Latest Articles

Government, Business, Fuel

Diesel Increases 0.4¢ to $2.428 for First Increase in Four Weeks

A transport truck fuels up with diesel

The average price of diesel increased for the first time in four weeks, inching up four-tenths of a cent nationally to $2.428 per gallon on Aug. 10, according to the Energy Information Administration’s weekly report.

Roger Gilroy | Senior Reporter
August 12, 2020
Business

Stocks Briefly Erase Pandemic Losses; Oil Rallies

An electronic board at the Shanghai Stock Exchange.

U.S. stocks briefly surpassed the all-time closing high reached before the coronavirus pandemic, propelled by surging technology shares. The dollar weakened, and Treasury yields rose to five-week highs.

August 12, 2020
Business, Equipment, Breaking News

Class 8 Sales Show Resurgence in July

Kenworths on lot

U.S. Class 8 retail sales in July cleared 14,000 for the highest total since March, WardsAuto.com reported as the freight economy grew stronger.

Roger Gilroy | Senior Reporter
August 12, 2020
Business, Technology, Fuel

Commercial Trucks Pick Up Speed on Road to Sustainability

Nikola tractor

Commercial trucking is making progress with sustainability, but obstacles and unknowns remain, according to a coalition of industry groups.

Connor D. Wolf | Staff Reporter
August 12, 2020
Government, Business, Safety, Logistics

Labor Abuse Allegations Tie Up Ships in Australia Ports

Shipping containers sit at a terminal in Sydney, Australia.

Australian authorities detained at least two cargo ships for alleged labor violations related to demands from seafarers to be sent home, some of whom have spent more than a year at sea.

August 12, 2020
Government, Business, Safety

Planning Group Launches Truck Parking Survey for Phoenix Region

Parked trucks

An organization representing the Phoenix metropolitan area is conducting a study of truck parking issues in the region.

Eleanor Lamb | Staff Reporter
August 12, 2020
Government, Business, Technology

Uber CEO Threatens Future Shutdown in California Over Labor Law

Uber CEO Dara Khosrowshahi.

Dara Khosrowshahi, CEO of Uber Technologies Inc., threatened to temporarily shut down service in California if it loses a drawn-out fight over a state law seeking to reclassify contractors as employees.

Lizette Chapman | Bloomberg News
August 12, 2020
Government, Business, Safety, Logistics

Planning Expert Emphasizes Health Considerations in Public Policy

Older couple getting on bus

Public agencies at all levels of government, including the ones related to transportation, should incorporate health considerations into policy decisions, a planning expert said.

Eleanor Lamb | Staff Reporter
August 12, 2020
Business, Technology, Fuel

Hyperion to Unveil Hydrogen-Powered Supercar, but Needs Investors

The Hyperion XP-1.

With little more than sketches and not fully baked prototypes, a crowd of electric vehicle startups have rounded up billions from investors. Can that fundraising engine drive a hydrogen-powered car?

Kyle Stock | Bloomberg News
August 12, 2020
Government, Business

Trucking Fares Better Than Overall Economy, Experts Say

Trucks on highway

The trucking and freight economy appears to be doing better than the overall U.S. economy as fleets adjust to contend with supply chain changes caused by the COVID-19 pandemic.

Dan Ronan | Associate News Editor
August 12, 2020
Government, Business, Safety

Mnuchin Pushes for Limited Stimulus as Stalemate Persists

Steven Mnuchin wants a limited stimulus bill.

Treasury Secretary Steven Mnuchin renewed a push for a more limited next-round U.S. pandemic relief package of “a little more than $1 trillion” on Aug. 12, saying that Democratic demands for spending more could be discussed down the road.

August 12, 2020
Government, Business, Safety

FMCSA Extends Emergency Relief Declaration to Sept. 14

Truck on highway

The Federal Motor Carrier Safety Administration has again extended its emergency declaration relaxing hours-of-service rules for motor carriers that are providing direct assistance in support of coronavirus-related relief efforts.

Eric Miller | Senior Reporter
August 12, 2020
Business, Technology, Fuel, Autonomous

Tesla Splits Stock to Make Lofty Shares Attainable Again

The Tesla logo is seen at a showroom in San Diego.

Tesla Inc. is splitting its richly valued shares in a 5-for-1 exchange, a move designed to make the stock less expensive for individual investors after the company became the world’s most valuable automaker.

Ed Ludlow | Bloomberg News
August 12, 2020
Government, Business

Inflation Quickened in July on Costs of Vehicles, Apparel

Customers carrying shopping bags exit from a mall in New York.

U.S. consumer prices rose in July by more than expected on a jump in auto and apparel costs, though inflation remained broadly muted as the pandemic suppressed demand.

Olivia Rockeman | Bloomberg News
August 12, 2020
Business, Equipment

Cummins, Navistar Extend Engine Partnership

Cummins-International

Independent engine maker Cummins Inc. and Navistar International Corp. announced Cummins will be the preferred supplier of Navistar’s medium-duty and heavy-duty big bore engines in its International trucks and IC buses in the U.S. and Canada.

Roger Gilroy | Senior Reporter
August 11, 2020
Business, Fuel

Occidental’s Lone Rig Shows Downfall of Permian Basin Oil Giant

A pumpjack in Azerbaijan.

Occidental Petroleum Corp. will have just a single oil rig in the Permian Basin in the second half of the year, illustrating the scale of the shale industry’s pullback and the company’s debt woes.

Kevin Crowley | Bloomberg News
August 11, 2020
Government, Business, Safety

Boeing’s 2020 Gets Worse as Lost Max Orders Top 400

A Boeing 737 Max plane.

Boeing Co.’s lousy year got even worse in July, as lost orders for the grounded 737 Max topped 400 and the coronavirus pandemic stymied shipments of the 787 Dreamliner.

Ryan Beene | Bloomberg News
August 11, 2020
Government, Business, Technology, Equipment, Fuel

Caltrans Turns to Recycled Bottles for Repaving Project

Recycled roadway

The California Department of Transportation is repaving a segment of a state highway using only recycled materials in a pilot project.

Eleanor Lamb | Staff Reporter
August 11, 2020
Business, Equipment

CVG Reports Q2 Net Loss, Lower Revenue

CVG trade show

Commercial Vehicle Group Inc. reported a second-quarter net loss and a decline in revenue as end markets contracted in a difficult quarter marked by the coronavirus pandemic.

Roger Gilroy | Senior Reporter
August 11, 2020
Business, Technology, Autonomous

Hyundai, Aptiv Dub Autonomous Venture ‘Motional,’ Increase Hiring

Motional logo.

Hyundai Motor Group and Aptiv Plc are giving their $4 billion autonomous-driving joint venture a new name and going on a hiring spree to stay competitive in the race to develop self-driving cars.

August 11, 2020