The ATRI also found that congestion caused the industry to waste 6.4 billion gallons of diesel fuel, creating more than $32 billion in additional fuel costs.
The trucking industry is still trying to recover from a prolonged freight recession brought on by an excess of capacity that entered the market during the pandemic.
The sale, subject to regulatory approval, will secure 1,000 jobs at Harland and Wolff’s four shipyards, including at the iconic one that built the Titanic in Belfast, Northern Ireland.
The letter urges Buttigieg to implement a program of building a fleet of zero-emission vessels that will incorporate alternative (near-zero-carbon) fuel systems.
UPS Capital says merchants “face a delicate balancing act in meeting these consumer demands: providing expedited delivery while managing rising operational costs.”