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Utility Converts Dealer in Michigan

Utility Trailer Manufacturing Co. announced Royal Truck & Utility Trailer, formally Royal Truck & Trailer, is now the full-service Utility dealer for the state of Michigan.

January 4, 2023

China’s CATL Extends Lead as World’s Top EV Battery Maker

Contemporary Amperex Technology Co. Ltd.’s share of the electric vehicle battery market continues to grow, as the Chinese company accounted for 37.1% of global sales in the first 11 months of 2022.

January 4, 2023

Manufacturing Contracts in December for Second Straight Month

U.S. manufacturing activity contracted for a second month in December, capping the steepest annual slide in the key factory gauge since 2008 and helping to further tame price pressures.

January 4, 2023

Drivewyze Partners With Bestpass to Better Align Tolling, Bypass Services

Drivewyze and Bestpass Inc. have joined forces so fleets can better leverage their toll management and weigh station bypass services, the companies announced Jan. 4.

January 4, 2023

Rural Freight Corridors Among $273.9 Million in Grant Funding

The U.S. Department of Transportation has awarded $273.9 million to 12 projects that are designed to improve safety and freight movement on rural roadways in several states.

December 29, 2022

DOT Gets Funding Increase in $1.7 Trillion Federal Budget

The spending budget for the federal government’s fiscal 2023 includes an increase in funding for the Department of Transportation that is higher than the level requested by the White House.

December 28, 2022

Toyota Hits Record November Output, but Shortages Loom

Toyota Motor Corp. said its global output hit a record for November, thanks in part to solid consumer demand, though it warned of an uncertain outlook due to a persistent shortage of semiconductors and spikes in COVID cases in China.

December 28, 2022

Shipping Insurers Back Off of Russia-Ukraine Trade

A host of shipping insurers altered their policies for 2023 to exclude claims linked to Russia’s war in Ukraine, a further sign of the industry’s growing concerns about losses stemming from the conflict.

December 28, 2022

VTNA Adds Young Trucks to EV Dealer Network

Volvo Trucks North America announced it expanded its network of certified electric vehicle dealers into Ohio. Young Trucks, a fourth-generation, family-owned dealership, recently completed the required training and certification program.

December 28, 2022