Truck News

About Truck News...

Hess Shareholders Approved Chevron Takeover by Slim Majority

Hess Corp. shareholders approved the company’s proposal to be acquired by Chevron Corp. for $53 billion by a razor-thin majority of 51% of shares outstanding.

May 31, 2024
GovernmentBusiness

Inflation Gauge Rises at Slowest Pace This Year

WASHINGTON — A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year.

May 31, 2024
BusinessEquipmentFuel

Sources: Hertz Is Exploring Options for Raising Financing

Hertz Global Holdings is exploring options to raise financing weeks after the company’s new CEO pledged to get it back on track following a failed bet on electric vehicles, according to people with knowledge of the matter.

May 30, 2024
GovernmentBusinessFuel

OPEC+ Works on Output Cut Accord That May Stretch Into 2025

OPEC+ is pressing on with informal talks aimed at finalizing an agreement on oil output cuts this weekend, officials said.

May 30, 2024
BusinessLogistics

What Is Safety Stock?

Explore how safety stock helps prevent inventory shortages and keeps supply chains running smoothly. Watch the video for real-world examples.

May 30, 2024
BusinessTechnologyEquipmentSafetyFuel

ATRI Announces Research Projects for 2024

The American Transportation Research Institute Board of Directors has approved a diverse set of 2024 research priorities designed to address some of the trucking industry’s most critical issues.

May 30, 2024
GovernmentBusiness

House T&I Takes Up WRDA in June

WASHINGTON — A policy update to the country’s network of waterways is on the upcoming schedule for the U.S. House of Representatives’ transportation panel.

May 30, 2024
BusinessTechnologyEquipmentFuel

DTNA’s O’Leary: EV Infrastructure Buildout Still Lagging

Daimler Truck North America CEO John O’Leary says the scarcity of charging infrastructure continues to constrain the pace of the industry's adoption of battery-electric trucks.

May 30, 2024
GovernmentBusinessTechnology

Nebraska Leads State Groups in EPA, CARB Emissions Lawsuits

Nebraska is leading two state coalitions suing California and the U.S. Environmental Protection Agency over their individual emissions rules.

May 30, 2024
BusinessTechnologyFuel

Greenlane Eyes Securing 20 Sites by End of 2025, CEO Says

Alternative power supplier Greenlane expects to have up to 20 sites lined up for development by the end of 2025, according to CEO Patrick Macdonald-King.

May 30, 2024