At More Than $4.30 a Gallon, Gasoline Nears Its March Record
Gasoline pump prices in the U.S. are rising to within a hair of an all-time record three weeks ahead of the peak driving season.
May 9, 2022U.S. Xpress Reports Earnings Loss Despite Revenue Gains
U.S. Xpress Enterprises reported revenue growth but a decline in earnings for the first quarter of 2022.
May 9, 2022Senate Panel Advances Water Infrastructure Bill
Legislation designed to enhance funding for the country’s commercial waterways was easily approved by the Senate Environment and Public Works Committee this month.
May 9, 2022Lordstown Motors Again Postpones Deadline for Foxconn Plant Deal
Electric truck startup Lordstown Motors Corp.’s shares sank as much as 19% after it pushed back a deadline to complete the sale of its Ohio assembly plant to Foxconn.
May 9, 2022Volvo Autonomous Solutions, DHL to Partner on Hub-to-Hub Transport
Volvo Autonomous Solutions announced it will offer a new hub-to-hub autonomous transport solution in North America, designed to serve shippers, carriers, logistics service providers and freight brokers.
May 9, 2022Industry Leaders Raise Concern About Proposed EPA NOx Rule
The Environmental Protection Agency is proposing its first new rules governing heavy-truck nitrogen oxide emissions in two decades, but engine manufacturers say the proposals would be difficult to meet and counterproductive because they could slow the move to cleaner technology.
May 9, 2022Rivian Tumbles After Report of Ford Share Sale at a Discount
Rivian Automotive Inc. sank 21% after a media report that Ford Motor Co. is selling 8 million of its shares in the electric-pickup maker at a discount.
May 9, 2022Universal Reports Higher Results in Historic Q1 for Company
Universal Logistics Holdings experienced higher earnings and revenue during a historic first quarter, the company reported May 5.
May 6, 2022FHWA to Extend Inspection Requirements for Bridges
The Federal Highway Administration has issued a final rule that will extend inspection requirements for some of the nation’s bridges from 24 months to 48 months, and in some cases, 72 months.
May 6, 2022FedEx Driver Helped Tariq Woolen Reach His NFL Dreams
FedEx driver Thailand Pierce gets some of the credit for getting Texas-San Antonio cornerback Tariq Woolen to the NFL as the Seattle Seahawks' fifth-round draft pick.
May 6, 2022