Looking to convert its entire U.S. long-haul fleet to renewable power by 2025, Anheuser-Busch, the nation’s largest brewer, has ordered “up to 800” of Nikola Motor Co.’s electric semi-trucks. The trucks are powered by hydrogen fuel cells and will have a range of 500-1,200 miles, Nikola said, and are expected to be rolling as part […]
The trucking and logistics industry has entered a disruptive period in which fuels, propulsion systems and the driving process itself are the subjects of debate. One key question is whether the industry is facing a “robot apocalypse” where self-driving trucks will replace millions of drivers.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending May 5, 2018. For this week, total U.S. weekly rail traffic was 545,937 carloads and intermodal units, up 7.5 percent compared with the same week last year. Total carloads for the week ending May 5 were 265,563 carloads, up 6.4 […]
The Association of American Railroads (AAR) on May 7 filed comment with the Federal Railroad Administration (FRA) and the Pipeline and Hazardous Materials Safety Administration (PHMSA) that call for the U.S. Department of Transportation “to take the same supportive regulatory approach with railroads that it has with automation of trucks and cars.”
Air cargo carriers continued to see airfreight rates improve in April compared with a year earlier. According to the latest figures from data provider Tac Index, carriers offering cargo capacity on services from Hong Kong to North America saw prices increase by 14.8% year on year in April to $3.65 per kg.
A potential trade war between the world’s top trading partners could lead to a drop in container shipping industry’s volumes on the essential leg of a transpacific voyage from China into the US, according to BIMCO.
Imports at the major retail container ports in the US are expected to grow steadily throughout the summer despite the prospect of heavy tariffs on goods from China, the National Retail Federation said.
Oil prices could rally to $100 a barrel next year, a level not seen since 2014, as supply risks in Venezuela and Iran strain global markets, according to Bank of America Corp.
U.S. consumer prices rose by less than forecast in April as costs for automobiles and airfares declined, reducing chances that inflation will run significantly above the Federal Reserve’s target in coming months. The consumer-price index advanced 0.2 percent from the prior month after a March decline of 0.1 percent, a Labor Department report showed Thursday, […]
The economic expansion that began in mid-2009 and already ranks as the second-longest in American history most likely will end in 2020 as the Federal Reserve raises interest rates to cool off an overheating economy, according to forecasters surveyed by The Wall Street Journal. (This article requires a subscription to the Wall Street Journal. To […]
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