Breaking News
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.
Tonnage Up 2.6% in February
Truck tonnage in February rose 2.6% when compared with year-ago levels, according to American Trucking Associations.
US-Mexico Border to Close; Trade Will Keep Moving
Following similar action along the Canadian border, the White House has closed the United States’ border with Mexico to nonessential traffic, but is exempting trade and commerce from the ban.
US to Close Canadian Border; Trade Not Affected
The duration of a temporary ban on nonessential travel between the United States and Canada could be a month, President Donald Trump told reporters at the White House on March 18.
Amazon to Hire 100,000 to Help Meet Coronavirus-Related Order Spike
Amazon .com will hire 100,000 people — and give U.S. workers a $2-an-hour raise — in an effort to meet crushing demand from customers placing online orders for household essentials rather than going to crowded stores.
FMCSA Issues HOS Relief for Coronavirus Assistance
The Federal Motor Carrier Safety Administration has relaxed certain hours-of-service regulations for motor carriers involved in coronavirus-related relief efforts.
Class 8 Truck Sales Fall 22.1% in February
Class 8 U.S. retail sales in February dropped 22.1% to 15,460 compared with a year earlier, WardsAuto. com reported.