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FedEx Freight trucks

Wall Street analysts offered overall positive initial reactions to the Dec. 19 news that FedEx Corp. plans to by 2026 spin off its LTL division into a separate, publicly traded company.

The Port of Long Beach achieved its busiest November ever by increasing to 884,154 containers from 731,033 last year. This surpasses the previous record for the month set in November 2020.

A Federal Motor Carrier Safety Administration advisory committee met for five hours Dec. 17 to recommend best practices to increase safe parking for truck drivers seeking rest.

OpenStore, which manages more than 100,000 stock-keeping units and serves more than 2 million customers, plans to launch operations at the 113,000-square-foot facility in March 2025.

Any current or former employee or contractor of a vehicle manufacturer, part supplier or dealership may be a whistleblower, NHTSA said.

HARRISBURG, Pa. — Thirty rail freight improvement projects are slated to share $55 million as part of efforts by Gov. Josh Shapiro’s administration to boost infrastructure and economic growth.

SAN ANTONIO — For the second time, Chris Purcell was named Grand Champion at the Rush Enterprises Tech Skills Rodeo. He also captured the annual competition’s top prize in 2021.

Under Rivian and the UAW’s confidential pact, the automaker would adopt a neutral stance toward efforts to organize workers at its Illinois factory where its vehicles are made.

Honda logo

TOKYO — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales.

Trucks fueling at a truck stop

Diesel Price Dips 1.8¢ to $3.476 a Gallon

U.S. diesel prices dipped this week, reflecting a national average decline of 1.8 cents per gallon to $3.476, according to the Energy Information Administration’s Dec. 23 report.

Hyzon trucks

Hyzon to Begin Layoffs in February Without More Funds, Buyer

Hyzon expects to start laying off U.S. employees in February if the hydrogen fuel cell electric truck maker cannot raise more funds or find a buyer, the company said Dec. 20.

NYC congestion

NYC Congestion Pricing Plan Survives Legal Challenge

New York’s controversial congestion pricing project cleared a pair of hurdles as two federal judges declined to put the traffic plan on hold just weeks before it is scheduled to begin.

Editor's Picks
Truck ADAS visualization

Receptiveness to safety technologies depends on the specific technology and the understanding of it. Drivers tend to favor road-facing cameras but dislike cameras aimed at them.

Maersk cargo ship

A slump in international trade, geopolitical conflicts and economic uncertainty created a difficult business environment for the largest transportation and logistics providers in 2023.

Fuel Prices
Week of Dec 23
Down
diesel
Down
1.8¢
Up
gas
Up
0.8¢
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More News
CDL training

South Louisiana Community College is partnering with a state agency and the governor’s office to launch a CDL training program to open truck driving career paths for Black men.

FedEx Freight truck in Arizona

FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded LTL carrier in North America in the process.

U.S. Capitol

The spending bill would keep the government open through March 14, provide disaster relief and give billions of dollars in economic aid to farmers. It will not suspend the national debt limit.