Category: News

The global LNG tanker fleets appear to have stopped using the Red Sea and Suez Canal, as continued Houthi attacks on ships reroute flows of the power-station and heating fuel.

U.S. retail sales for medium-duty trucks rose 9.1% year-over-year in December while finishing 2023 some 8.4% higher than 2022’s full-year total, according to data from Wards Intelligence.

The national average diesel price rose for the first time in 2024, climbing 3.5 cents to $3.863 a gallon, according to Energy Information Administration data for the week ending Jan. 15.

The U.S. launched a new strike against the Yemen-based Houthis on Jan. 16, hitting anti-ship missiles in the third assault on the Iranian-backed group in recent days, the U.S. military said.

Trucking’s lingering freight recession, combined with a steep decline in spot market rates for carriers over the last 18 months, is tightening capacity, according to FMCSA data and FTR Intel.

Classes 5-8 electric truck maker Xos obtained a $48.5 million capital infusion from serial e-mobility investor ElectraMeccanica, the companies said.

New Jersey Gov. Phil Murphy is again pushing back on New York’s plan to charge motorists driving into Manhattan’s central business district, saying it violates the U.S. Constitution.

SEATTLE — Washington state Attorney General Bob Ferguson on Jan. 15 sued to block the proposed merger of Kroger and Albertsons, two of the nation’s largest grocery chains.

BALTIMORE — Maryland will use its share of $623 million in federal funding to develop 58 EV charging stations, some of which would be located in disadvantaged communities.

Cummins Inc. plans to spend $580 million on its Rocky Mount Engine Plant in North Carolina, much of it as part of the company’s decarbonization push, it said.