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Oil Soars Above $66, Highest in Two Years

Oil rallied to the highest in nearly two years in New York after OPEC+ shocked markets with a decision to keep supply limited as the global economy starts to recover from the pandemic-driven slump. ....

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ATA, Road Safe America Join in Speed Limiter Regulation Letter

American Trucking Associations and safety group Road Safe America have sent a letter to Transportation Secretary Pete Buttigieg outlining their support for guidelines for speed limiters for policymakers in Congress and at the Department of Transportation. ....

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FedEx Sets Plan for Carbon-Neutral Operations by 2040

FedEx Sets Plan for Carbon-Neutral Operations by 2040
A FedEx Express electric van. (FedEx Corp.)
FedEx Corp. announced plans to achieve carbon–neutral operations globally by 2040, with vehicle electrification a key tenet of the strategy.
The company on March 3 said it plans to make an initial investment of more than $2 billion in the initiative, with sustainable energy and carbon sequestration joining electric vehicles as the three key areas of focus.
“We have a responsibility to take bold action in addressing climate challenges,” said FedEx CEO Fred Smith. “This goal builds on our long-standing commitment to sustainability throughout our operations, while at the same time investing in long-term, transformational solutions for FedEx and our entire industry.” ....

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Freight Economy Among Priorities of California's Long-Term Plan

Freight Economy Among Priorities of California's Long-Term Plan
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