The Federal Maritime Commission has opened a follow-up investigation involving the right of motor carrier choice in chassis provisioning.
July 11, 2024Search
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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, 2024Divided 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, 2024Truck 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, 2024Class 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, 2024Global 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, 2024PepsiCo’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, 2024Volvo, 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, 2024Costco 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, 2024Vitol, 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