Business

The Federal Motor Carrier Safety Administration on Jan. 13 announced this year’s members for its Motor Carrier Safety Advisory Committee, which includes a record number of women as well as its first female vice chair.

The Trump administration is expected to exempt some oil refineries from 2019 mandates to use renewable fuel as it readies possible last-minute moves on U.S. biofuel policy.

U.S. trailer orders in December jumped 140% from a year earlier as they cleared 42,000, ACT Research reported, citing trailer makers’ initial data.

The world’s appetite for U.S. diesel is falling, leaving stockpiles of the fuel at their highest level since early October.

Several recent acquisitions are signaling a robust 2021 for trucking.

U.S. Class 8 retail sales in December cleared 21,000 to reach the high mark for the year, but were off 7.4% from a year earlier, WardsAuto .com reported.

Incoming Senate Majority Leader Chuck Schumer has pressed President-elect Joe Biden to propose more than $1.3 trillion in spending for his initial round of COVID-19 relief, according to a person familiar with the matter.

The incoming Biden administration faces a U.S. economy that appears to be slowing as COVID-19 cases surge.

Saudi Arabia reduced crude oil supplies to at least 11 refiners in Asia and most buyers in Europe after the kingdom volunteered to cut its production by 1 million barrels a day for February and March.

A key measure of prices paid by U.S. consumers cooled in December from a month earlier as slack in the labor market and muted demand helped keep inflation pressures tame.