Business

Mexico plans to end crude oil exports in 2023 as part of a strategy by the nationalist government of Andres Manuel Lopez Obrador to reach self-sufficiency in the domestic fuels market.

Japan’s industrial production jumped by a record in November, adding to evidence that a manufacturing recovery from supply chain snags was solidly underway before the omicron variant started to spread around the globe.

Tesla Inc. is in a strong position heading into 2022, with catalysts including robust Chinese demand and new factory openings in the U.S. and Germany, according to Wedbush.

The national average price for a gallon of diesel continued on its downward trend as the end of the year approaches, dropping another 1.1 cents to $3.615 in the Dec. 27 weekly report provided by the Energy Information Administration.

At the Port of Tacoma, leaders hope a new project to build added storage capacity for containers will help operations run more smoothly as ports across the West Coast are now facing a surge with activity resuming.

The trucking industry experienced a surge in acquisitions during the past year, with more expected to occur in 2022.

The announcement that Meera Joshi would depart her post as acting administrator of the Federal Motor Carrier Safety Administration drew words of praise for her service to the transportation industry from American Trucking Associations.

The auto industry is being upended anew in ways that could challenge Aptiv.

Trucking is likely to continue to see a shortage of professional drivers with the underlying causes showing no signs of stopping in 2022.