Volvo, Daimler Sign Binding Agreement for Fuel Cell Joint Venture
The Volvo Group and Daimler Truck AG announced they have signed a binding agreement covering a previously announced joint venture to develop, produce and commercialize fuel cell systems primarily for heavy-duty trucks as well as other applications.
November 3, 2020YRC Posts Narrowed Q3 Loss, Will Change Corporate Name to Yellow
YRC Worldwide Inc. narrowed its losses during the third quarter, announced plans to change its name to Yellow and expanded its board of directors.
November 2, 2020Average Price of Diesel Drops 1.3¢; Oil Prices Plunge
The national average price of diesel dropped 1.3 cents, according to the Energy Information Administration’s weekly data released Nov. 2. The decline, which comes amid tumbling oil prices, is the eighth in the past nine weeks.
November 2, 2020ATA’s New Chairman Sherri Garner Brumbaugh: An Inspiring Leader for Women
On Oct. 28, Sherri Garner Brumbaugh, president of Ohio-based truckload carrier Garner Trucking Inc., was installed as the 76th chairman of American Trucking Associations during its 2020 Management Conference & Exhibition.
November 2, 2020Perspective: Recognizing Trucking’s Character
From Sherri Garner Brumbaugh: It’s been said adversity doesn’t build character, it reveals it. Having worked in trucking for more than three decades, I can safely say 2020 has been a year unlike any other for our industry. We’ve navigated countless obstacles and unforeseen twists and turns over this difficult stretch.
November 2, 2020FMCSA Plans Information Collection on Automated Driving Systems
The Federal Motor Carrier Safety Administration announced plans to submit an Information Collection Request associated with a project to learn more about trucking industry representatives’ opinions of automated driving systems.
November 2, 2020VTNA Issues Windows-Related Recall
Volvo Trucks North America announced a windows-related recall affecting up to 10,736 VNL models manufactured in 2019 from Jan. 14 through Sept. 30.
November 2, 2020OPEC+ Inches Closer to Delaying Output Hike After Russian Talks
OPEC+ inched closer to delaying its January output increase, with Russia actively discussing keeping its current curbs for an extra three months as oil markets weaken.
November 2, 2020FlowBelow to Relocate Texas Headquarters
FlowBelow Aero Inc. announced it will move its Texas headquarters and manufacturing operations from Austin to Round Rock on Dec. 1.
November 2, 2020US Manufacturing Gauge Expands at Fastest Pace Since 2018
U.S. manufacturing expanded in October at the fastest pace in more than two years, fueled by the strongest orders growth since early 2004 and a pickup in employment.
November 2, 2020