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Electric vehicle stocks, which were hit hard this year as investors shifted out of growth industries, are getting a boost as President Joe Biden mounts a major push to accelerate the adoption of battery-powered cars, and Chinese peers report strong March sales.

Neglecting basic maintenance for fleet trucks to decrease downtime has seriously negative consequences, especially when braking systems are the components being neglected. It’s time to address maintenance proactively to maximize productivity and increase safety. 

Understanding new trends in tolling in 2021, and how tolling will evolve into the future, is critical for most commercial fleets, especially those with large regional or national footprints. Learn more about the emerging tolling trends to optimize your fleet’s operations. 

XPO Logistics announced that Sandeep Sakharkar will become the chief information officer of spinoff business GXO Logistics.

Volvo Penta announced a joint effort in North America with Terminal Investment Corp. to develop emissions-free, fully electric terminal truck prototypes, calling them a viable future application for EVs.

Oil rose after the OPEC+ alliance agreed to increase oil production gradually over the next three months.

Applications for U.S. state unemployment insurance unexpectedly rose last week but remained near the lowest levels of the pandemic as the labor market meanders toward full recovery.

The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the $174 billion proposed for charging stations, planned consumer rebates for American-made EVs and a pledge to electrify the government’s fleet.