American Teens are Hitting the Road Less
American teens are increasingly delaying getting their driver's licenses, with the share of teenagers aged 16-19 with licenses declining from 64% in 1995 to around 40% in 2021.
The U.S. Chip Industry to Face Shortage of 67,000 Workers by 2030, According to Study
A study by the Semiconductor Industry Association (SIA) and Oxford Economics predicts that the U.S. semiconductor industry will face a shortage of around 67,000 workers by 2030.
Truck Tonnage Index Shows a 2.1% Increase in June
The American Trucking Associations' For-Hire Truck Tonnage Index rose 2.1% in June, following a 1.2% increase in May.
LAX Airport Selects Developer for Groundbreaking Cargo Transformation Project
Los Angeles International Airport (LAX) has chosen a consortium led by Realterm, the largest manager of on-airport air cargo real estate in North America, to undertake a revolutionary cargo improvement project.
Unwavering Shipper Loyalty Remains Amidst Looming UPS Strike Threats
Despite the looming threat of a UPS strike, many companies have not shifted their package volumes to other carriers.
The Geopolitical Climate on the Microchip Supply Chain is Turbulent
The microchip industry plays a pivotal role in various key sectors of the global economy, from computing and telecommunications to military and healthcare.
Port Houston is Anchoring its Future in Houston's Historic Fifth Ward
Port Houston is embarking on a transformative journey by relocating its administrative office to the vibrant East River mixed-use development in Houston's historic Fifth Ward.
Industry Bodies Clash Over Costs and Effectiveness of Truck Underride Guards
The U.S. National Highway Traffic Safety Administration's (NHTSA) proposal for side underride guards on newly built large trucks has led to opposing views from prominent industry bodies.
Prime Day Insights: Unraveling the Supply Chain Implications for Peak 2023
The results of Amazon Prime Day on July 11-12 indicate that Peak 2023 is likely to be a strong and busy season for the supply chain.
The Impact of Wildfires on Logistics and the Supply Chain
Wildfires have significant effects on logistics, disrupting supply chains, transportation networks, and overall business operations.
The US has not gone through a recession
According to a recent report by ISS ESG, a full-blown recession has not occurred, but there has been a lackluster performance in a low-growth environment, coupled with high inflation, interest rates, and tighter liquidity due to a recent banking crisis.
Leasing is a Pathway for Fleets Interested in Electric Vehicles
Leasing companies are offering fleets a pathway to enter the electric vehicle (EV) space and adopt new technologies without the need to invest in their own trucks.
Average US Diesel Prices Rise in Tandem with Climbing Oil Prices
Average U.S. diesel prices have increased to $3.905 per gallon from $3.806 per gallon as of July 24, with all regions experiencing price hikes.
Fostering Diversity is the Key to Success in Transportation, Logistics, and Equipment Finance Industries
Diversity in hiring is crucial for transportation, logistics, and equipment finance organizations.
Federal Reserve Nears 'Soft Landing' with Immaculate Disinflation, But Challenges Persist
The Federal Reserve is on the verge of achieving a rare "soft landing" by curbing inflation without causing a severe recession.
WattEV Launches Public Truck Charging Depot at Long Beach Port
Truck-as-a-Service (TaaS) startup WattEV has opened its first public charging depot at the Port of Long Beach, providing charging services to all truck operators rather than just exclusive fleets.
Port of Oakland Sees Decline in Container Volume in June 2023, Aims for Recovery with Labor Agreement and Improved Operations
The Port of Oakland experienced a decline in total container volume in June 2023 compared to the same month last year.
Automatic emergency braking systems are becoming more common
The development and implementation of autonomous vehicles (AVs) have raised questions about their safety and reliability.
U.S. Climate Law Drives Clean Energy Investment and Manufacturing Boom
The US climate law, the Inflation Reduction Act (IRA), which passed one year ago, has accelerated the adoption of clean energy technology in the country.
Remote Employees Work Longer and More Diligently
The COVID-19 pandemic forced a massive shift to remote work, leading to a surprising revelation that remote employees are not slackers but, in fact, work slightly longer hours than their office-based counterparts.