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Business, Fuel
A tanker truck sits parked at a diesel fuel pump in Princeton, Ill., in April 2020. (Daniel Acker/Bloomberg News)
US Diesel Stockpiles Swell as Global Fuel Demand Falters
A tanker truck sits parked at a diesel fuel pump in Princeton, Ill., in April 2020. (Daniel Acker/Bloomberg News)
The world’s appetite for U.S. diesel is falling, leaving stockpiles of the fuel at their highest level since early October.
January 13, 2021
Business, Logistics, Top 100
Bison Transport (left) and Black Horse Carriers
Recent Acquisitions Bode Well for Trucking in 2021
Bison Transport (left) and Black Horse Carriers
Several recent acquisitions are signaling a robust 2021 for trucking.
January 13, 2021
Business, Equipment, Breaking News
Kenworth trucks on a sales lot. Year-to-date sales were 191,900, down 30.6% compared with 276,348 a year earlier. (John Sommers II for Transport Topics)
December Class 8 Sales Reach High Mark for 2020, Down 7.4% Compared With 2019
Kenworth trucks on a sales lot. Year-to-date sales were 191,900, down 30.6% compared with 276,348 a year earlier. (John Sommers II for Transport Topics)
U.S. Class 8 retail sales in December cleared 21,000 to reach the high mark for the year, but were off 7.4% from a year earlier, WardsAuto .com reported.
January 13, 2021
Government, Business
Senate Minority Leader Chuck Schumer speaks during a news conference at the Capitol on Jan. 6. (Ting Shen/Bloomberg News)
Schumer Asks Biden to Push for More Than $1.3 Trillion Stimulus
Senate Minority Leader Chuck Schumer speaks during a news conference at the Capitol on Jan. 6. (Ting Shen/Bloomberg News)
Incoming Senate Majority Leader Chuck Schumer has pressed President-elect Joe Biden to propose more than $1.3 trillion in spending for his initial round of COVID-19 relief, according to a person familiar with the matter.
January 13, 2021
Government, Business, Safety
Colorado Gov. Jared Polis signs for delivery of the state's first shipment of Pfizer's COVID-19 vaccine Dec. 14, 2020. An estimated 36% of the 27.7 million doses distributed in the U.S. have been administered. (David Zalubowski/Associated Press)
COVID-19 Vaccine Key to Restoring Economic Stability, Experts Say
Colorado Gov. Jared Polis signs for delivery of the state's first shipment of Pfizer's COVID-19 vaccine Dec. 14, 2020. An estimated 36% of the 27.7 million doses distributed in the U.S. have been administered. (David Zalubowski/Associated Press)
The incoming Biden administration faces a U.S. economy that appears to be slowing as COVID-19 cases surge.
January 13, 2021
Government, Business, Fuel
The Gemini Star oil tanker, owned by a subsidiary of Saudi Aramco, is seen with a tug boat. (Dana Smillie/Bloomberg News)
Saudis Curb Oil Supply to Some Buyers After Vow to Pump Less
The Gemini Star oil tanker, owned by a subsidiary of Saudi Aramco, is seen with a tug boat. (Dana Smillie/Bloomberg News)
Saudi Arabia reduced crude oil supplies to at least 11 refiners in Asia and most buyers in Europe after the kingdom volunteered to cut its production by 1 million barrels a day for February and March.
January 13, 2021
Government, Business
Shoppers walk through the Easton Town Center Mall in Columbus, Ohio. (Luke Sharrett/Bloomberg News)
US Core Consumer-Price Gauge Cools Slightly From Prior Month
Shoppers walk through the Easton Town Center Mall in Columbus, Ohio. (Luke Sharrett/Bloomberg News)
A key measure of prices paid by U.S. consumers cooled in December from a month earlier as slack in the labor market and muted demand helped keep inflation pressures tame.
January 13, 2021
Business, Technology, Fuel
Paccar electric charger with Kenworth K270E and Peterbilt 220EV trucks. (Paccar)
Paccar Parts Begins Selling Electric Vehicle Chargers
Paccar electric charger with Kenworth K270E and Peterbilt 220EV trucks. (Paccar)
Paccar Parts announced it is making available to customers electric vehicle charging stations designed to be compatible with Paccar Inc.’s Kenworth Truck Co., Peterbilt Motors Co. and DAF electric trucks.
January 13, 2021
Government, Business
Traffic on I-39/90 during a road project. (Wisconsin DOT)
Wisconsin DOT Allocates $131.4 Million for Local Governments
Traffic on I-39/90 during a road project. (Wisconsin DOT)
The Wisconsin Department of Transportation recently announced $131.4 million in funding has been distributed to communities across the state.
January 13, 2021
Government, Business, Safety
A TransAm Trucking vehicle crosses an Interstate 40 overpass in Del City, Okla. (Oklahoma Department of Transportation)
Substantial Investments Needed for Infrastructure, ASCE Report Says
A TransAm Trucking vehicle crosses an Interstate 40 overpass in Del City, Okla. (Oklahoma Department of Transportation)
Failure to invest in long-term infrastructure upgrades will likely result in trillions of dollars in lost business productivity, ASCE said in a new report.
January 12, 2021