News
Diesel benchmark moves higher as broader market still shows signs of weakness
Just as the oil markets are getting hit with chatter about how much diesel has fallen relative to crude oil and gasoline, the benchmark used for most fuel surcharges posted its first increase since the end of January. A…
Container shipping sees signs of a bottom (at least, for now)
The Shanghai Containerized Freight Index (SCFI) — a closely watched measure of container shipping spot rates — has just risen for the third week in a row after nine months of continuous declines. The SCFI came in at 1033.65…
Diesel Bumps Up 1.8¢ to $4.116 a Gallon
Diesel’s national average price ended its 10-week run of declines by rising 1.8 cents to $4.116 a gallon, according to Energy Information Administration data released April 17.
House GOP Points to Transportation Record
An update to Federal Highway Administration guidance related to a $1.2 trillion infrastructure law is among key achievements House Republicans are touting.
Secretary Buttigieg to Defend Budget in Congress, Again
Capitol Agenda: Funding leaders in the House will review President Joe Biden's fiscal 2024 budget request for transportation programs on April 20.
Norfolk Southern Near Ready to Reopen Some Tracks in Ohio
Norfolk Southern says it has completed excavation of the impacted soil underneath the south track at the site of the East Palestine train derailment and will finish restoration of the track in the coming days
Tesla Reports Another Fatality Involving Automated Driving
Tesla Inc. disclosed to U.S. regulators another fatal crash involving automated driver-assist systems, bringing its total to 17 since June 2021.
US Tax Breaks Lure European Clean Tech
LONDON — Norwegian startup Freyr will first build batteries to power electric vehicles and store clean energy in a remote town near the Arctic Circle. Up next? An Atlanta suburb.
ZF’s CeTrax Lite Begins Series Production
The CeTrax lite electric central drive adapts what the company learned from developing passenger car drives for use in light commercial vehicles
Only 10 EVs Qualify for Full $7,500 US Tax Credit
Only 10 electric and plug-in hybrid vehicles will qualify for $7,500 federal tax credits after stricter battery-sourcing rules take effect and render most plug-in models ineligible.
