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Government, Business

Fertilizer Stockpiles Swell, Easing Harvest Worries

A worker moves granules of phosphate fertilizer in a storage warehouse in Russia A worker moves granules of phosphate fertilizer in a storage warehouse in Russia. (Andrey Rudakov/Bloomberg News)

The fertilizer shortage that threw the agricultural sector into disarray and pushed food costs higher globally may be fading.

June 17, 2022
Business, Technology, Equipment

Parts for Trucks Announces Expansion Strategies

Vipar Heavy Duty founding stockholder Parts for Trucks Inc. announced it partnered with private equity firm SeaFort Capital to accelerate growth strategies.

June 17, 2022
Business, Technology, Fuel

Hyzon Acquires German Electric Truck and Body Company

Hyzon grille Hyzon via YouTube

Rochester, N.Y.-based Hyzon Motors announced the signing of a definitive agreement to acquire Orten Betriebs and subsidiaries, and Orten Electric Trucks, German manufacturers of innovative truck and trailer bodies for the beverage industry.

June 17, 2022
Government, Business

Factory Output Surprises With First Decline in Four Months

 An American flag hangs at a factory in Fort Worth, Texas An American flag hangs at a factory in Fort Worth, Texas. (Luke Sharrett/Bloomberg News)

U.S. factory production unexpectedly declined in May for the first time in four months, restrained by supply challenges and hints of cooler demand for some big-ticket consumer goods.

Molly Smith | Bloomberg News
June 17, 2022
Business, Equipment, Logistics, For-Hire

Ryder Expands Freight Brokerage Business

Ryder truck Ryder Supply Chain Solutions

Ryder System Inc. is expanding its freight brokerage business with the addition of new offices, the company announced June 16.

June 17, 2022
Business, Technology, Equipment, Fuel

Cummins Leadership: Hydrogen Has Important Future Role in Trucking

Cummins A Cummins engine. (Cummins Inc.)

A top executive at engine manufacturer Cummins Inc. believes current high fuel prices could compel fleets to take a longer term look at hydrogen and electric-powered vehicles, and sees opportunity for each one in commercial transportation.

Dan Ronan | Associate News Editor
June 16, 2022
Business

Record Homes Under Construction Raise Hope of Inventory Boost

Contractors work on a home under construction in Antioch, Calif. Contractors work on a home under construction in Antioch, Calif. (David Paul Morris/Bloomberg News)

U.S. housing starts may have fallen to more than a one-year low in May, but a historic pipeline of homes under construction is seen easing an inventory crunch as those projects come to fruition.

June 16, 2022
Business, Fuel

No Diesel Shortages at TA, CEO Jonathan Pertchik Says

TA Express A TA Express in Kansas. (TravelCenters of America)

TravelCenters of America CEO Jonathan Pertchik said the company has not experienced a shortage of diesel of late amid tight supplies.

Roger Gilroy | Senior Reporter
June 16, 2022
Government, Business

House Leaders Schedule Hearings for Fiscal 2023 Transportation Funding Bill

DeLauro Rep. Rosa DeLauro speaks at a past hearing. (Sarah Silbiger/Bloomberg News)

Legislation that would fund the U.S. Department of Transportation’s operations through fiscal 2023 will be considered in committee this month in the U.S. House of Representatives.

Eugene Mulero | Senior Reporter
June 16, 2022
Government, Business, Technology, Equipment, Safety

Ontario Faces Challenges Enforcing Speed Limiter Law

traffic in Ontario Traffic moves on Kings Highway 401 in Milton, Ontario. (Ken Lund/Flickr)

Challenges in Ontario, Canada, to enforce a truck speed limiter law could portend those that U.S. trucking regulators may face if they implement a speed limiter supplemental proposed rule next year.

Eric Miller | Senior Reporter
June 16, 2022

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