The price of oil keeps edging toward going back below the $100 per barrel mark, bringing fuel prices along for the ride. Crude lost 54 cents in trading in New York on Monday, settling at $102.33 per barrel, hitting near a three-month low
Volvo Trucks recently expanded its network of leasing locations in the United States and Canada to include 10 new sites to better serve customers.
In a complaint unsealed last week in federal court in Brooklyn, N.Y., 11 individuals were charged with conspiracy to commit mail fraud as part of an extensive scheme to let applicants for New York State commercial driver’s licenses cheat on required tests.
The California Air Resources Board announced millions more in funding for state programs to help truckers comply with the state's emissions regulations through its Truck Loan Assistance Program and its Zero-Emission Truck and Bus Voucher Incentive Project.
Following a string of at least slightly encouraging economic reports, two new economic reports are disappointing. U.S. consumer confidence fell this month to a five-month low, while personal spending in August increased for the fourth consecutive month.
U.S.-NAFTA trade carried by truck in July was up 5.3% over last year, according to the latest North American Free Trade Agreement freight data from the U.S. Department of Transportation.
Fuel consumption of new heavy-duty vehicles could be reduced by more than a third by 2025, according to the American Council for an Energy-Efficient Economy, if the next phase of greenhouse gas/fuel economy standards pushes improvements in areas such as trailer aerodynamics and waste-heat energy recovery.