Truck maker Paccar Inc. sees the traditional peak-to-peak cycle in the U.S. truck market smoothing amid the industry’s already strong orders backlog that has fleets still waiting to gain slots for 2023 to replace aging trucks that they have to run longer than usual.
June 2, 2022Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Daimler Truck Says Chip Crunch Easing
Daimler Truck Holding AG sees promising signs of moving past the prolonged chip shortage that has beset manufacturers globally, the head of the company’s Mercedes truck brand said.
June 2, 2022Transportation Agencies Face Challenges Spending More for Safety
With billions of dollars in new congressional funding available for transportation regulatory agencies to spend on safety initiatives, several high-level federal officials said leaders must take a hard look at how that money is being spent, and whether there are opportunities to take new approaches to improve highway safety.
June 2, 2022Jeep to Stop Selling ICE-Only Models in Europe by Year-End
Jeep will stop selling vehicles powered only by internal combustion engines in major European countries by the end of the year, Christian Meunier, the brand’s CEO, said June 1.
June 1, 2022Proposal Seeks Increase in Port Diesel Fee
LONG BEACH, Calif. — San Pedro Bay ports charge $10 per container for transport that isn’t by a zero-emission truck, but an environmental group wants to combine a higher fee with incentives to accelerate adoption of cleaner trucks.
June 1, 2022Elon Musk’s Boring Co. Pitched Texas on Tunnels for Cars, People, Water
Before the end of Year One of the COVID-19 pandemic, Elon Musk did something a lot of other people were doing at the same time: He moved. Once in Texas, several of his business ventures followed, including Boring Co., a startup seeking to create underground transportation systems.
June 1, 2022Metal Prices May Set Back Race for Cheaper EVs
A surge in battery metal prices means it could take several years longer for electric vehicles to become as affordable as conventional cars, according to BloombergNEF.
June 1, 2022FedEx-Backed Freightos to Go Public
Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp.
May 31, 2022Fleetmaster Express Celebrates Launch of Two Volvo VNR Electric Trucks
Fleetmaster Express marked the launch of the first two Volvo VNR Electric trucks in its fleet with a ceremony in Arlington, Texas , the company announced May 26.Â
May 31, 2022Pandemic Spurred Change in Industry, Transportation Professionals Say
LONG BEACH, Calif. — Because of the now more than two-year-long COVID-19 pandemic, the freight industry is undergoing an accelerated rate of change.
May 31, 2022