Business

U.S. wholesale prices advanced in March by more than forecast, reflecting broad increases in the costs of services and goods, a Labor Department report showed April 10 in Washington.

A pair of recent events helped underscore the key role video is playing in fleet operations: Lytx, a video telematics provider, received a $700 million capital infusion from private equity firms; and Penske Logistics launched a video-based safety program in 2,800 of its heavy-duty trucks in its North America operations using equipment from SmartDrive Systems.

The movement of cargo offers vast possibilities for technological innovation, according to Canadian Minister of Transport Marc Garneau.

The Federal Motor Carrier Safety Administration has granted a five-year exemption from the 30-minute rest-break requirement for trucks hauling petroleum products and will allow fuel trucks to operate 12 hours a day without triggering the requirement under certain conditions.

More than a dozen federal agencies agreed to slash the time needed for environmental reviews and permitting on major infrastructure projects, a cornerstone of President Donald Trump’s infrastructure plan.

The U.S. average retail price of diesel rose 0.1 cent to $3.043 as oil remained near $63 a barrel amid ongoing uncertainty over a U.S. trade war with China.

Investors of the world’s biggest oil-servicer providers are so far looking past the most punitive round of U.S. sanctions on Russia.

Pennsylvania will ask Uber Technologies Inc. and any company developing self-driving cars with the same technology onboard to immediately stop testing.

The chances of advancing an infrastructure funding policy measure through Congress this year have worsened. Rep. Joe Crowley (D-N.Y.) emphasized on Fox News Sunday on April 8 the Democrats’ “Better Deal” includes an infrastructure vision quite different from that of President Donald Trump. A look at the week ahead for trucking on Capitol Hill.