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Paccar to Recall More Than 450,000 Trucks

Paccar Inc. on April 6 issued a recall notice covering hundreds of thousands of trucks over concerns a blown fuse could prevent dashboard illumination.

April 15, 2020

Oil Drops to 18-Year Low on Record Demand Collapse

Oil plunged to the lowest in two decades amid a record collapse in U.S. fuel demand and the biggest-ever weekly build in domestic crude supplies.

April 15, 2020

Feds Lean on Carriers in Fight Against the Coronavirus

Trucking companies are diligently working with the federal government in an effort to defeat the coronavirus.

April 15, 2020

Experts See Steep Declines for Q2

The U.S. gross domestic product will decline by more than 20% on an annualized basis in the second quarter as a result of the coronavirus and the economic shutdown, American Trucking Associations’ chief economist forecasts.

April 15, 2020

NJDOT Announces $47.3 Million for Local Bridge Projects

The New Jersey Department of Transportation recently announced $47.3 million in grant funding will be distributed statewide to help with local bridge maintenance projects.

April 15, 2020

Amazon May Stop French Deliveries After Court Order

Amazon .com Inc. threatened to stop activity at its fulfillment centers in France after a court order banned the sale of non-essential goods, concluding the retailer isn’t doing enough to protect staff from the COVID-19 pandemic.

April 15, 2020

Automakers Will Need Months to Restart Factories

Automakers are anxious to get their assembly lines rolling again, especially since leaving factories idle is costing them billions of dollars by the week.

April 15, 2020

Saudi Oil Keeps Flooding Market With Output Pact Yet to Begin

Saudi Arabia and other Gulf suppliers may have agreed to cut oil production again starting next month, but by all indications the taps are set to remain wide open until then — swelling stockpiles for at least a few more weeks.

April 15, 2020

Trump Says Trucking CEOs to Help Advise on Economic Recovery

American Trucking Associations President Chris Spear is among the prominent business executives tapped by President Donald Trump to help revive the economy as the coronavirus pandemic shows signs of easing in some parts of the country.

April 14, 2020

IMF Predicts Global Economy Will Suffer Worst Year Since Depression

WASHINGTON — Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.

April 14, 2020