The cost of traffic congestion increased in 2016 to an average of $1,400 for U.S. drivers, as congestion worsened in Los Angeles, which has become the most congested city in the world, according to the Inrix Traffic Scorecard.
Lytx has increased subscriptions for its video-based telematics system by more than 25% in global markets in the past year since being acquired by private equity firm GTCR, the company announced.
Following Navistar International’s annual shareholder meeting on Feb. 14, the board of directors has elected company president and CEO Troy A. Clarke as its chairman.
Class 8 truck orders hit a 13-month high in January at 22,188 units, rebounding from poor 2016 numbers for the second and third quarter, according to ACT Research.
Trailer orders in January increased 92% compared to the same month of 2016 but were down slightly from December's orders, according to ACT Research.
Intermodal rates rose in January by the largest amount in more than two years, while truckload linehaul rates retreated, according to one measure.
A preliminary look at economic conditions in the U.S. manufacturing sector during February shows they improved at a slightly slower pace than the 22-month peak seen during January.
Dealer group Rush Enterprises opened a Rush Truck Center in Farmington, New Mexico, to strength the company’s service capabilities in the region.