US Wants Dutch Supplier to Stop Selling Chipmaking Gear to China
The U.S. is pushing the Netherlands to ban ASML Holding NV from selling to China mainstream technology essential in making a large chunk of the world’s chips, expanding its campaign to curb the country’s rise, according to people familiar with the matter.
July 5, 2022WTI Oil Drops Below $100 as Recession Fears Overwhelm Markets
West Texas Intermediate crude futures dropped below $100 a barrel for the first time since May 11 as concerns grow that a global economic slowdown will ultimately hobble demand.
July 5, 2022Volvo Says Electric, Autonomous Programs Key to Growth
Volvo Group is looking to expand its autonomous and electric truck programs to build market share in its key U.S. market and drive revenue and profits higher, top executives said recently.
July 5, 2022Perspective: Winning Arguments to Attract New Drivers
As the American workforce continues to experience major shifts and fluxes, there’s an opportunity for those of us in the trucking and logistics industries to attract new drivers and workers looking for a post-pandemic change.
July 5, 2022Ford Sales Jump in June on Gains for F-Series Pickups
Ford Motor Co. sales jumped 31.5% in June thanks to big gains from its top-selling pickup truck line, including the electric F-150 Lightning.
July 5, 2022Gasoline Market Is Starting to Cool Down
It’s been a tailwind for oil prices for most of this year, but the previously booming U.S. gasoline market is showing a few signs of cooling off.
July 5, 2022Tesla Pauses Plant Production
A German plant reportedly will take a break this month, in addition to two model lines in Shanghai, Bloomberg reported.
July 5, 2022Florida Seeks to Add Truck Parking Near Miami
Florida is exploring project delivery options in an $18 million plan to add 135 truck parking spaces in a new truck travel center near the Golden Glades interchange and close to Miami.
July 5, 2022Logistics Gauge Shows Economy Downshifting Into Second Half
An indicator of U.S. supply chain pressure fell to the lowest level in two years, as a sharp drop in transportation costs underscores the slowdown in the nation’s economy heading into the second half of the year.
July 5, 2022West Coast Dockworkers Extend Labor Talks
The union representing about 22,000 West Coast dockworkers and their employers will continue negotiations for a new labor contract past the July 1 expiration of their current pact and said the ports — among them the U.S.’s busiest — will keep functioning.
July 1, 2022