Transport Topics

Many of the largest ports in the U.S. saw year-over-year drops in container cargo in February. The Port of Los Angeles saw a 43% drop, the Port of Long Beach saw a 32% drop, and the Northwest Seaport ...

21 Mar 20232min

FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume. Adjusted earnings this...

20 Mar 20232min

In a letter to U.S. Senate labor leaders, American Trucking Associations President Chris Spear expressed concern about the track record that Labor Secretary nominee Julie Su would bring to the job, sp...

17 Mar 20232min

By a 4-1 vote, the U.S. Surface Transportation Board on March 15 approved the more than $31 billion merger of Canadian Pacific Railway and the smaller but strategically significant Kansas City Souther...

16 Mar 20233min

Electric vehicle manufacturer Rivian and Amazon are in active discussions about ending the exclusivity provision of their delivery van deal, according to multiple media reports. Rivian is trying to re...

15 Mar 20233min

The national average price for diesel slipped 3.5 cents to $4.247 a gallon, according to Energy Information Administration data released March 13. Diesel’s national average price has fallen for the pa...

14 Mar 20233min

U.S. Class 8 retail sales in February jumped 35% from a year ago, and notched a slight increase from the prior month, Wards Intelligence reported. Class 8 sales for the month reached 20,136, easily be...

13 Mar 20233min

Class 8 truck orders rebounded in February, according to ACT Research. The orders in February hit 23,600 units, ending a month-to-month decline that started in October. Preliminary data from ACT showe...

10 Mar 20232min