The attacks on commercial ships in the Red Sea by Houthi rebels have rerouted most of the trade normally flowing through the crucial maritime artery for consumer goods and energy supplies.
Category: News
Class 8 Sales Fall for Fifth Consecutive Month in December
Class 8 retail truck sales in December fell year-over-year for a fifth consecutive month, Wards Intelligence data showed, but full-year 2023 sales ended 4.9% higher compared with 2022.
Port of Los Angeles Leader Outlines Ambitious Goals for 2024
With billions of federal, state and local dollars being spent at the nation’s ports, these critical economic engines are poised to accelerate efforts toward low- and zero-carbon emissions.
PS Logistics Buys Buddy Moore Trucking
PS Logistics has acquired Buddy Moore Trucking, which is also based in Birmingham, Ala.
Battery Plant Location Decision Nears for Paccar, Partners
LAS VEGAS — Paccar, Daimler and Cummins are nearing a decision on the location of a factory to produce lithium-iron phosphate batteries.
Ohio Law Bans State Adoption of California Emission Rules
In a slap to California, Ohio has a law taking effect in March banning agencies from adopting that state’s emissions regulations and protecting the sale and use of diesel and gas vehicles.
Congress Faces Deadline on Partial Government Funding
Members of Congress returned to Washington this month to face a Jan. 19 partial government funding deadline.
Buttigieg Emphasizes Transportation Safety at TRB
WASHINGTON — At an annual gathering of the nation’s transportation intelligentsia, Secretary Pete Buttigieg pressed stakeholders to remain hyperfocused on safety while urging Congress to avert a government shutdown.
Energy, Housing, Food Drive Slight Uptick in US Inflation
WASHINGTON — Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve’s drive to slow inflation to its 2% target may remain a bumpy one.
DOD Announces Delay in $17.9B Military Moving Contract
U.S. Transcom announced that an IT systems glitch is delaying implementation of a contract designed to improve the quality of moves for military members and their families.