General News
Class 8 Truck Sales Decline 11.8% as Fleets Delay Purchases
U.S. Class 8 retail sales fell below the prior-year level as buyers continued to wait for a more sustained freight market recovery in April.
Proterra to Offer U.S. Cell Option for Batteries From 2027
Proterra’s Onyx battery platform currently uses cylindrical nickel manganese cobalt lithium-ion cells from LG Energy Solutions, manufactured in South Korea.
FMCSA’s Barrs Highlights Stronger Enforcement at ATA Mid-Year
FMCSA Administrator Derek Barrs emphasized that responsible carriers play a central role in improving safety and identifying those who undermine the system.
Great Dane to Sell Company-Owned Dealerships
Trailer manufacturer Great Dane will sell all 19 company-owned dealership locations, a senior executive confirmed.
PepsiCo to Raise Prices on Small Bags of Chips
In the coming weeks, the soda and snacks maker plans to hike prices by 10 cents to 20 cents on certain single-serve bags that are now retailing for $2.69.
What BUILD America 250 Means for Autonomous Trucking
For the first time, the House Transportation and Infrastructure Committee included a federal policy framework regulating the deployment of self-driving trucks.
EPA Seeks Delay on Stricter Emissions Rules for Certain Vehicles
The EPA has proposed delaying stricter emissions standards for light-duty and Class 3 medium-duty vehicles until model year 2029.
U.S. Crude Oil Inventories Drop by Most on Record
The decline of 17.8 million barrels brings crude inventories to the lowest levels in nearly a year, according to data from EIA.
Stellantis to Develop Cars With Jaguar Land Rover for U.S.
CEO Antonio Filosa has flagged that partnerships will be a key pillar of the company’s strategy going forward.
Oregon Voters Reject Gas Tax Increase as Prices Soar
Democrats had raised the state gas tax by 6 cents a gallon. Republicans responded by launching a referendum campaign to refer the tax and fee increases to voters.
Lowe’s Reports Modest Sales Gain, Affirms Full-Year Forecast
Lowe’s kept its full-year outlook unchanged in the face of higher transportation costs and a muted housing environment.
UN Lowers Forecast for Global Economic Growth in 2026
U.N. economists said global GDP growth is now forecast at 2.5% for 2026, down from 2.7% in January, and it could fall to only 2.1% “in a more adverse scenario.”
Target Posts Strongest Sales Growth in 4 Years
New CEO Michael Fiddelke said he remained guardedly optimistic given where the company is in its operational overhaul.
Oil Prices Fall, but Gasoline Continues to Rise
Brent crude, the international standard, lost $2.89 to $108.39 per barrel. But gasoline prices in the U.S. continued to rise.
DOJ Accuses Chinese Container Makers of Pandemic Price Scheme
The DOJ said it filed criminal charges against four large makers of shipping containers for allegedly colluding to raise prices during the pandemic.
Medium-Duty Truck Sales Fall 18.5% in April
Omdia Automotive found that Classes 4-7 retail truck sales decreased 18.5% to 15,293 from 18,754 units reported during the prior-year period.
FHWA Targets Bridges, Congestion in Infrastructure Projects
Bridge projects are the centerpiece of FHWA's focus on infrastructure investments, Administrator Sean McMaster told business leaders and government officials.
Summer Gasoline Demand Looms as U.S. Refiners Favor Jet Fuel
A global supply crunch has U.S. refineries producing jet fuel at a record pace while skewing output away from gas, setting up a potential production clash.
House Bill Targets Highway Trust Fund Gap
The Eisenhower-era account, which helps states pay for infrastructure maintenance, will be central to upcoming votes on the highway reauthorization measure.
Trucking Gained in Q1 as Supply Tightened, Costello Says
American Trucking Associations Chief Economist Bob Costello warned that trucking faces headwinds even as supply contractions drove first-quarter gains.