WASHINGTON — The Biden administration is severely underestimating the number of lives that would be saved by truck side underride guards, according to safety and insurance groups, which could block the rollout of a proposed rule mandating such equipment. In an Advanced Notice of Proposed Rulemaking published in April, the National Highway Traffic Safety Administration…
U.S. corporate bankruptcies thus far in 2023 are their highest since 2010, according to a new report from S&P Global Market Intelligence. S&P 500 earnings were down year over year in Q1 and are expected to continue falling in Q2. Financial conditions are tightening, in the form of higher interest rates and more stringent lending…
Welcome to the WHAT THE TRUCK?!? Newsletter. In this issue, what new truck orders say about the market; Optimus returns; Tesla supply chain exec jumps to Rivian; and more. If we’re in a freight recession, why do new truck orders keep going up? U.S. Bureau of Economic Analysis A tell-tale heart — Ryan Detrick, chief…
Battery-electric vehicles won’t get far without the related charging infrastructure. But electrifying an entire fleet involves far more than installing a few outlets or repurposing the power once dedicated to […]
May import numbers are in and yet again, the trend is closely aligned with pre-COVID levels in 2018-2019. But there are two big differences between now and then. Port labor disruptions are now impacting Asian cargo flows to the West Coast and low water levels in the Panama Canal are affecting Asian cargo flows to…