Breaking News
Congress OKs $1.9 Trillion COVID Relief Bill
WASHINGTON — The United States Congress has approved a landmark $1.9 trillion COVID-19 relief bill that takes aim at twin pandemic and economic crises that have upended the nation for the better part of a year. The package, which includes funding for transportation corridors, was signed into law by President Joe Biden on March 11.
February Class 8 Sales Flat at 15,369
U.S. Class 8 retail sales in February were 0.6% lower compared with a year earlier, coming in at 15,369, WardsAuto .com reported.
Top Bottlenecks Less Congested Last Year, but Infrastructure Needs Persist, ATRI Finds
Trucks moved more swiftly last year through sections of road that historically are choked with congestion, as the coronavirus pandemic kept vehicles off the road and freed up highways for easier movement of freight, the American Transportation Research Institute said.
Tonnage Dips 2.1% Year-Over-Year in January
January truck tonnage fell 2.1% compared with year-ago levels, but ticked up 1.4% over December 2020 — a continuation of several months’ worth of sequential gains, American Trucking Associations announced.
John O’Leary to Succeed Roger Nielsen as CEO of DTNA
Daimler Truck AG announced it appointed John O’Leary as the next president and CEO of Daimler Trucks North America, the leading truck maker in North America, effective April 1.
February 16, 2021Class 8 Retail Sales Rise 7.7% in January
Class 8 U.S. retail sales in January improved 7.7% compared with a year earlier, reaching 16,844 compared with 15,645 in 2020, WardsAuto .com reported.
Amazon CEO Jeff Bezos to Step Down in Q3
Amazon.com founder Jeff Bezos will step down as the online giant’s CEO but will stay on as executive chairman, the company announced Feb. 2.
Senate Confirms Pete Buttigieg as Transportation Secretary
The U.S. Department of Transportation has a new leader in Pete Buttigieg, a 2020 presidential candidate and the former mayor of South Bend, Ind.
Navistar, GM Cooperate on Fuel Cell System for Class 8 in 2024
Navistar Inc. announced it intends to produce a zero-emission longhaul truck using fuel cell systems supplied by General Motors and will have an International RH Series FCEV model commercially available in 2024.
FedEx Announces Leadership Changes for Freight, Ground Divisions
FedEx Corp. has announced that Lance Moll will be the next president of FedEx Freight. He replaces John A. Smith, who will take over FedEx Ground upon the July retirement of current president Henry Maier.