Business

FedEx Corp. reported strong fourth-quarter and full-year earnings on June 23 that were close to meeting Wall Street expectations.

A House panel on June 23 approved legislation that would fund operations at the U.S. Department of Transportation for fiscal 2023.

WASHINGTON — A meeting with Energy Secretary Jennifer Granholm to discuss lowering gas prices and boosting domestic oil supplies was constructive, but did not produce a major breakthrough, groups representing the oil industry and refiners said June 23.

Find out where the 2023 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.

Demand in the used Class 8 market is softening, experts said, citing steady declines in both the spot freight volumes and rates that so many buyers of used trucks rely on for a living.

The U.S. Energy Information Administration has had to delay its reporting of fuel prices for the week of June 20.

Trucking is renewing focus on empty miles amid rising diesel prices that lead to greater expense.

Program Aired: June 23, 2022. Over the next two years federal regulators are expected to propose new trucking regulations that will significantly alter the world in which professional drivers, motor carriers, and trucks operate. Precisely how these regulations come about – their timing, cost, and content – are strongly affected by politics, the economy and by you, through your comments to the rulemaking dockets.

The strong pace of imported goods to the nation’s ports continued in May.

A proposal by the U.S. Securities and Exchange Commission that would require public companies to report their greenhouse gas emissions to the agency was criticized in written comments by a handful of truckers and their trade organizations.