Industry News

• 5 Ways Carriers Overpower Tough Market Conditions with Custom Driver Apps October 2, 2023
  The freight market is like a seesaw boxing match, with cycles of “boom” and “bust” happening more frequently. When capacity grows tight, carriers take swings to increase rates. Shippers strike back to lower contract prices as soon as they gain the upper hand.
• Government Shutdown Averted; Funding Extended to Mid-November October 1, 2023
  WASHINGTON — The threat of a federal government shutdown ended late Sept. 30, hours before a midnight deadline, as Congress approved a temporary funding bill to keep agencies open.
• Census Bureau: Two Trucking Sectors Prospered During Pandemic September 29, 2023
  Freight forwarding and longhaul trucking for truckload experienced the highest business booms for revenue during the pandemic, a new U.S. Census Bureau transportation analysis shows.
• Low Water Levels on Mississippi River Delaying Barge Cargo September 29, 2023
  Barge operators are running lighter loads on the Mississippi River to compensate for the lack of water from months of dry weather. Prices paid to farmers for their crops are easing as a result.
• Amazon to Open Pair of Facilities in Virginia Beach September 29, 2023
  Virginia Gov. Glenn Youngkin has announced Amazon will build a multistory robotics fulfillment center and “last mile” delivery station in Virginia Beach.
• Amazon Violated Worker Rights Settlement, NLRB Says September 29, 2023
  Amazon.com Inc. was accused by U.S. officials of violating a labor board settlement, paving the way for the government to consider claims that the company tried to suppress union organizing.
• Bettaway Launches EV Tractor Rollout to Support Arizona Tea September 29, 2023
  Bettaway Supply Chain Services entered the electric vehicle space with the introduction of two all-electric yard tractors Sept. 26 to support its logistics operations in New Jersey.
• Nikola Celebrates Entry Into HFCEV Market September 29, 2023
  COOLIDGE, Ariz. — Nikola celebrated the commercial launch of its hydrogen fuel cell electric vehicles with 900 of its customers, suppliers and supporters at its manufacturing facility Sept. 28.
• Biden Plans Three Auctions of Offshore Drilling Rights September 29, 2023
  The Biden administration released plans Sept. 29 to hold three auctions of offshore drilling rights over the next five years — part of what it cast as an effort to phase down oil leasing in favor of clean energy.
• Plunging US Oil Supply Is Driving Up Prices Around the World September 29, 2023
  Oil buyers across the planet are facing some of the highest premiums for supplies they’ve seen in months — or longer — as dwindling stockpiles at the largest U.S. storage hub reverberate through markets from Asia to the Middle East to Europe.
• UAW Adds Two More Strike Sites, Idling 7,000 Workers September 29, 2023
  DETROIT — The United Auto Workers union says its two-week strike against Detroit automakers will spread to 7,000 more workers at a Ford plant in Chicago and a GM factory near Lansing, Mich.
• Funding Disagreements Dominate Congressional Debate September 29, 2023
  Varying perspectives on Capitol Hill regarding federal funding priorities point to potential disruptions at certain agencies, Transportation Secretary Pete Buttigieg said recently.
• Moving and Storage Executives Descend on Washington September 28, 2023
  Several dozen executives from the moving and storage sector recently spent a day in the halls of Congress to discuss key issues with about 60 lawmakers or their staffs.
• Daimler Fuel Cell Truck Completes Long-Distance Run September 28, 2023
  BERLIN — Daimler Truck demonstrated the potential for a fuel cell-powered truck by completing an approximately 650-mile run with its Mercedes-Benz GenH2 cabover model in its native Germany.
• Used Class 8 Sales Rise 4.65% in August September 28, 2023
  Used Class 8 truck sales rose 4.65% in August to 22,500 from 21,500, the first year-over-year increase since November, according to the latest data from ACT Research.