Oil rose after the OPEC+ alliance agreed to increase oil production gradually over the next three months.
Category: News
Maffei Named Maritime Commission Chairman
The Biden administration tapped Daniel Maffei to lead the Federal Maritime Commission, the agency announced recently.
US Jobless Claims Rise as Labor Market Recovery Remains Choppy
Applications for U.S. state unemployment insurance unexpectedly rose last week but remained near the lowest levels of the pandemic as the labor market meanders toward full recovery.
‘Chargers Everywhere’: Biden Maps $174 Billion Path for EV Boom
The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the $174 billion proposed for charging stations, planned consumer rebates for American-made EVs and a pledge to …
FleetPride Acquires Southern Truck Center
FleetPride acquired the assets of Southern Truck Center, the truck parts and service distributor announced March 31.
Fleets Selected for NACFE's Run on Less – Electric Event
The North American Council for Freight Efficiency has announced Run on Less – Electric, a real-world demonstration slated for September of zero-emission goods movement involving 13 private and public fleets and a mix of vehicles — including yard tracto…
Fight Over Chicago Golf Course Slated to Become Logistics Center Heating Up
A once-thriving country club near major interstate highways in Chicago was set to be the new home of an 800,000-square-foot distribution and warehouse facility, Now it is at the center of a legal battle involving a part of the city critical to trucking.
Canada Sees Record First Quarter for M&A
Mergers and acquisitions are off to their fastest start to a year ever in Canada, driven by a combination of cheap financing for buyers, high valuations for sellers and an improving economic outlook that’s encouraging companies to make major moves.
ATA Supports Federal Legislation to Help States Curb Cellphone Use for All Motorists
American Trucking Associations has announced its support for federal legislation aimed at helping states curb distracted driving using cellphones for all motorists, a leading cause of highway accidents and fatalities.
Stellantis to Offer New Vans Pairing Hydrogen and Battery Power
Stellantis NV’s new range of cargo vans running on both hydrogen and plug-in electric technology offer the promise of emitting only water vapor and refueling time on par with going to the gas station.