Daimler Truck reported net income tumbled 81% and revenue increased 17% in the first quarter as it faced persistent supply chain bottlenecks and passed along rising costs amid increased demand.
May 17, 2022Latest Articles
Government 
Senate Confirms Senior USDOT Officials
Nominees to fill senior roles at the U.S. Department of Transportation recently were confirmed by the Senate. John Putnam was approved to serve as general counsel, and Vicky Wassmer was approved as chief financial officer.
May 17, 2022 Business, Technology, Fuel 
Maker of Smaller, Lighter Electric Motors Attracts Investors
Infinitum Electric, an electric motor maker based in Texas, has attracted $80 million in investment from several major energy-focused firms, enabling it to boost production.
May 17, 2022 Government, Business, Technology, Safety 
Acting FMCSA Chief Robin Hutcheson Says Truck Parking a Top Issue
SCOTTSDALE, Ariz. — The acting head of the Federal Motor Carrier Safety Administration said her agency and trucking are in alignment on top issues confronting the industry, and pledged to work collaboratively with fleets to address them.
May 17, 2022 Government 
Nearly 43,000 Deaths on US Roads in 2021, NHTSA Says
DETROIT — Nearly 43,000 people were killed on U.S. roads last year, the highest number in 16 years as Americans returned to the highways after the pandemic forced many to stay at home.
May 17, 2022 Business, Technology, Autonomous 
Ford-Backed Argo Goes Driverless in Miami, Austin
Argo AI, the driverless startup backed by Ford Motor Co. and Volkswagen AG, has started testing self-driving vehicles in Miami and Austin, Texas, without a human behind the wheel.
May 17, 2022 Business, Fuel 
Gas Tops $4 a Gallon in Every State for the First Time
Gasoline pump prices have risen above $4 a gallon in all states in the U.S. for the first time ever as the last holdouts — Kansas, Oklahoma and Georgia — saw prices rise overnight, according to auto club AAA.
May 17, 2022 Business, Technology, Logistics 
Ryder Expands Last-Mile Delivery Network With Boise Hub
Ryder System Inc. opened a facility in Caldwell, Idaho, as part of a strategic expansion of its last-mile network, the company announced May 17.
May 17, 2022 Government, Business, Technology 
Secretary Walsh Touts Truck Drivers Amid Automation Advances
Truck drivers will continue to provide key contributions to the freight industry as automation is steadily adopted throughout the transportation landscape, Secretary of Labor Marty Walsh said recently.
May 17, 2022 Government, Business, Safety 
Cities Find Easier Access to Infrastructure Funds
While local communities have more access to federal infrastructure funds to improve transportation, rising project costs are creating difficulties.
May 17, 2022 Business, Technology, Equipment, Fuel 
Hydrogen Likely to Be Next Fuel for Trucking, Panelists Say
LONG BEACH, Calif. — Hydrogen fuel cells are being adopted in transit fleets, and trucking is poised to be the second mover with the fuel — and ultimately see a price at production comparable to diesel, experts said at ACT Expo.
May 17, 2022 Business, Logistics 
Home Depot Overcomes Slow Start to Year, Rising Home Prices
Home Depot’s first-quarter sales improved despite a slow spring start, and the home improvement chain raised its full-year guidance.
May 17, 2022 Business, Private 
Walmart Profit Drags as Inflation Takes a Bite
NEW YORK — Walmart reported stronger sales for the first quarter, but its profit took a beating as the nation’s largest retailer grappled with surging inflation on food and fuel and higher costs from a snarled global supply chain.
May 17, 2022 Government, Business, Logistics 
Retail Sales Show Consumers Standing Firm in Face of Inflation
U.S. retail sales grew at a solid pace in April, reflecting broad-based gains and suggesting demand for merchandise remains resilient despite rampant inflation.
May 17, 2022 Government, Business 
Alabama Trucking Association Creates TV Ad Backing Governor’s Re-Election
The Alabama Trucking Association aims to elevate the industry’s visibility in the state’s current election cycle with an ad campaign backing incumbent Gov. Kay Ivey, a candidate the group said has been a key supporter of trucking.
May 17, 2022 Business, Equipment, Fuel 
Rivian Dispute With Seat Supplier Could Delay Production of Amazon Vans
Rivian Automotive Inc. fell almost 7% May 16 on word the electric vehicle startup is in a dispute with a key seat supplier that could jeopardize its delivery van contract with patron Amazon.com Inc.
May 16, 2022 Government, Business, Fuel 
Region Results Mixed, Leading to 1¢ Diesel Drop Nationwide
The national average price of diesel dipped after a two-week surge, dropping 1 cent to $5.613 a gallon, the Energy Information Administration reported May 16.
May 16, 2022 Government, Business, Safety 
ATRI Unveils Top Five Research Areas for 2022
SCOTTSDALE, Ariz. — The American Transportation Research Institute unveiled its top five research areas for 2022 at American Trucking Associations’ annual Mid-Year Management Conference May 16.
May 16, 2022 Business, Logistics, TCA 
Icebreaker Shortage Freezes Up Supply Chain on Great Lakes
CLEVELAND — More than 1.6 million tons of cargo ship carrying capacity was delayed for 28 days due to ice conditions on Lake Superior, Lake Huron, Lake Michigan and in Green Bay. A lack of Coast Guard icebreakers hampered efforts to meet the needs of commerce.
May 16, 2022 Business, Technology, Equipment
Gary McCartney Named CFO for Mack Trucks, VTNA
Gary McCartney was named chief financial officer for Volvo Trucks North America and Mack Trucks, Volvo Group announced May 16.
May 16, 2022