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Updated: 6 min 32 sec ago

US Consumer Confidence Surges to One-Year High on Job Optimism

Tue, 03/30/2021 - 10:15
U.S. consumer confidence rose in March to a one-year high as Americans grew more upbeat about the economy and labor market, a sign that household spending may pick up more broadly in the coming months.

Port of Baltimore Dredging, Expansion Seen as Boon to Economy

Tue, 03/30/2021 - 10:15
Port of Baltimore officials say with the vast jump in imported cargo and tens of millions of dollars in infrastructure improvements, the sprawling facility on the Chesapeake Bay will see rapid growth the next several years.

Daimler’s Legal Risks Around Emissions Linger Ahead of Revamp

Tue, 03/30/2021 - 09:30
Daimler AG shares have soared since the pandemic forced the Mercedes-Benz maker to postpone its annual shareholders’ meeting around this time a year ago. Its chairman’s swan song still will hit some low notes.

Volvo, Aurora Pair for Autonomous Trucking Service

Tue, 03/30/2021 - 09:15
Volvo Group will partner with Aurora Innovation Inc. to develop and commercialize autonomous Class 8 trucks in North America.

Conversation Begins About Who Will Pay for Suez Canal Crisis

Tue, 03/30/2021 - 09:15
The Suez Canal may be open again, but the battle over damages from the waterway’s longest closure in almost half a century is just beginning.

Diesel Drops 3.3¢ for First Decline in 21 Weeks

Mon, 03/29/2021 - 15:45
The national average price of a gallon of diesel dropped 3.3 cents to $3.161 a gallon, the first decline since Nov. 2, 2020.

Oil Rises for Second Day With Focus Moving Toward OPEC+ Meeting

Mon, 03/29/2021 - 15:45
Oil climbed to the highest in almost two weeks as traders looked ahead to this week’s OPEC+ meeting with speculation that renewed demand concerns will spur the group to keep production in check.

Yokohama Tire Promotes Jeff Barna to CEO Among Several Personnel Changes

Mon, 03/29/2021 - 13:45
Yokohama Tire Corp. announced it promoted Jeff Barna to CEO in addition to his role as president, effective March 30. It was one of several organizational moves announced by the company.

Biden Envisions Thousands of Wind Turbines Spinning at Sea to Bolster Grid

Mon, 03/29/2021 - 13:15
The Biden administration is outlining ambitions to dramatically boost offshore wind power in the U.S. by 2030, pushing to drive construction of projects at sea capable of generating enough electricity for more than 10 million American homes.

Crossword Puzzle Solution for March 29, 2021

Mon, 03/29/2021 - 12:30
Here's the solution to the crossword puzzle found in the March 29, 2021 print edition.

Senate Legislation Targets EV Charging Stations

Mon, 03/29/2021 - 11:15
The Securing America’s Clean Fuels Infrastructure Act, recently introduced by a a bipartisan group of senators, would aim to boost investments, including extending current tax incentives for projects through 2029.

World’s Other Major Shipping Pileup Is Still Clogging Trade

Mon, 03/29/2021 - 10:00
Ship congestion outside the biggest U.S. gateway for Asian imports worsened from a week ago, highlighting a headwind facing American companies just as a pileup around the Suez Canal had threatened to tangle Europe’s supply chains.

February Used Class 8 Market Hot, Demand Outpaces Supply

Mon, 03/29/2021 - 10:00
The average price of a used Class 8 vehicle in February rose 17.9% to nearly $50,000 compared with a year earlier, as year-over-year sales rose, too, ACT Research reported.

Willard Nearhoof Honored as Maryland’s Top Driver

Mon, 03/29/2021 - 09:30
Willard Nearhoof, a driver for Pitt Ohio, was selected as Maryland’s 2020 Truck Driver of the Year.

Biden Economic Plan to Focus First on Infrastructure This Week

Mon, 03/29/2021 - 09:00
WASHINGTON — President Joe Biden will lay out the first part of his multitrillion-dollar economic recovery package this week, focusing on rebuilding roads, bridges and other infrastructure, followed by a separate plan later in April addressing child and health care.

Cargo Ship Stuck in Suez Canal Finally Dislodged

Mon, 03/29/2021 - 08:45
SUEZ, Egypt — Workers have successfully set free a colossal containership that for nearly a week has been stuck sideways across the Suez Canal, one of the world’s most crucial arteries for trade, a canal service provider said.

Paccar Parts Participates in Hiring Our Heroes

Fri, 03/26/2021 - 15:30
Paccar Parts reaffirmed its commitment to supporting veterans by participating in the Hiring Our Heroes program.

New ATA Panel Seeks to Strengthen Bond Between Truckers, Law Enforcement

Fri, 03/26/2021 - 15:30
A new panel of truckers will advise American Trucking Associations’ federation on ways to “grow and strengthen” relationships between the trucking industry and law enforcement organizations nationwide.

Rivian Plans EV Charging Network

Fri, 03/26/2021 - 14:45
Electric vehicle maker Rivian Automotive is borrowing a page from Tesla Inc. and building an exclusive, fast-charger network for its coming R1T pickup and R1S SUV.

Truck Makers Outline Steps to Manage Chip Shortage

Fri, 03/26/2021 - 14:15
Production of Class 8 trucks and to a greater degree of medium-duty trucks is at risk as the demand for computer chips exceeds supply in a widening environment of supply chain disruptions.