A wobbly log truck was caught on video losing its load and toppling over on a winding road right in front of a motorist. The video starts with a motorist filming the wobbly log truck as it navigates a winding road on a dreary day. The semi truck makes it through several curves – barely ...more
Diesel Prices Surge as Israel-Iran War Pressures Market
A person refuels a truck with diesel fuel at a Petron Corp. gas station near West Port Klang, Selangor, Malaysi. (Samsul Said/Bloomberg) Diesel prices kept rising on June 17 as concerns about Middle Eastern supplies — a consequence of the Israel-Iran conflict — piled pressure on an already tight market. The premium of benchmark futures ...more
FedEx Freight Opens Indianapolis-Area LTL Terminal
The Greenwood, Ind., facility increases FedEx Freight’s door count in the Indianapolis market to 377 from 252. (FedEx Freight) FedEx Freight opened a service center in Greenwood, Ind., at the end of May, the carrier said. FedEx Corp.’s less-than-truckload division now has 323 terminals nationwide with the latest facility opening plus 13 relay locations. The ...more
Diesel Price Rises 10¢ to $3.571 a Gallon
The current price increase is the largest since a 6-cent gain the week of May 19. (Andyborodaty/Getty Images) The national price of diesel climbed a dime to $3.571 a gallon, according to U.S. Energy Information Administration data released June 17. The increase is largely due to escalating tensions in the Middle East and their effects ...more
Medium-Duty Truck Sales Fall for 9th Time in 12 Months
Isuzu's N-Series Diesel. Isuzu led Class 4 with 740 sales in May. (Isuzu) U.S. medium-duty truck sales fell below prior-year levels again in May, marking the ninth time in 12 months that sales have declined year over year, according to data from Wards Intelligence. Classes 4-7 retail truck sales for the month decreased 9% to ...more
Retail Sales Fall 0.9% in May as Americans Turn Cautious
An auto dealership in Totowa, N.J., displays a Tariff Free sign in April. (Ted Shaffrey/AP) WASHINGTON— Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports. Sales at retail stores and restaurants dropped 0.9% ...more
Honda Debuts Four-Wheeled E-Bike for Last-Mile Delivery
The Fastport eQuad prototype has undergone pilot testing in New York City. (Honda) Move over bicycle couriers, Honda Motor Co. wants to use bike lanes for a new fleet of four-wheeled electric delivery vehicles. The Japanese automaker said June 17 it plans to start small-scale production this year of an all-electric quadricycle, called the FastPort ...more
Carney Says Canada, US Targeting Trade Deal Within 30 Days
Mark Carney shakes hands with Donald Trump during an arrival ceremony during the Group of Seven Summit in Kananaskis, Alberta, on June 16. (Ludovic Marin/AFP/Getty Images) Prime Minister Mark Carney said Canada and the U.S. are aiming to strike a trade deal within a month, a goal set during a meeting with President Donald Trump ...more
States Warn of Texting Scams Over Bogus Unpaid Tickets
(RapidEye/Getty Images) A broad collection of states are warning residents about scams under which victims receive text messages purported to be from state motor vehicle agencies seeking payment for fraudulent traffic violations, and which threaten revocation of driver’s licenses for noncompliance. “Scammers took note of the toll text scams that were everywhere a couple months ...more
Canada Business Group Pushes for Pipeline Expansion in Mexico
Due to a growing network of pipelines, Mexico’s reliance on gas from Texas sharply scaled up beginning around 15 years ago as U.S. shale projects took off. (Waldo Swiegers/Bloomberg News) Canadian companies could help Mexico reduce its lopsided dependency on imported U.S. natural gas by maximizing its own domestic supplies of the fuel, according to ...more