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Diesel Price Drops 7.8¢ to $3.553

The national average diesel price fell 7.8 cents to $3.553 per gallon, according to U.S. Energy Information Administration data released Oct. 21.

October 21, 2024

Volvo Q3 Profit Falls 28.5% on Market Downturn, Mack Issues

Volvo Group profit fell 28.5% in the third quarter of 2024 as a downturn in demand for trucks in both Europe and North America crimped revenue and margin.

October 18, 2024

BMW Recalls 700,000 Cars in China Over Coolant Pump Issues

Models affected include locally made 3 Series and 5 Series vehicles, as well as several imported X Series SUVs.

October 18, 2024

Biden Administration Pledges $2B to Reinforce Electric Grid

The funding for 32 projects is being made available through the Energy Department and will span 42 states. Investments will include utilities damaged by hurricanes Helene and Milton.

October 18, 2024

Tesla’s Full Self-Driving Under Investigation by NHTSA

NHTSA said Oct. 18 it will assess whether Tesla’s system, also known as FSD, has the ability to detect and appropriately respond to fog and other reduced visibility conditions.

October 18, 2024

Housing Starts Fall as Multifamily Projects Tumble

Housing starts decreased 0.5% last month to a 1.35 million annualized rate, according to government data released Oct. 18, after a big rebound in construction in August.

October 18, 2024

Presidential Race Is Too Close to Call, Karl Rove Says

NASHVILLE, Tenn. — This presidential election is a once-in-a-generation contest that will be decided over key policy issues, political strategist Karl Rove told trucking executives.

October 17, 2024

Oklahoma Woman Wins the Last Peterbilt Model 389x Built

NASHVILLE, Tenn. — An Oklahoma woman won Rush Truck Centers’ sweepstakes to give away the last Peterbilt Model 389x produced.

October 17, 2024

Northvolt Close to $300M Deal to Address Cash Flow Issues

A combination of shareholders, lenders and customers are participating in the bridge funding, and the instruments vary among these groups, a source said.

October 17, 2024