18 Aug Trailer Orders Keep Climbing in July, Hit 19,300 U.S. trailer orders climbed again in July, reaching 19,300, the most this year, FTR reported. Read more...
18 Aug FMCSA Seeks Survey for Beyond Compliance Program Federal trucking regulators are seeking White House approval to study the effectiveness of various technologies, programs and policies with a goal of allowing the agency to recognize and reward motor carriers that exceed regulatory safety requirements. Read more...
18 Aug Infrastructure Stakeholders to Host Forum in September Groups and institutions consistently urging policymakers to dedicate additional funds for freight and commuter corridors will host “United for Infrastructure,” scheduled for the week of Sept. 14. Read more...
18 Aug Tonnage Declines 8.3% Year-Over-Year in July, ATA Index Shows Truck tonnage in July declined a seasonally adjusted 8.3% when compared with year-ago levels, and on a monthly basis was down 5.1% from June, according to ATA. Read more...
18 Aug Postmaster General Louis DeJoy to Appear Before Senate Over Mail Delays Backlash mounting, President Donald Trump’s embattled Postmaster General Louis DeJoy will appear Aug. 21 before the Senate to testify on mail delivery delays and service changes that lawmakers and others are warning could imperil the November election. Read more...
18 Aug Xos Trucks Secures $20 Million in New Funding Round Fledgling electric vehicle developer Xos Trucks Inc. completed a new round of financing, raising $20 million from a group of investors. Read more...
18 Aug FedEx Joins UPS, USPS in Adding Fees as Holiday Delivery Surge Looms FedEx Corp. is joining a rush to apply extra holiday fees on high-volume shippers as couriers brace for a new jump in residential deliveries during the year-end peak season. Read more...
18 Aug US Housing Starts Surge by Most Since 2016, Permits Climb U.S. home construction starts increased in July by more than forecast and applications to build surged by the most in three decades, indicating builders are responding to robust housing demand fueled by record-low interest rates. Read more...
17 Aug Average Price of Diesel Stays Essentially Flat at $2.427 a Gallon The price of diesel remained essentially flat the past week, dipping one-tenth of a cent to $2.427 a gallon, the Energy Information Administration reported Aug. 17. Read more...
17 Aug US Approves Oil, Gas Leasing Plan for Alaska Wildlife Refuge The Trump administration on Aug. 17 took another step to opening Alaska’s Arctic National Wildlife Refuge to drilling for oil and gas, potentially fulfilling a decadeslong dream for Republicans. Read more...