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The war in Ukraine has touched off a feud between the White House and U.S. oil industry as many companies reap record profits from rising prices despite pumping less crude than before the pandemic, leaving American consumers beset by surging gasoline costs.

The wait times for semiconductor deliveries rose again in February, a sign that shortages are continuing to bedevil chip buyers in a wide range of industries.

ORLANDO, Fla. — Industry insiders offered a glimpse into what goes into spec’ing electric vehicles for commercial fleet operations during a panel session at the American Trucking Associations’ Technology & Maintenance Council’s 2022 Annual Meeting & Transportation Technology Exhibition March 8.

Allison Transmission announced uprated variants of the Allison 1000 Series and 2000 Series transmissions will be integrated into Freightliner Custom Chassis Corp.’s new powertrain combination for its MT walk-in van chassis. FCCC is a unit of Daimler Truck North America.

WASHINGTON — President Joe Biden announced March 11 the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.

Fontaine Fifth Wheel announced a new line of fifth wheels for heavy- and severe-duty applications, with mounting brackets available in a wide variety of sizes in both stationary and sliding configurations.

U.S. Class 8 retail sales in February fell compared with a year earlier, and landed just below 15,000 to put most truck brands in negative territory, Wards Intelligence reported.

Gasoline soaring above $4 a gallon this month has inspired comparisons to 2008, when pump prices sapped demand for fuel-guzzling SUVs and helped push Detroit’s automotive behemoths into bankruptcy.

Traders are snapping up ships to haul millions of barrels of diesel westward from Asia and the Middle East as oil supply chains react to Russia’s invasion of Ukraine.

Preliminary North American Class 8 orders in February came in at 21,000, or essentially even with January’s volume but less than half of what buyers ordered a year earlier, ACT Research reported, citing truck makers’ initial data.