Government, Business, Equipment

Forecast Upped for Class 8 Registrations as Fears Ease

New registrations for Class 8 trucks are set to total 249,836 this year, according to S&P Global Mobility, a jump of 12% compared with its expectations at the start of the year.

Keiron Greenhalgh | Staff Reporter
July 10, 2023
Business, Equipment, Fuel

Nikola’s Latest Bid to Secure Funds to Advance FCEV Fails

Nikola’s latest bid to issue more shares and secure the funds needed to advance its Class 8 hydrogen fuel cell truck ambitions failed, it said July 6.

Keiron Greenhalgh | Staff Reporter
July 10, 2023
Government, Business, Fuel

Diesel Prices Drop 3.4¢ to $3.767 a Gallon

Diesel prices dropped another 3.4 cents to a national average of $3.767 per gallon, according to weekly data released by the Energy Information Administration July 3.

Keiron Greenhalgh | Staff Reporter
July 4, 2023
Business, Technology, Autonomous

TuSimple Eyes US Exit, Hires Bankers

TuSimple is exploring strategic alternatives for its U.S. operations, including a sale, which would see the self-driving truck technology provider focus on Asia-Pacific activities.

Keiron Greenhalgh | Staff Reporter
June 30, 2023
Business, Equipment, Fuel

Cummins' 15-Liter Natural Gas Engine in Customer Testing

Cummins has been testing its X15N engine in the U.S. for more than a month, a big step forward for its largest natural gas-powered, heavy-duty trucking powertrain in North America.

Keiron Greenhalgh | Staff Reporter
June 30, 2023
Business, Logistics

Teamsters Break Off UPS Talks, Warn Strike ‘Inevitable’

The Teamsters union gave UPS Inc. a June 30 ultimatum in labor talks after walking away from discussions June 28, warning a nationwide strike “appears inevitable.”

Keiron Greenhalgh | Staff Reporter
June 29, 2023
Government, Business, Technology, Private

Fleets Can Expect Long Timelines for Facility Connections

Facility electrification timelines for  heavy-duty trucking fleets are likely to be more protracted than carrier executives might expect, according to executives at power utilities.

Keiron Greenhalgh | Staff Reporter
June 28, 2023
Business, Logistics

Yellow Sues Teamsters, Alleging Breach of Contract

Yellow Corp. filed suit June 27 against the Teamsters union and certain affiliates alleging breach of contract and accusing the union of causing more than $137 million in damages.

Keiron Greenhalgh | Staff Reporter
June 27, 2023
Government, Business, Fuel, Logistics

Diesel Price Resumes Decline

Diesel prices slipped 1.4 cents a gallon after a one-week interruption to settle at a national average of $3.801, according to Energy Information Administration data released June 26.

Keiron Greenhalgh | Staff Reporter
June 26, 2023
Business, Logistics

Logistics Plus Expands European Operations

Logistics Plus Inc. has acquired Dutch peer Jan Krediet in an effort to expand its European presence, the Erie, Pa.-based logistics service provider said June 22.

Keiron Greenhalgh | Staff Reporter
June 23, 2023