Kenworth Sees Electric Truck Interest Grow Rapidly
SUNNYVALE, Calif. — Paccar is pushing quickly into electric trucks, planning models that range from delivery box trucks to Class 8 tractors, including a hydrogen fuel cell version mated to an electric drivetrain.
January 13, 2022Supreme Court Halts COVID-19 Vaccine Rule for Large US Businesses
The United States Supreme Court on Jan. 13 blocked enforcement of the Biden administration’s proposed sweeping vaccine rules, which would have required companies with more than 100 employees — including trucking companies — to ensure workers receive a COVID-19 vaccine or undergo weekly testing and wear a mask.
January 13, 2022FMCSA Sets Up Apprenticeship for Young Drivers
The Federal Motor Carrier Safety Administration has formally announced establishment of the truck driver apprenticeship program that was included in last year’s sweeping $1 trillion infrastructure bill, an initiative that will train candidates younger than 21 to drive in interstate commerce for the first time ever.
January 13, 2022Ford Market Value Tops $100 Billion on Surging Electric Vehicles
Ford Motor Co.’s market value topped $100 billion as investors bet on the 118-year-old automaker’s prospects in the dawning electric age.
January 13, 2022Wholesale Prices Jumped 9.7% in 2021
Prices at the wholesale level surged by a record 9.7% for all of 2021, setting an annual record and providing further evidence that inflation is still present at all levels of the U.S. economy.
January 13, 2022Canada Joins Mexico in Complaint Over US Car-Origin Rules
Canada is joining Mexico in formally disputing how the U.S. interprets rules governing the origin of vehicle parts under the trilateral trade agreement between the countries.
January 13, 2022Initial Jobless Claims Rise to Highest Since Mid-November
Applications for U.S. state unemployment insurance rose unexpectedly for a second consecutive week to the highest in two months, suggesting that the recent surge in COVID-19 cases could be leading to dismissals.
January 13, 2022Shanghai Woes: Congestion Grows at World’s Biggest Port
Ships looking to avoid COVID-induced delays in China are making a beeline for Shanghai, causing growing congestion at the world’s biggest container port.
January 13, 2022Class 8 Sales in December Climb to High Point of 2021
Class 8 U.S. retail sales in December rose 15.5% compared with a year earlier, and reached the high point for the year, WardsAuto .com reported Jan. 12.
January 12, 2022Inflation Shows More Staying Power After Hitting 7% in 2021
U.S. consumer prices are likely to extend their eye-popping gains after soaring last year by the most in nearly four decades, further burdening Americans and ramping up pressure on policymakers to act.
January 12, 2022