Editor’s Picks
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Navistar’s new internal combustion engine will be its last
Navistar’s S13 integrated powertrain will be the truck manufacturer’s last internal combustion engine as the trucking industry decarbonizes.
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The plunge in dry bulk shipping: Ominous signal on China’s economy?
Rates and sentiment in dry bulk shipping have fallen hard. Economic pressures in China appear to be a major culprit.
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Penske’s outlook seen as improved by S&P Ratings, debt rating holds steady
A report by S&P Ratings keeps Penske’s debt ratings at its current level, but the outlook is improved.
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Port projects pull in nearly $57M in infrastructure grants
Inland port projects and rail cargo handling facilities are among the projects awarded grants through the Department of Transportation’s RAISE program.
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BigCommerce turns on buy-now, pay-later options for merchants
BigCommerce will offer Affirm buy-now, pay-later payment options to its merchants.
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Trailer replacement cycle stretched further as July orders drop
When the 2023 orderbooks for trailers finally open, the suppressed booking numbers will flip in a hurry, but that isn’t happening yet.
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Benchmark diesel price down almost 90 cents after 8th straight drop
The benchmark diesel price published by the Department of Energy has now dropped for eight straight weeks.
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Five years on Wall Street: Shipping’s exits, arrivals, whales and minnows
The latest shipping company poised to delist has a market cap of $3.5 billion. The latest new entrant’s market cap is under $20 million.
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FedEx Ground contractor backs off request for broad financial reimbursements
FedEx Ground contractor Spencer Patton has backed off a request for a 50-cent increase per stop and a 20-cent-per-mile hike for solo and team runs…
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Trucking fuel costs and retail pump prices aren’t marching in lockstep
An annual ATRI survey reflects the weakening correlation between retail diesel prices and actual trucking fuel costs.
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