Shares of truck maker Volvo AB dropped as much as 5.9% in Stockholm on news that China’s Zhejiang Geely Holding Group had sold the entirety of its Class B shares, worth about $1.3 billion.
April 19, 2024Search
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Jim Nebergall of Cummins discusses the fuel-agnostic engine that can adapt to multiple fuel types and cut emissions without sacrificing performance.
Tesla Recalls 3,900 Cybertrucks to Repair Faulty Pedals
Tesla Inc. recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that can dislodge and cause the vehicle to unintentionally accelerate, increasing risk of a crash.
April 19, 2024Weather Sensors Will Aid Autonomous Trucks in Fort Worth
The federal government awarded Fort Worth, Texas, $2 million to test weather sensors on autonomous freight truck routes.
April 18, 2024Report: Drug Clearinghouse Creates Advantages, Challenges for Industry
On Nov. 18, the Federal Motor Carrier Safety Administration will start notifying state licensing agencies when a driver licensed in a state is newly prohibited in the Drug & Alcohol Clearinghouse.
April 18, 2024Maryland Leaders Push for Federal Aid
The governor of Maryland in pointed remarks challenged federal lawmakers to see for themselves the devastation wrought by the collapse of the Francis Scott Key Bridge.
April 18, 2024Capitol Hill Republicans Press Acting Labor Secretary Su
During a U.S. House subcommittee hearing with acting Labor Secretary Julie Su on April 17, a Republican lawmaker on the panel raised concerns about a federal employee classification rule.
April 18, 2024A Weakening Diesel Market Is Becoming a Problem for Oil
The global diesel market is deteriorating, a concerning economic signal and food for thought for bullish oil traders.
April 18, 2024March Trailer Orders Continue Year-Over-Year Declines
U.S. trailer orders for March declined on both an annual and monthly basis, ACT Research reported.
April 18, 2024Philadelphia Judge Rejects $25M Jury Verdict in Truck Crash
A state judge of the Philadelphia Court of Common Pleas in March erased a “clearly inappropriate” $25 million jury verdict for punitive damages in a 2019 truck-involved accident lawsuit.
April 18, 2024US Has a Fast EV-Charging Station for Every 15 Gas Stations
Automakers may be pumping the brakes on EV production in the U.S., but charging challenges — traditionally a major hurdle to adoption — are vanishing at a rapid clip.
April 18, 2024