General News
Maine’s Coburn Gore Border Port Set for $85M Expansion
Construction is scheduled to begin in the fall of 2026 to update the Coburn Gore land port of entry.
US Oil Demand to Plateau This Year, EIA Says
U.S. oil demand growth is forecast to plateau this year, in the latest bearish indicator for the market, according to the Energy Information Administration.
DOE Studying ‘Soft’ Costs to Deploy EV Charging
The U.S. Department of Energy is studying so-called soft costs of deploying EV charging infrastructure that sometimes are overlooked but can be higher than the basic buildout costs.
VW Scraps German Jobs Guarantee to Cut Costs
Volkswagen is ending job protections for auto workers in Germany as part of its cost-cutting push, setting up a showdown with unions.
UPS to Acquire German Cold Chain Company
UPS is acquiring a German firm that specializes in temperature-sensitive shipping to expand its health care logistics capabilities in Europe, the company announced Sept. 10.
UPS to Lay Off More Employees to Boost Profitability
UPS Inc. is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management ranks.
Most Households Accept East Palestine Derailment Settlement
Very few people who live near the East Palestine, Ohio, train derailment opted out of a $600 million class action settlement.
World’s Top Oil Traders See Boom Years Fade
The world’s top commodity merchants are grappling with a tougher environment for trading oil as seismic market events of the past few years start to lose their impact.
MSC CEO Soren Toft Rules Out New Shipping Alliance
MSC Mediterranean Shipping Co. plans to brave volatile shipping markets on its own, ruling out a new alliance just months before its partnership with A.P. Moller-Maersk A/S ends.
Diesel Price Sheds 7¢ to $3.555 a Gallon
The national average diesel price continued its downward trend, dropping 7 cents to $3.555 per gallon, according to U.S. Energy Information Administration data released Sept. 9.
Jury Issues $462 Million Verdict Against Wabash After Crash
A St. Louis jury has awarded $462 million in damages against Wabash National Corp., finding the trailer manufacturer responsible for the deaths of two men in a 2019 crash.
Port of Galveston Expands to Boost Cargo Capacity by 2026
A $90 million Port of Galveston infrastructure project launched this summer aims to add 30 acres and a long berth by 2026, enabling the Texas facility to handle one-third more cargo.
Francine Heads for Gulf Coast; Oil Drillers Evacuate Crews
Francine is expected to lash parts of the Gulf Coast with powerful winds and heavy rain as it heads for a Sept. 11 landfall as a full-blown hurricane.
Kinedyne Engineered Solutions: Optimize Operational Efficiencies
Explore how Kinedyne Engineered Solutions transform fleet management with cutting-edge innovations. Our advanced curtainside and decking solutions are designed to boost safety, increase productivity, and drive cost savings. Experience the future of efficient fleet operations with Kinedyne.
Driving Cost Savings with RFID and Electronic Tolling
The differences between the collection, cost, and efficiency of toll-by-plate and tolling transponders are stark.
Read the PrePass whitepaper, Driving Cost Savings with RFID and Electronic Tolling and learn how a toll transponder is the best choice when it comes using toll roads, bridges, and tunnels.
US Pushes New Tech Export Rules to Limit China’s Access
The Biden administration plans to impose export controls on critical technologies including quantum computing and semiconductor goods.
Cracking the Code on Worker Sentiment in Trucking
Increasing numbers of trucking companies are turning to artificial intelligence-powered worker sentiment platforms to assess — and act on — employee sentiment in the workplace.
Traffic Fatalities Fall 3.2% in First Half of ’24, NHTSA Says
Early estimates of overall traffic fatalities for the first half of 2024 declined by roughly 3.2% compared with the first half of 2023, according to a new report by the National Highway Traffic Safety Administration.
TMS: The Unsung Hero of Connected Trucking
Mark Hill, CEO of PCS Software, writes about how the TMS is evolving into an ever more sophisticated platform.
OPEC’s Quick Fix Masks Bigger Worry: Too Much Oil Next Year
OPEC+ has staved off an oil surplus this year by deciding to restrain production a little longer. But the temporary fix won’t hold back the supply glut awaiting global markets in 2025.