The average U.S. retail price of a used Class 8 vehicle in July inched past $90,000 to tower over the year-ago price, but it also dipped slightly from the month before to extend the market’s ongoing softening, ACT Research reported.
August 25, 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.
Stakeholders See Opportunity in IRA Clean Truck Measures
Trucking stakeholders see early potential for the industry in clean-air provisions included in the Inflation Reduction Act — mostly as it relates to boosting adoption of zero-emission trucks — but success hinges on how those aspects of the law are ultimately implemented.
August 25, 2022EMA Drops Lawsuit Challenging CARB Rule
The Truck and Engine Manufacturers Association has withdrawn its lawsuit alleging that California environmental regulators did not give truck manufacturers enough lead time to meet the state’s new, more rigid emission standards.
August 25, 2022California Moves Toward Phasing Out New Gas-Fueled Vehicles
SACRAMENTO, Calif. — California plans to require all new cars, trucks and SUVs to run on electricity or hydrogen by 2035 under a policy approved Aug. 25 by regulators that seeks a dramatic cut in carbon emissions and an eventual end to gasoline-powered vehicles.
August 25, 2022Durable Goods Orders Exceed Forecast
Orders placed with U.S. factories for core capital goods rose by more than expected in July, pointing to sustained demand for equipment despite higher interest rates and concerns about a weakening economy.
August 24, 2022Pilot, Kodiak Partner on Autonomous Truck Services
Travel center operator Pilot Co. and automated technology firm Kodiak Robotics on Aug. 23 announced formation of a partnership under which the companies will collaboratively develop autonomous truck services at Pilot and Flying J travel centers across North America.
August 23, 2022Electric Cars Have a Big Tire Conundrum
The Lucid Air Dream Edition travels up to 520 miles on a charge, more than any electric vehicle on the market by a wide margin. If a buyer chooses the larger, 21-inch wheels, however, 39 of those miles vanish — a 7.5% range penalty.
August 22, 2022Wanted: 7,000 Construction Workers for Intel Chip Plants
JOHNSTOWN, Ohio — Ohio’s largest-ever economic development project comes with a big employment challenge: how to find 7,000 construction workers in an already booming building environment when there’s also a national shortage of people working in the trades.
August 22, 2022July Trailer Orders Blow Past 2021’s Low; 2023 Orders Awaken
U.S. trailer orders in July roared ahead compared with a year earlier but slumped compared with earlier months this year, ACT Research reported, citing trailer makers’ final data.
August 19, 2022Gas-Powered Muscle Cars to Turn Electric
PONTIAC, Mich. — Thundering gas-powered muscle cars, for decades a fixture of American culture, will be closing in on their final Saturday-night cruises in the coming years as automakers begin replacing them with super-fast cars that run on batteries.
August 18, 2022