Breaking News
Class 8 Sales in May Fall to Lowest Point Since 2011
U.S. Class 8 retail sales in May tumbled 62.5% — during the heart of the novel coronavirus pandemic — to just above 9,000 compared with a year earlier, WardsAuto.com reported.
April Tonnage Down 11.3% Year-Over-Year
April truck tonnage declined 11.3% compared with year-ago levels, the steepest year-over-year decline since 2009, American Trucking Associations reported.
FMCSA Publishes Final HOS Rule, Granting Flexibility to Drivers
The Federal Motor Carrier Safety Administration has published its long-awaited final rule on changes to hours-of-service regulations in a move intended to increase flexibility for truck drivers.
Class 8 Sales Fall 47.4% in April
Class 8 U.S. retail sales in April plunged 47.4% as freight demand plummeted amid the novel coronavirus pandemic, WardsAuto.com reported.
FMCSA Adopts Crash Accountability Program
The Federal Motor Carrier Safety Administration on May 1 announced that effective immediately it is making permanent a pilot program that will not count a crash in which a motor carrier was not at fault when calculating the carrier’s safety measurement profile. It also is expanding the types of crashes that may be considered.
Truck Tonnage Up 4.3% Year-Over-Year on Coronavirus Surge
Truck tonnage rose 4.3% year-over-year in March on gains in selected business sectors, according to American Trucking Associations.
Daimler Truck AG, Volvo Group Plan Joint Venture on Hydrogen Fuel Systems
Global truck manufacturers Daimler Truck AG and Volvo Group have reached a preliminary agreement on a joint venture to develop, produce and commercialize fuel cell systems in heavy-duty vehicles by the second half of the decade.
Oil Price Turns Negative in Historic First; Diesel’s Decline Continues
The price of oil dropped to its lowest level in history April 20, sinking into negative pricing as oil supplies are beginning to overwhelm the globe’s storage capacity.
Trump Praises Trucking Industry’s Pandemic Response at White House Event
President Donald Trump commended America’s truckers for their dedication while serving as essential workers on the front lines of the coronavirus pandemic during a presentation at the White House April 16.
March Class 8 Sales Near Replacement Levels
U.S. Class 8 retail sales in March fell 27.8% compared with a year earlier, WardsAuto .com reported.