Renewable fuel production targets are too low to sustain the sector and have resulted in shuttered biofuel companies, a consortium of trade associations stated in a letter to EPA 's Michael Regan.
May 3, 2024Search
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Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
Mullen Group Closes ContainerWorld Acquisition
Mullen Group closed its previously announced acquisition of fellow Canadian business ContainerWorld Forwarding Services, the company revealed May 3.
May 3, 2024XPO Posts Q1 Net Income Rise of 294% Despite Tough Market
XPO Inc. experienced a 294.1% increase in earnings year-over-year despite a soft freight environment during the first quarter of 2024, the company reported May 3.
May 3, 2024Oregon Spends $2.1M in Federal Grant to Train Truck Drivers
Hundreds of newly minted commercial truck drivers are on the road in Oregon thanks to a state group’s decision to allocate a large chunk of a federal grant to driver training.
May 3, 2024Cummins Sees Q1 Income Rise From Sale of Filtration Business
Engine manufacturer Cummins Inc. said its first-quarter bottom line was lifted by the March completion of its divestiture from filtration business Atmus.
May 3, 2024I-95 in Connecticut Closed for Days as Crash Damages Bridge
NORWALK, Conn. — Workers on May 3 began removing a bridge over a Connecticut highway that was damaged in a fiery crash — a project expected to keep both sides of I-95 closed through the weekend.
May 3, 2024Houthis Threaten to Try to Attack Ships in Mediterranean Sea
The Houthi group based in Yemen threatened to start trying to attack ships in the eastern Mediterranean as it steps up a campaign of anti-Israeli assaults.
May 3, 2024EV Makers Win 2-Year Extension to Qualify for US Tax Credits
The Biden administration gave carmakers a partial reprieve in finalizing EV tax credit rules intended to loosen China’s grip on battery materials crucial to the car industry’s future.
May 3, 2024World’s Most Important Oil Price Transformed
After years of skepticism, criticism and trader furore, the world’s most important oil price is working better than ever thanks to an infusion of crude from west Texas.
May 3, 2024Employers Add 175,000 jobs in April in Face of Higher Rates
WASHINGTON — The nation’s employers pulled back on their hiring in April, adding a modest 175,000 jobs in a sign that high interest rates may be starting to take a toll on the economy.
May 3, 2024