Volkswagen Posts Profit Increase, Cautions Against ‘Protectionism’
FRANKFURT, Germany — Volkswagen said its earnings rose in the second quarter on record sales and fatter profit margins but warned that “growing protectionism” is a threat to the globally connected car industry.
August 1, 2018Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Marathon Reports $1 Billion in 2Q Earnings
Marathon executives touted earnings of more than a billion dollars in the second quarter this year and said the oil company is making progress in a proposed merger with a Texas-based refiner.
August 1, 2018Diesel Creeps Up 0.6¢ to $3.226
The U.S. average retail price of diesel crept up 0.6 cent to $3.226 a gallon while crude oil prices jumped higher as Middle East tensions continued.
July 30, 2018What's Next on the Road to Self-Driving Trucks?
Automation in the trucking industry is ramping up quickly. But how will the next levels of automation be deployed? Episode 2 of RoadSigns has the answers. Click to listen.
July 27, 2018New CNG Station Opens in Central Virginia
American Natural Gas announced it opened a fast-fill compressed natural gas station in Lynchburg, Va. The facility will primarily serve CNG tractor-trailers operated from a nearby plant of PepsiCo Inc.’s Frito-Lay division, but it will also be open to the public.
July 27, 2018EPA Reverses Course, Will Enforce Rule Limiting Production of Glider Trucks
U.S. Environmental Protection Agency acting Administrator Andrew Wheeler has reversed a controversial decision made earlier this month that would have allowed the proliferation of glider kit trucks until the end of 2019.
July 27, 2018Daimler AG’s Board Approves Restructuring Aimed at Mastering Rapid Change
Daimler AG announced its board has approved a restructuring, first discussed in 2017, that would create three independent units under Daimler’s umbrella as a holding company after the most thorough due diligence in the company’s 130-year history.
July 27, 201816 States Join Request for Court Review of EPA’s Glider Decision
Attorneys general from 16 states have joined a request that an appeals court review a decision by U.S. Environmental Protection Agency officials to not enforce an Obama-era regulation limiting the production of glider kit trucks to 300 units per manufacturer.
July 24, 2018Big Oil Is Raking in Cash, So Investors Are Asking: Now What?
The dark storm clouds that have been hanging over the oil industry during the crude-price slump have suddenly started raining cash.
July 24, 2018Shuster Unveils Draft Infrastructure Plan
Proposing to raise taxes on fuel, ensuring the long-term solvency of the Highway Trust Fund, establishing a volunteer vehicle miles traveled program, and imposing a tax on bicycle tires are key provisions included in a draft infrastructure plan the top transportation leader in the U.S. House unveiled July 23.
July 24, 2018