Yellow estate settles with remaining four pension plans: TT Daily

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The Keys to a Successful Auction: Why Taylor & Martin Rises Above the Competition

Selling over-the-road transportation equipment can be complicated, time-consuming and disappointing if you conduct a private sale on your own. Alternatively, auctions are a strong, strategic option for a fleet owner to refresh their inventory, and Taylor & Martin is the key to ultimate success. Read more…

GOVERNMENT

House advances DERA funding extension

The House Energy and Commerce Committee approved bipartisan legislation to reauthorize a program that aims to retrofit or replace older diesel trucks and engines. Read more…

BUSINESS

Founder of cargo booking platform Freightos seeks new chairman

The founder of cargo booking platform Freightos is calling for a board shake-up including the ouster of Chairman Udo Lange, citing a drop in the company’s share price. Read more…

FUEL

Surging tanker rates signal a deepening global energy crisis

Freight analysis from data intelligence firm Kpler suggests daily earnings for VLCCs will stay above $100,000 a day into next year, more than double historical levels. Read more…

LOGISTICS

Shipping nations warn global trade is fracturing

The armed conflicts, trade wars and extreme weather events hammering maritime supply chains are signs of a “structural shift” for global trade. Read more…

GOVERNMENT

Iran ready for more intense war, won’t relent, official says

Tehran has no intention of backing down in the face of an American naval blockade and attacks on its oil tankers, said the official, who asked not to be identified discussing sensitive matters. Read more…

BUSINESS

Wholesale prices spike in latest sign of stubborn inflation

The Labor Department’s producer price index — which captures inflation before it reaches consumers — rose 5.4% in August from a year ago, up from 4.7% in July. Read more…