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April Used Class 8 Prices High, But on the Way Down

The average used Class 8 retail sales price in April soared compared with a year earlier, as expected. But a closer vantage point showed it fell month-over-month for just the second time since July 2020, ACT Research reported.

May 26, 2022

Oklahoma Legislature Creates Legal Infrastructure for Hydrogen Energy

Oklahoma legislators have passed nine new laws creating a legal infrastructure for hydrogen fuel to better position residents and businesses to make, use and distribute the alternative energy source.

May 25, 2022

TotalEnergies to Buy Stake in US Renewables Firm Clearway Energy

TotalEnergies SE said it will acquire a stake in a large U.S. renewables developer, another move by the European energy giant to expand its footprint in the American power sector.

May 25, 2022

CVG's Challenges in Q1 Send Net Income, Revenue Lower

Diversified supplier Commercial Vehicle Group Inc. reported net income fell sharply and revenue slipped in the first quarter as it dealt with challenges on three fronts.

May 24, 2022

Hyliion Q1 Revenue Rises on Sales of Hybrid ePowertrain

Hyliion Holdings Corp. reported a net loss and higher revenue in the first quarter as it worked to move its core electric products into the market.

May 23, 2022

Experts Urge Preparation Now for Transition to EVs

SCOTTSDALE, Ariz. — Sometime in the 2020s or early 2030s a growing number of traditional longhaul trucks could be running on hydrogen fuel cell systems while vans and trucks running regional and local routes — in the 150- to 250-mile per day range or going in and out of ports — will rely on battery-electric propulsion systems.

May 23, 2022

Fleets Find Challenges in Rising Maintenance Costs, Parts Shortages

With a laundry list of hurdles facing many trucking companies, the focus on preventive maintenance becomes clearer as fleets are adding alternative suppliers and providers, and stockpiling inventory to help control costs and reduce downtime.

May 24, 2022

Ports Maintain High Volumes in April

Imports continue to dominate the cargo at the nation’s ports, and the nation’s busiest — the Port of Los Angeles — reported its second-busiest April in its 115-year-plus history,

May 23, 2022

Average Age of US Cars Hits Record 12.2 Years

Cars on U.S. roads are as old as they’ve ever been, potentially complicating efforts to expand the use of new safety and emissions-reduction technologies.

May 23, 2022

Hyundai Announces $5.5 Billion EV Plant in Georgia

ELLABELL, Ga. — Hyundai Motor Group confirmed May 20 the company will spend $5.5 billion on a huge electric vehicle plant near Savannah that will employ thousands — a deal Georgia’s governor called the largest economic development project in the state’s history.

May 20, 2022