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The move is designed to meet surging demand for more fuel-efficient hybrid vehicles due in part to elevated gasoline prices, echoing rival Toyota’s broad hybrid-only shift on key models across its lineup.
Read full article on Transport Topics ↗Brent crude, the international standard, rose 0.6% to $93.34 a barrel. Prices had eased earlier on signs of resurgent oil supplies from Saudi Arabia.
Read full article on Transport Topics ↗Industry executives expect replacement demand and improving freight conditions to support orders, with some purchases likely deferred rather than canceled.
Read full article on Transport Topics ↗It was not immediately clear what legal authority Trump has to double levies on imports following a Supreme Court decision earlier this year curtailing his tariff powers.
Read full article on Transport Topics ↗One of Canada’s largest oil producers and main railway operators are moving forward with a plan to ship crude oil to the northern British Columbia coast.
Read full article on Transport Topics ↗Lucid secured access to $1.75 billion in added liquidity from its largest investor, providing the troubled maker of EVs with more funding to execute its turnaround plan.
Read full article on Transport Topics ↗A longtime Uber Technologies executive leading engineering efforts for robotaxi partnerships and core services for maps and memberships is leaving the company.
Read full article on Transport Topics ↗The EIA increased its projected retail price of diesel next year to $5.03 a gallon, up from $4.49 a gallon, and gasoline to an average of $3.73 a gallon, up from $3.56 a gallon.
Read full article on Transport Topics ↗The autonomous trucking company is working with Roush to upfit trucks, and despite the delay, still expects to have more than 1,000 trucks ready by the end of 2027.
Read full article on Supply Chain Dive ↗National refrigerated produce volume fell 3% last week and 7% from a year earlier. Mexico crossings through Texas fell 9% The post Reefer Produce Report: Produce volume slips 3% while lane rates run 16% to 51% above last year appeared first on DAT Freight & Analytics - Blog.
Read full article on DAT ↗Reefer spot linehaul rates paid to carriers averaged $2.71 per mile last week, minus fuel, up 1.2%, or $0.03 per The post Reefer Report: Rates firm as truck posts shrink appeared first on DAT Freight & Analytics - Blog.
Read full article on DAT ↗Flatbed spot linehaul rates paid to carriers averaged $2.61 per mile last week, minus fuel, up 0.5%, or $0.01 per The post Flatbed Report: Tightest board gets tighter as truck posts fall 10% appeared first on DAT Freight & Analytics - Blog.
Read full article on DAT ↗Dry van spot linehaul rates paid to carriers averaged $2.23 per mile last week, minus fuel, up 1.3%, or $0.03 The post Dry Van Report: Spot rates climb as month-end freight meets shrinking capacity appeared first on DAT Freight & Analytics - Blog.
Read full article on DAT ↗National refrigerated produce volume rose 3% last week and fell 6% from a year earlier, led by a 16% gain The post Reefer Produce Report: Produce rates run 27% to 51% above last year as California volume falls 8% and Texas jumps 16% appeared first on DAT Freight & Analytics - Blog.
Read full article on DAT ↗Reefer spot linehaul rates paid to carriers averaged $2.73 per mile last week, minus fuel, down 0.9%, or $0.02 per The post Reefer Report: Produce volume rebounds as spot rates ease appeared first on DAT Freight & Analytics - Blog.
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