Truck News
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Labor Data Surprises as Job Market Runs Hotter Than Forecast
Data released Jan. 5 reinforced the strength of the labor market, with hiring at U.S. companies far exceeding expectations and applications for jobless benefits falling to a three-month low.
January 5, 2023FHWA Announces $2.1 Billion for Four Large Bridge Projects
President Joe Biden on Jan. 4 visited the worn-out Brent Spence Bridge in Kentucky as part of the administration’s renewed push to highlight the bipartisan infrastructure law.
January 5, 2023Biden, McConnell Announce $1.4 Billion Brent Spence Bridge Grant
Efforts to improve the Brent Spence Bridge in northern Kentucky took a step forward on Jan. 4 when President Joe Biden announced a nearly $1.4 billion grant toward the Brent Spence Bridge project.
January 4, 2023Torc Announces Collaboration With Foretellix
°®¶¹´«Ã½, an independent subsidiary of Daimler Truck AG, announced a multiyear strategic collaboration with Foretellix, a provider of verification and validation solutions for automated driving systems, intended to reduce development costs and accelerate time-to-market.
January 4, 2023Secretaries Granholm, Buttigieg to Headline 2023 TRB Conference
Biden administration Cabinet secretaries Pete Buttigieg and Jennifer Granholm are headlining this year’s annual meeting of the Transportation Research Board.
January 4, 2023Utility Converts Dealer in Michigan
Utility Trailer Manufacturing Co. announced Royal Truck & Utility Trailer, formally Royal Truck & Trailer, is now the full-service Utility dealer for the state of Michigan.
January 4, 2023Used Class 8 Prices on Edge of Cliff, ACT Reports
The average retail price for a used Class 8 vehicle in November inched higher though sales declined by a few hundred units and mileage rose compared with a year earlier, ACT Research reported.
January 4, 2023China’s CATL Extends Lead as World’s Top EV Battery Maker
Contemporary Amperex Technology Co. Ltd.’s share of the electric vehicle battery market continues to grow, as the Chinese company accounted for 37.1% of global sales in the first 11 months of 2022.
January 4, 2023Manufacturing Contracts in December for Second Straight Month
U.S. manufacturing activity contracted for a second month in December, capping the steepest annual slide in the key factory gauge since 2008 and helping to further tame price pressures.
January 4, 2023Drivewyze Partners With Bestpass to Better Align Tolling, Bypass Services
Drivewyze and Bestpass Inc. have joined forces so fleets can better leverage their toll management and weigh station bypass services, the companies announced Jan. 4.
January 4, 2023