Government

Panama Canal officials say limiting how many ships can go through the waterway could have downstream effects on U.S. trucking like slowdowns and bottlenecks.

Higher interest rates are expected to slow inflation and the U.S. economy during the remainder of 2023 and into 2024, before the Federal Reserve reverses course and cuts interest rates.

Used trucks and trailers owned by bankrupt Yellow Corp. are set to come up for auction in unprecedented numbers, but the market can handle it, say observers.

Florida has started to dig out from the aftermath of Idalia, which weakened to a tropical storm even as it brought heavy rain across Georgia and the Carolinas.

Navistar’s International SuperTruck II achieved a 60% reduction in weight compared with the baseline model due to a composite cab and trailer box, TPI Composites said.

Alternatives for reducing emissions that go beyond a federal regulatory push to expand use of battery-electric  trucks exist for both near- and longer-term applications, experts said.

Hurricane Idalia made landfall Aug. 30 in Florida as a Category 3 storm and unleashed devastation along a wide stretch of the Gulf Coast.

Traffic fatalities declined by an estimated 3% during the first six months of 2023 while miles traveled by U.S. motorists increased 2.3% across the same period of time, a new report found.

The economy expanded at a 2.1% annual pace from April through June, showing continued resilience in the face of higher borrowing costs, the government said Aug. 30.

Federal trucking regulators are seeking public comment on a proposal to modify the current three-tier safety motor carrier fitness rating structure, including a review of data and other resources.