In its Short-Term Energy Outlook report, the Energy Information Administration projects that Brent crude along with diesel prices will see a slight decrease in 2013 and 2014.
EIA projects that the Brent crude oil spot price, which averaged $112 per barrel in 2012, will fall to an average of $105 per barrel in 2013 and $99 per barrel in 2014.
TEC Equipment Inc. announced that it has acquired the Volvo Trucks North America franchise for the western Washington market, including Seattle and the surrounding Puget Sound area, as well as capital assets associated with the previous VTNA franchise holder
Idealease Inc., in partnership with the National Private Truck Council will present safety and compliance seminars in 24 cities in the U.S. and Canada from February through March
The amount of freight carried by the for-hire transportation industry rose 1.7% in November from October, rising after a one-month decline. This information is according to the U.S. Department of Transportation's Bureau of Transportation Statistics' Freight Transportation Services Index.
The November 2012 index level (108.9) was 15.5% above the April 2009 low during the recession
The American Trucking Associations announced the captains of the 2013-2014 America's Road Team. The premier group of professional truck drivers, all with millions of accident-free miles, will spend the next two years representing the trucking industr
Polar Corp. announced that its Quality Trailer Products and Century Wheel & Rim operations are officially doing business as Rockwell American effective Jan. 2
Volkswagen is seeking full control over German truck maker MAN through a "domination and profit and loss transfer agreement," a type of German contract similar to a parent company and subsidiary