US Diesel Climbs 3.2¢ to $2.571, Reversing Five Weeks of Declines
The U.S. diesel average reversed direction and rose 3.2 cents a gallon to $2.571 on May 29, taking back more than half of the decreases from the previous five weeks combined, the Department of Energy reported.
Straight Trucks’ Market Share Gains on Highway Tractors
While the grand total of U.S. Class 8s in operation is growing ever so slightly, there are major shifts within the newest segment of that population, including more straight trucks at the expense of highway tractors, according to a recent report on vehicle registrations.
Former ATA Chairman James McCormick Dies at 92
C. James McCormick, who lunged into trucking and became chairman of American Trucking Associations, died on May 22. He was 92.
Daseke to Begin Employee Stock Grants in June
Flatbed group Daseke Inc. announced some of the details associated with its grant of publicly traded shares to employees, especially drivers.
New DTNA Chief Roger Nielsen Says GHG Rule Will Stick
MADRAS, Ore. — Fleet owners should not expect the truck and engine sections of the federal Phase 2 rule on greenhouse gas emissions to change before implementation starts in 2021, said Roger Nielsen, the CEO of Daimler Trucks North America.
Daimler Trucks North America Opens $18.7 Million Truck Proving Grounds
MADRAS, Ore. — Daimler Trucks North America opened its $18.7 million High Desert Proving Grounds here May 18. It will enable the parent of Freightliner and Western Star Trucks to do more broad-based vehicle testing not far from its Portland headquarters.
Manufacturers Want Trailer GHG Rule Included in Trump Campaign to Roll Back Regulations
The Truck Trailer Manufacturers Association has expanded its offensive against the part of the federal Phase 2 greenhouse gas rule that concerns trailers by asking the U.S. Environmental Protection Agency to consider a Trump administration executive order intended to prune burdensome regulations.
Cummins’ Results Lifted by Construction, Mining
Cummins Inc., a manufacturer of diesel and natural gas engines and other technologies, posted first-quarter increases in profits and sales that were driven by demand from construction and mining customers rather than North American truck engines.
XPO Turns Last Year's First-Quarter Loss Into This Year’s Profit
XPO Logistics turned last year’s first-quarter net loss into a profit of similar magnitude even though revenue was flat, the company said May 3.
Net Loss for USA Truck Accelerates in First Quarter
The first-quarter net loss for USA Truck more than doubled and revenue fell, but the truckload carrier’s new CEO said he intends to return the troubled company to profitability by this year’s third quarter.