The Federal Motor Carrier Safety Administration has issued a proposed rule that establishes financial security requirements for freight forwarders, taking further action on legislation that stretches back more than a decade. The rule defines freight forwarders as “primarily those entities that assume responsibility for the transportation from the place of receipt to the place of ...more

Colonial Pipeline Co. halted operations on a critical conduit that supplies fuel to the U.S. Northeast, the latest disruption to energy flows following an outage on the Keystone oil pipeline in December. Some product was released at Colonial’s Witt delivery station near Danville, Va., prompting the shutdown of its Line 3 Jan. 3, spokeswoman Meredith ...more

Contemporary Amperex Technology Co. Ltd.’s share of the electric vehicle battery market continues to grow, according to the latest data from Seoul-based SNE Research, which show the Chinese company accounted for 37.1% of global sales in the first 11 months of 2022. CATL sold a total of 165.7 gigawatt-hours of batteries in the January-November period, ...more

U.S. manufacturing activity contracted for a second month in December, capping the steepest annual slide in the key factory gauge since 2008 and helping to further tame price pressures. The Institute for Supply Management’s gauge of factory activity fell to 48.4 last month, the lowest level since May 2020 and down from 49 in November, ...more

Drivewyze and Bestpass Inc. have joined forces so fleets can better leverage their toll management and weigh station bypass services, the companies announced Jan. 4. Bestpass provides toll payment and management options for commercial fleets. Drivewyze operates a connected truck services platform and weigh station bypass network. Their partnership is intended to streamline their services ...more

Efforts to improve the Brent Spence Bridge in northern Kentucky took a step forward on Jan. 4 when President Joe Biden announced a nearly $1.4 billion grant toward the Brent Spence Bridge project. The project will separate I-75 traffic from local traffic as well as rehabilitate and reconfigure the bridge, and it was first announced ...more

Biden administration Cabinet secretaries Pete Buttigieg and Jennifer Granholm are headlining this year’s annual meeting of the Transportation Research Board. On Jan. 11, the secretaries of Transportation and Energy, respectively, will share updates about the implementation of a $1 trillion infrastructure law at the gathering in Washington of thousands of stakeholders and enthusiasts. Their session ...more

The average retail price for a used Class 8 vehicle in November inched higher though sales declined by a few hundred units and mileage rose compared with a year earlier, ACT Research reported. The average price for a used Class 8 was just about to go negative on year-over-year values, ACT added. The average price ...more