Oil was boosted to near $52 a barrel by a weak U.S. dollar while investors weighed if OPEC and its allies can successfully re-balance the market.
December 17, 2018Search
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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.
Volvo Group Announces Leadership Changes
Volvo Trucks announced on Dec. 12 that Roger Alm will take over leadership of its global operations on Jan. 1, 2019, replacing Claes Nilsson, who is retiring.
December 13, 2018Lawmakers Pitch Infrastructure Proposals Before Next Congress
Sensing the impetus for considering a long-term infrastructure funding bill when the new Congress convenes in less than a month, key House and Senate policymakers have started to outline proposals for what would be a massive piece of legislation.
December 13, 2018Volvo’s Voorhoeve Sees Strong 2019 Truck Market
WASHINGTON — Peter Voorhoeve, the new president of Volvo Trucks North America, predicted another banner year for the truck market in 2019 and voiced a desire to promote more respect for the truck driving profession.
December 13, 2018Replay: LiveOnWeb's 'Plugging Into an Electric Future'
On our Dec. 19 LiveOnWeb program, we were “Plugging Into an Electric Future” as we assessed the rapid escalation of development and deployment of electric vehicle technology. Watch the replay.
December 12, 2018Oil Extends Gain as US Stockpiles Drop and Trade Tensions Ease
Oil extended an advance after a U.S. industry report signaled a bigger-than-expected draw in nationwide crude inventories and as trade tensions eased between the world’s largest economies.
December 12, 2018Hyundai Plans $6.7 Billion Investment to Boost Fuel-Cell Output
Hyundai Motor Group and its suppliers plan to spend $6.7 billion (7.6 trillion won) through 2030 to raise production of fuel cells more than 200-fold as the South Korean automaker targets becoming a key player in new-energy vehicle technology.
December 12, 2018House Panel Examines Draft Legislation for Ethanol Mandates
WASHINGTON — With the current session of Congress quickly coming to a close, the top policymaker on environmental issues in the U.S. House made sure new draft legislation on ethanol mandates he co-authored would see the light of day.
December 12, 2018Volvo Trucks to Introduce All-Electric Version of VNR Model
WASHINGTON — Volvo Trucks will bring electric-powered commercial trucks to North America in 2019 by introducing a battery-electric version of its VNR regional haul model.
December 11, 2018US Holds Steady on Outlook for Domestic Oil Production Rising Despite Lower Prices
The U.S. government left its forecast for domestic crude production unchanged for 2019 even with prices averaging almost $11 a barrel lower than its previous estimate.
December 11, 2018