Pan Am Railways.
June 27, 2022 Government, Business, Equipment, Fuel 
Wisconsin Makes Move Among State Efforts to Address Fuel Prices
Wisconsin’s new emergency order to stop gas and diesel price gouging is among the latest moves by several governors to lessen the impact of rising fuel prices.
June 27, 2022 Government, Business 
Durable Goods Orders Exceed Forecast
Orders placed with U.S. factories for durable goods rose more than expected in May, suggesting business investment so far remains firm even in the face of rising interest rates and mounting concerns about the economy.
June 27, 2022