Category: News

The national average diesel price resumed its decline after a one-week increase, slipping 3.8 cents to $3.876 a gallon, according to Energy Information Administration data on Jan. 1.

Experts are having a difficult time predicting the demand for professional truck drivers this year, saying it ultimately will hinge on an anticipated freight market turnaround. 

The nation’s port leaders are optimistic that 2024 will be good for container operators as billions in federal, state and private construction money pour into the facilities.

General Motors Co. said in a lawsuit that San Francisco unfairly taxed it $108 million over seven years, despite the automaker having very low sales and almost no personnel in the city.

Budget negotiations will consume the attention of congressional leaders for much of January.

U.S. trailer orders fell for the first time in five months in November, diving more than 40% month-over-month, according to preliminary data released by ACT Research.

Tesla Inc. delivered more vehicles than expected in the fourth quarter, though not enough for the Elon Musk-led company to stay ahead of China’s BYD Co. in global electric car sales.

Rivian Automotive Inc. missed expectations for quarterly electric vehicle deliveries, weighing on the manufacturer’s shares even as production ramped up during the past year.

An economy that is returning to more balanced spending between goods and services was reflected in mixed November results across the nation’s ports, as container volumes stabilized even as shippers moved goods in anticipation of a busy holiday shopping…

The number of electric vehicle models eligible for a popular $7,500 consumer tax credit fell sharply as new rules from the Biden administration kicked in on Jan. 1.