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Fed’s Powell: Elevated Inflation Will Likely Delay Rate Cuts

WASHINGTON — Federal Reserve Chair Jerome Powell cautioned April 16 that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year.

April 16, 2024

Interactive Map: 2024 NTDC Grand Champions by State

Click on a yellow state to see when its event is scheduled; a green state to see who was named grand champion.

August 23, 2024

March Medium-Duty Sales Hit Five Months of Gains

U.S. retail sales for medium-duty trucks hit their fifth consecutive month of year-over-year gains in March but at a lower rate of 0.7%, according to data from Wards Intelligence.

April 16, 2024

Amazon Prime Memberships in US Gain 8% to New High

Amazon.com Inc.’s Prime subscription service hit a new high of 180 million U.S. shoppers in March, up 8% from a year earlier, according to Consumer Intelligence Research Partners.

April 16, 2024

Volvo CTO: Society to Help Decide Zero-Emission Vehicle Mix

GOTHENBURG, Sweden — The dominant choices for zero-emission commercial vehicles will ultimately be decided by truck buyers, executives from Volvo Group said.

April 16, 2024

Ohio Turnpike Completes Open-Road Tolling Project

A new tolling system featuring open-road tolling lanes is complete along the 241-mile stretch of the Ohio Turnpike, signaling the end of its largest construction project in its history.

April 16, 2024

Motive Announces Array of AI Products, Services

NASHVILLE, Tenn. — Motive has announced an array of AI products and services designed for driver safety and greater visibility and control over motor carrier and other related operations.

April 16, 2024

2024 NTDC

Complete coverage of the 2024 National Truck Driving Championships and Step Van Driving Championships, as well as the state events that served as qualifiers.

April 16, 2024

Port of Portland to End Terminal 6 Cargo Container Handling

The Port of Portland will shut down its cargo container handling operation at North Portland’s Terminal 6, saying an effort to lease the site to a third-party operator had fallen through.

April 16, 2024