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Volvo AB, the world’s second-largest truck maker, will set aside $780 million (7 billion kronor) to address a faulty emissions-control component that’s worn out more quickly than expected.

The price of the average used Class 8 truck in November rose by $8,000 to $47,675 compared with a year earlier as inventory tightened, ACT Research Co. reported, noting demand for the vehicles is slowing in some quarters.

To a child, large trucks can seem intimidating and truck drivers might be viewed as tough and unfriendly. A program called Trucker Buddy International helps squash misconceptions by connecting school-aged children with drivers.

The Federal Motor Carrier Safety Administration on Dec. 26 announced it has issued a five-year exemption to Stoneridge Inc. to allow its aftermarket MirrorEye mirrorless digital camera and sensor system to be installed on trucks and motorcoaches as an alternative to traditional mirrors.

Without a doubt, 2018 was a banner year for trucking and almost every other form of freight transportation. Business investment took off, hiring picked up and freight volume soared with both domestic and international shipments sharing in the bounty.

BILLINGS, Mont. — President Donald Trump’s administration miscalculated the potential benefits of putting better brakes on trains that haul explosive fuels when it scrapped an Obama-era rule over cost concerns, The Associated Press has found. A government analysis used to justify the cancellation omitted up to $117 million in estimated future damages from train derailments that could be avoided by using electronic brakes.

A deeper dive into trucking data showed a big year for the industry across three specific sectors, particularly after July. The numbers also portend glad tidings for 2019.

Autonomous vehicle pioneer Anthony Levandowski has formed a new software company called Pronto. Its first aftermarket product, Copilot, provides camera-based self-driving technology for the Class 8 market.

Marangoni Tread North America, a full-service retread products supplier, announced it had begun expanding its tread manufacturing plant in Tennessee.