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Maintenance expenses are on the rise across the fleet industry, making operational efficiency more important than ever for reducing downtime and avoiding unexpected costs. Download Pitstop’s case study to learn how one mixed-mining fleet was able to leverage the power of predictive analytics to save up to $500/vehicle.

WASHINGTON — The Federal Reserve extended its fight against high inflation on Feb. 1 by raising its key interest rate by a quarter-point, its eighth hike since March.

Rivian Automotive Inc. is reducing its headcount by 6%, but sparing assembly line workers at its sole operational plant in Normal, Ill., from the cutbacks.

FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving measure as economic concerns and waning e-commerce weigh on demand for package delivery.

An ongoing refinery shutdown has prompted Colorado’s governor to extend a fuel supply chain emergency order enabling commercial vehicles to carry heavier fuel loads on state highways for another month.

American Trucking Associations has unveiled its 2023 Law Enforcement Advisory Board, a panel first formed in 2021 to tackle a variety of mutual issues and strengthen relationships between trucking and law enforcement organizations nationwide.

LAS VEGAS — Daimler Truck North America has unveiled its SuperTruck II high-efficiency tractor-trailer combination, featuring freight efficiency gains that the company said are built around equipment and components central to real-world tractor-trailer operation.

The U.S. manufacturing downturn deepened in January, fueled by a further pullback in orders and factory production.

Increasing freight capacity and attracting more infrastructure investments are likely outcomes of a recent federal designation expanding the inland Corn Belt Ports to span five Midwestern states.

Tesla Inc. investors lost $12 billion over 10 days as a result of Elon Musk’s famous tweet in 2018 that he had “funding secured” to take the company private, a witness testified at a trial over the CEO’s liability.