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Update: Fleets, Suppliers Work to Curb Fuel Card Skimming

Fuel card skimming is on the rise. Read Dan Calabrese's report on what trucking fleets can do to thwart cyber criminals who engage in this high tech theft.

February 13, 2024

Inflation Tops Forecasts in Blow to Fed Rate-Cut Hopes

U.S. consumer prices jumped at the start of the year, stalling recent disinflation progress and likely delaying any Federal Reserve interest-rate cuts.

February 13, 2024

Mack Invests $14.5 Million in Roanoke Valley Expansion

Mack Trucks is investing $14.5 million to expand its manufacturing facility in Roanoke, Va., the company announced Feb. 9.

February 13, 2024

Oregon Trucking Association Sues State Over Excess Taxation

Three trucking companies joined the Oregon Trucking Association in suing the state, saying heavy trucks in the state are paying too much in state weight-mile taxes.

February 13, 2024

US Small-Business Optimism Drops by Most Since End of 2022

U.S. small-business optimism in January suffered the biggest drop since 2022, due to weak profits and sales expectations, according to the National Federation of Independent Business.

February 13, 2024

New Jersey Lawmakers Raise Minimum Insurance

The New Jersey Legislature has passed a law requiring heavy trucks to carry a minimum $1.5 million in liability insurance — double the current federal minimum insurance requirement of $750,000.

February 13, 2024

Top Truck Bottlenecks Mostly the Same, Just More Congested

A familiar congested highway spot in Fort Lee, N.J., outside New York City, once again tops American Transportation Research Institute's list of the nation’s worst trucking chokepoints.

February 13, 2024

Diesel Price Surges 21¢ to $4.109 a Gallon

Diesel's national average price topped $4 for the first time in 10 weeks, rising 21 cents to $4.109 a gallon, according to Energy Information Administration data for the week of Feb.12.

February 15, 2024

XPO Looks to Lower Leverage, May Buy Back Debt Early, CFO Says

Less-than-truckload carrier XPO Inc. is working to reduce its leverage after it purchased assets from Yellow Corp. and might consider buying back some of its debt at par, its finance chief said.

February 12, 2024