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A surge in battery metal prices means it could take several years longer for electric vehicles to become as affordable as conventional cars, according to BloombergNEF.

The Biden administration on June 1 will announce $2.1 billion in new funding to bolster food supply chains, including initiatives to expand small- and midsized processing plants, according to a U.S. Department of Agriculture official.

Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp.

WASHINGTON — Focused on relentlessly rising prices, President Joe Biden plotted inflation-fighting strategy May 31 with the chairman of the Federal Reserve, with the fate of the economy and his own political prospects increasingly dependent on the actions of the government’s central bank.

LONG BEACH, Calif. — Students from Juan Rodriguez Cabrillo High School watched transportation leaders at the Metrans International Urban Freight Conference, which met just a few miles from the sprawling Port of Long Beach.

Fleetmaster Express marked the launch of the first two Volvo VNR Electric trucks in its fleet with a ceremony in Arlington, Texas , the company announced May 26. 

The Federal Motor Carrier Safety Administration has extended regulatory waivers related to truckers’ allowable work time, citing continuing public health concerns over COVID-19.

SILVER SPRING, Md. — U.S. consumer confidence edged lower in May as Americans’ view of their present and future prospects dimmed in the midst of persistent inflation.

LONG BEACH, Calif. — Because of the now more than two-year-long COVID-19 pandemic, the freight industry is undergoing an accelerated rate of change.

Some supply strains in the U.S. are easing, two years after a jump in demand started emptying shelves, snarling shipping and sowing the seeds of soaring inflation.