New regulations pertaining to overweight trucks are scheduled to take effect in Indiana on July 1.
June 25, 2021Search
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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.
Appeals Court Rules in Favor of U.S. Xpress in Driver Pay Dispute
A U.S. appeals court has issued an opinion in favor of U.S. Xpress Enterprises in a class-action case in which California truck drivers argued they should have been paid for nondriving work time, even while under a piece-rate basis agreement with the carrier to transport a load.
June 24, 2021US Durable Goods Orders Rise 2.3% in May
Orders to U.S. factories for big-ticket manufactured goods rose for the 12th time in the last 13 months in May, pulled up by surging demand for civilian aircraft.
June 24, 2021Some Used Vehicles Now Cost More Than Original Sticker Price
When it was new, the window sticker price on a typical 2019 Toyota Tacoma SR double cab pickup was just under $29,000. Two years later, dealers are paying almost $1,000 more than that to buy the same vehicle, even though it’s used.
June 23, 2021FET on Heavy-Duty Trucks Deters Sales, ATD Says
Industry-led attempts to repeal the 12% federal excise tax on heavy-duty trucks, which also covers trailers more than 26,000 pounds, went — yet again — to Capitol Hill.
June 23, 2021Nikola Invests in Midwestern Hydrogen Plant
Zero-emission truck builder Nikola Corp. has invested $50 million in cash and stock in Wabash Valley Resources in exchange for a 20% equity interest in the clean hydrogen production project WVR is developing in West Terre Haute, Ind.
June 23, 2021Five Star International’s Frederick Scheler Named North American Dealer of the Year
International, the commercial truck brand of Navistar Inc., announced June 15 that it has named Frederick Scheler its 2020 North American Dealer of the Year.
June 22, 2021First Production Model Peterbilt 220EV Goes to Alaska
Peterbilt Motors Co. announced the delivery of the first production Model 220EV to the Department of Solid Waste Services in Anchorage, Alaska. Ordered but not yet delivered was a Model 520EV truck.
June 21, 2021Lineage Logistics to Acquire Cold Storage Operation in Denmark
Lineage Logistics, a global temperature-controlled industrial real estate investment trust (REIT) and logistics provider, announced its intention to acquire the cold storage division of Danish company Claus Sorensen Group.
June 21, 2021Volvo, Northvolt Join Forces on European EV Battery Factory
Volvo Car Group and Swedish battery maker Northvolt AB will jointly build an electric car battery factory in the latest move by European manufacturers to localize cell production in the region.
June 21, 2021