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Federal Maritime Commission Reopens Port Chassis Probe

The Federal Maritime Commission has opened a follow-up investigation involving the right of motor carrier choice in chassis provisioning.

July 11, 2024

House Fiscal 2025 Bill Allocates $200 Million for Truck Parking

WASHINGTON — A fiscal 2025 House committee-approved transportation funding bill would dedicate $200 million for expanding parking availability for the nation’s truck drivers.

July 11, 2024

Divided Final Report Issued on Side Underride Protection

Two trucking industry trade groups are criticizing a report issued by members of a specially appointed federal committee on trailer side underride protection as lacking in true consensus.

July 11, 2024

Truck Mirror Shortage Hinders Navistar Second-Quarter Sales

Navistar truck and bus sales in the second quarter of 2024 slumped 31% year-over-year, partly as a result of a shortage of truck mirrors, parent company Traton said July 10.

July 11, 2024

Class 8 Sales Continue Trending Below Year-Ago Period

U.S. Class 8 retail sales experienced their 11th consecutive month of year-over-year declines in June, according to data from Wards Intelligence.

July 11, 2024

Global Oil Demand Growth Slows Further as China Cools

Global oil demand growth slowed to its weakest in more than a year last quarter as the post-pandemic rebound in China fades, the International Energy Agency said.

July 11, 2024

PepsiCo’s Q2 Profits Jump, but Demand Continues to Slip

PepsiCo reported higher-than-expected earnings in the second quarter but customer demand for its snacks and drinks continued to slip.

July 11, 2024

Volvo, Cummins, ZF Win Electric Truck Manufacturing Grants

The Biden administration is set to award Volvo Group, Accelera by Cummins and ZF North America a combined $441 million in grants to upgrade manufacturing facilities.

July 11, 2024

Costco Hikes Annual Membership Fee for First Time Since 2017

Costco Wholesale Corp. is boosting its basic membership fee for the first time since 2017, raising the charge to $65 a year from $60.

July 10, 2024

Vitol, SK Settle California Fuel Rigging Probe for $50M

California Attorney General Rob Bonta said the state reached a settlement with Vitol and SK Energy Americas after it alleged the firms acted together to manipulate local gasoline markets.

July 10, 2024