Business
US Diesel Stockpiles Swell as Global Fuel Demand Falters

The world’s appetite for U.S. diesel is falling, leaving stockpiles of the fuel at their highest level since early October.
January 13, 2021TT Podcasts: RoadSigns
Recent Acquisitions Bode Well for Trucking in 2021
Several recent acquisitions are signaling a robust 2021 for trucking.
January 13, 2021December Class 8 Sales Reach High Mark for 2020, Down 7.4% Compared With 2019

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, 2021Schumer Asks Biden to Push for More Than $1.3 Trillion Stimulus

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, 2021COVID-19 Vaccine Key to Restoring Economic Stability, Experts Say

The incoming Biden administration faces a U.S. economy that appears to be slowing as COVID-19 cases surge.
January 13, 2021Saudis Curb Oil Supply to Some Buyers After Vow to Pump Less

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, 2021US Core Consumer-Price Gauge Cools Slightly From Prior Month
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, 2021Paccar Parts Begins Selling Electric Vehicle Chargers
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, 2021Wisconsin DOT Allocates $131.4 Million for Local Governments
The Wisconsin Department of Transportation recently announced $131.4 million in funding has been distributed to communities across the state.
January 13, 2021Substantial Investments Needed for Infrastructure, ASCE Report Says

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