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Minnesota Governor Extends Driving Hours for Fuel Transportation

With lower fuel inventories and harvest season expected to increase demand, Minnesota’s governor extended for another month an order enabling more driving hours to transport fuel.

August 18, 2022

Paccar to Offer Cummins X15 Natural Gas Engine

Paccar Inc. announced it will offer the new Cummins Inc. X15N natural gas engine in its Kenworth and Peterbilt truck brands.

August 17, 2022

Retail Sales Were Flat in July

WASHINGTON — The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many households to spend more cautiously.

August 17, 2022

International Truck Launches Updated Powertrain

LAS VEGAS – Navistar Inc. premiered a new, integrated powertrain as part of an update for its International LT Series truck line Aug. 16.

August 16, 2022

Diesel Falls 8.2¢ to Reach $4.911 a Gallon

The national average price of diesel continued on its downward path, dropping 8.2 cents to settle at $4.911 a gallon, according to Energy Information Administration data released Aug. 15.

August 15, 2022

Average Gasoline Price Falls 45 Cents to $4.10 per Gallon

CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline plummeted 45 cents over the past three weeks to $4.10 per gallon.

August 15, 2022

Stellantis May Invest Billions to Make EVs in Mexico

Stellantis NV is considering renovating a plant in Mexico to build hybrid and electric vehicles as it transforms its lineup to meet surging demand for battery-powered transport.

August 12, 2022

Tesla, Nikola Race for Up to $40,000 Incentives

The Inflation Reduction Act would give up to $40,000 tax credits per heavy-truck purchase, suggesting that competition to get the Tesla Semi to compete with Nikola will heat up.

August 12, 2022

Rivian Cuts Annual Earnings Forecast on Inflation, Supply Woes

Rivian Automotive Inc. posted quarterly sales above Wall Street’s expectations and reaffirmed its delivery forecast, but the electric vehicle maker trimmed its full-year earnings expectations as it continues to grapple with supply chain snags, high costs and economic volatility.

August 11, 2022

Congress Eyes Finish Line for Freight-Centric Budget Bill

Debate on a multibillion-dollar budget bill targeting supply chain connectivity concerns, clean energy initiatives and economic incentives remains front-and-center on Capitol Hill.

August 11, 2022