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.
May 20, 2022Latest Articles
Biden Calls South Korean Chip Plant a Model for Deeper Ties to Asia
PYEONGTAEK, South Korea — President Joe Biden opened a trip to Asia May 20 by touring a South Korean computer chip factory that will be the model for another plant in Texas, offering it as a way to deepen ties with the Indo Pacific and fuel technological innovation and foster vibrant democracies.
May 20, 2022FIATA Focuses on Unfair Shipping Competition, Digital Trade Documents
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.
May 19, 2022Groups Urge Cautious Approach With EPA NOx Proposal
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’...
May 19, 2022ATA’s Chris Spear Touts Efforts to Address Parking, Training at Mid-Year Session
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.
May 19, 2022House Passes Fuel Price Gouging Bill
Legislation that aims to expand federal provisions against price gouging in the marketplace for gasoline and other fuels passed in the U.S. House of Representatives on May 19.
May 19, 2022Spot Market Normalization Signals Uncertain Future
The spot market has been declining, but with rates and volumes still above historic norms it’s unclear where it will stabilize.
May 19, 2022Gas Price Records Mount as Travel Nears Pre-COVID Norms
Gasoline prices in the U.S. have hit fresh peaks for the past 10 days, the longest run of consecutive records just as travel is expected to approach levels seen before the pandemic, according to auto club AAA.
May 19, 2022House Panel Approves Water Bill
Legislation that would approve dozens of projects and studies under the purview of the Army Corps of Engineers was advanced by a committee in the U.S. House of Representatives on May 18.
May 19, 2022Diesel’s Surge, Scarcity Creates Issues for Farmers
Farmers from Iowa to Ukraine are grappling with surging diesel prices and an unsteady supply, forcing them to spend unprecedented sums on fuel in a chaotic market and raising concerns about the autumn harvest.
May 19, 2022Transport Topics Radio
Transport Topics Radio is a weekly news roundtable airing Saturdays on SiriusXM channel 146 from 1-3 p.m. ET and rebroadcast Saturday nights from 11 p.m.-1 a.m. ET, and Sundays from noon-2 p.m. ET and 9-11 p.m. ET. Check out this week's lineup.
May 19, 2022Diesel’s High Cost Due to Refining Capacity Shortage, Exports, Experts Say
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.
May 19, 2022Daimler to Deploy 800 eCascadias to Sysco
Food service distributor Sysco Corp. and Daimler Truck North America jointly announced Sysco’s letter of intent to deploy 800 battery-electric Freightliner eCascadia Class 8 tractors by 2026.
May 19, 2022Aurora, FedEx Expand Texas Autonomous Routes
Aurora Innovation Inc. and FedEx have expanded their autonomous trucking partnership to include freight hauling between terminals in Fort Worth and El Paso, Texas.
May 18, 2022California to Join $8 Billion Hydrogen Hub Race
California will seek some of the $8 billion President Joe Biden set aside for building hydrogen production hubs, joining a crowded race among states angling for the money.
May 18, 2022Supply Chain Woes Threaten Electric Grid
A vast swath of North America from the Great Lakes to the West Coast is at risk of blackouts this summer as heat, drought, shuttered power plants and supply chain woes strain the electric grid, according to a report.
May 18, 2022Medium-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.
May 18, 2022Leaders of VTNA, Navistar Stake Out EV Turf
LONG BEACH, Calif. — The leaders of Volvo Trucks North America and Navistar expect broader competition when it comes to delivering electric trucks to customers, and even closer collaboration with more parties to ensure such trucks are ready to work, they said in separate interviews with Transport...
May 18, 2022Industry Faces Obstacles in Bid to Mitigate Driver Shortage
SCOTTSDALE, Ariz. — Accelerated retirements, an aging workforce, a decadeslong declining birthrate and low unemployment rate continue to cause challenges for the trucking industry as it seeks to overcome the 80,000-plus driver shortage.
May 18, 2022Target Plummets Most Since 1987 as Inflation Saps Margins
Target Corp. plunged the most since 1987’s Black Monday crash after becoming the second big retailer in two days to trim its profit forecast.
May 18, 2022