U.S. trailer orders fell 37% year over year in July to 7,200 units, ACT Research reported. The figure represented a 14.2% increase from June’s 6,300 units.
Category: News
US Shippers Scramble as Canadian Rail Shutdown Hits Freight
Importers and exporters are left with few options as a near-total rail shutdown in Canada risks delaying ocean shipments, spiking freight costs and straining the busiest U.S. ports.
CN and CPKC Initiate Lockout After Labor Talks Fail
The Canadian railway system has been struck with two major work stoppages amid failed labor negotiations Aug. 22.
Chris Moore Wins Georgia, Readies for NTDC Competition
Chris Moore, the Georgia grand champion in the sleeper berth class, aims to lead Walmart to the team title at the National Truck Driving Championships in Indianapolis.
Minnesota Fuel Taxes to Jump 12% in 2025 Due to New Law
Minnesota’s motor fuel taxes will jump by nearly 12% starting Jan. 1 for diesel, gasoline, biodiesel and other fuels because of a state law passed last year.
Trudeau Tells Railways, Union to Reach Deal to Avoid Strike
Prime Minister Justin Trudeau is urging Canada’s two largest railways and unionized workers to reach a deal to avert a strike that businesses warn will cause significant harm to the economy.
US Payroll Data Likely to See Largest Revision Since 2009
U.S. job growth was probably far less robust in the year through March than previously reported, according to government data out Aug. 21.
Canadian Economy at Risk as Rail, Port Strikes Approach
Canadian businesses are warning about potential long-term damage to the economy if railway and port strikes go ahead and choke the country’s vital trading arteries.
ATA Presses DOT on Stalled Mileage-Based Fee Study
With the IIJA set to expire in about two years, ATA said the opportunity to conduct the pilot program and report the results to Congress is “quickly fading.”
Ford Scraps Electric SUV, Boosts Hybrid Production
Ford Motor Co. is recalibrating its electrification strategy yet again, canceling plans for a fully electric SUV in a shift that may cost the carmaker around $1.9 billion.