Workers load produce onto trucks for transport at the Hunts Point Terminal Produce Market in New York. (John Taggart/Bloomberg News) The produce season did little to boost the slowdown in freight demand, as would be expected with normal seasonality. The trucking industry relies on seasonal trends to predict when and where capacity will be needed. ...more
Advances in Artificial Intelligence (AI) are enhancing connected vehicle cameras and creating opportunities to mitigate road, driver, and fleet risks. It highlights the potential of AI video telematics to improve road safety by filling the gaps left by traditional dashcams and providing real-time driver engagement, accurate monitoring, and insightful analysis.The scale of the problem is ...more
A UPS worker delivers packages in the SoHo neighborhood of New York. (Angus Mordant/Bloomberg News) The potential for a strike by UPS workers if a new labor agreement isn’t reached with the International Brotherhood of Teamsters holds significant implications across the supply chain, industry analysts said. “UPS is huge. They have multiple businesses that could ...more
DHL's Atlanta facility at Hartsfield-Jackson International Airport is equipped with technology capable of sorting up to 20,000 pieces per hour. (DHL Express) The world’s busiest airport is getting more cargo. DHL Express on July 6 opened an $84.5 million, 100,000-square-foot hub at Atlanta’s Hartsfield-Jackson International Airport, which the company says establishes direct connections between Atlanta ...more
Former House Speaker Paul Ryan (left) and Rep. Tim Walberg (R-Mich., right) during a 2017 mock swearing in ceremony in Washington. (Jose Luis Magane/Associated Press) WASHINGTON — U.S. Rep. Tim Walberg (R-Mich.) has introduced a bill that would bar the Environmental Protection Agency from finalizing strong new emission standards that would push the auto industry ...more
Crude oil pipelines at the U.S. Department of Energy's Bryan Mound Strategic Petroleum Reserve in Freeport, Texas. (Luke Sharrett/Bloomberg News) The Biden administration announced July 7 that it is purchasing 6 million more barrels of crude oil for the Strategic Petroleum Reserve as it continues to slowly refill the emergency stockpile. The purchases, scheduled for ...more
Yellow also said it had sold a terminal in Compton, Calif., for $80 million. (Yellow Corp.) Yellow Corp. will not have to meet certain financial targets under a deal with its lenders, winning valuable breathing space as the less-than-truckload carrier battles the Teamsters union and the threat of bankruptcy. The company’s share price rose 5.83% ...more
The current 3.9-cent rise in the national average diesel price trails only an 8-cent increase Jan. 23 for this year. (Johnny H5/Getty Images) Diesel prices climbed 3.9 cents to a national average of $3.806 a gallon, according to Energy Information Administration data released July 10. Highlights The diesel price increase was just the sixth of ...more
An overview of the project. The interchange at I-80 and I-25 is a critical freight corridor for local, state and national needs. (i25i80.com) Wyoming officials are eager to start spending a new $13 million federal grant to complete final redesign to modernize where interstates 25 and 80 intersect in the state’s largest and most heavily ...more
Used cars for sale at Big Motoring World's showroom near Chatham, U.K. (Chris Ratcliffe/Bloomberg News) Used car prices in the U.S. fell 4.2% in June, their biggest monthly drop since the early days of the pandemic, as a key measure of inflation eases. Rising interest rates and bigger discounts on new cars are sapping demand ...more
