Refiner Phillips 66 and Renewable Energy Group Inc. announced they are discontinuing their joint effort to construct a large-scale renewable diesel plant in Ferndale, Wash., citing permitting uncertainties.

The U.S. average retail price of diesel fell 2.7 cents to $3.037 a gallon, the Department of Energy reported Jan. 21.

Meritor Inc. has acquired all the outstanding common shares of Transportation Power Inc., a company focused on developing electrical drive systems and related technology for manufacturers of trucks, school buses, refuse vehicles and terminal tractors.

Medium-duty truck sales in December rose nearly 5% overall compared with a year earlier and annual volume for 2019 was the highest since 2006, WardsAuto .com reported.

Net U.S. trailer orders in December fell to just below 18,000, ACT Research reported.

The U.S. average retail price of diesel fell 1.5 cents to $3.064 a gallon, the Department of Energy reported Jan. 13. Oil plunged more than $5 a barrel as fears of war with Iran faded.

U.S. Class 8 retail sales in December dropped 11.4% compared with a year earlier, but the full year posted the highest annual sales since 2006, WardsAuto .com reported.

Commercial vehicle equipment supplier Meritor Inc. forecast North American Class 8 production is primed for a steep decline in 2020 on the heels of last year’s exceptional market, the strongest in 13 years.

The U.S. average retail price of diesel rose 1 cent to $3.079 a gallon, the Department of Energy reported Jan. 6.