Business

Truck tonnage rose 4.8% year-over-year in May, according to the monthly American Trucking Associations Tonnage Index, the largest gain since November 2016, echoing sentiments from analysts and trucking executives that the freight market has tightened in recent weeks as people spend more time outdoors.

Nevada displayed its dedication to refining autonomous vehicles, with the passage of and signing of Assembly Bill 69, industry officials said.

The U.S. average retail price of diesel dropped 3.5 cents to $2.489 a gallon, while the stubborn glut of crude caused oil prices to tumble to about $43 a barrel — a range last seen in early August — and into a bear market, experts said.

While it’s no secret that more and more people are shopping online, less obvious is understanding consumers’ buying habits and patterns — which has great relevance for the trucking industry.

U.S. retail sales of Class 8 trucks fell 6.1% in May, but still topped 16,000 units for the highest volume of 2017 as sales started to align with the improvement that orders and production have shown this year, experts said.

UPS Inc. will place its first holiday-season surcharges on U.S. packages, as the world’s largest package-delivery company seeks to defray a surge in year-end costs.

International Truck announced its International LT Series in 6x4, 6x2, and 4x2 configurations now feature Bendix ADB22X air disc brakes as a standard offering on all axles.

Accuride Corp., a supplier of components to the North American and European commercial vehicle industries, announced that it entered into an agreement to acquire Mefro Wheels GmbH.

Amazon.com can ship books, furniture and clothing across the Pacific Ocean in what seems like a blink of an eye. But when it comes to delivering fresh groceries to your doorstep, the e-commerce giant’s logistical prowess falters.