Fertilizer Stockpiles Swell, Easing Harvest Worries
The fertilizer shortage that threw the agricultural sector into disarray and pushed food costs higher globally may be fading.
June 17, 2022Parts for Trucks Announces Expansion Strategies
Vipar Heavy Duty founding stockholder Parts for Trucks Inc. announced it partnered with private equity firm SeaFort Capital to accelerate growth strategies.
June 17, 2022Hyzon Acquires German Electric Truck and Body Company
Rochester, N.Y.-based Hyzon Motors announced the signing of a definitive agreement to acquire Orten Betriebs and subsidiaries, and Orten Electric Trucks, German manufacturers of innovative truck and trailer bodies for the beverage industry.
June 17, 2022Factory Output Surprises With First Decline in Four Months
U.S. factory production unexpectedly declined in May for the first time in four months, restrained by supply challenges and hints of cooler demand for some big-ticket consumer goods.
June 17, 2022Ryder Expands Freight Brokerage Business
Ryder System Inc. is expanding its freight brokerage business with the addition of new offices, the company announced June 16.
June 17, 2022Cummins Leadership: Hydrogen Has Important Future Role in Trucking
A top executive at engine manufacturer Cummins Inc. believes current high fuel prices could compel fleets to take a longer term look at hydrogen and electric-powered vehicles, and sees opportunity for each one in commercial transportation.
June 16, 2022Record Homes Under Construction Raise Hope of Inventory Boost
U.S. housing starts may have fallen to more than a one-year low in May, but a historic pipeline of homes under construction is seen easing an inventory crunch as those projects come to fruition.
June 16, 2022No Diesel Shortages at TA, CEO Jonathan Pertchik Says
TravelCenters of America CEO Jonathan Pertchik said the company has not experienced a shortage of diesel of late amid tight supplies.
June 16, 2022House Leaders Schedule Hearings for Fiscal 2023 Transportation Funding Bill
Legislation that would fund the U.S. Department of Transportation’s operations through fiscal 2023 will be considered in committee this month in the U.S. House of Representatives.
June 16, 2022Ontario Faces Challenges Enforcing Speed Limiter Law
Challenges in Ontario, Canada, to enforce a truck speed limiter law could portend those that U.S. trucking regulators may face if they implement a speed limiter supplemental proposed rule next year.
June 16, 2022