The Permian Basin, the most prolific shale patch in the U.S., will produce crude oil at levels not seen since the start of the pandemic in the latest sign the global economy is heating back up.
Category: News
MVTS Finds FlowBelow Technologies Bring Significant Fuel Savings
Mesilla Valley Transportation Solutions tested FlowBelow Aero Inc.’s tractor and trailer wheel covers for the first time as well as the Tractor AeroKit, and found that each technology provided significant fuel savings.
TT Wins Five Regional ‘Azbee’ Awards
The American Society of Business Publication Editors has recognized Transport Topics’ 2020 coverage of the trucking industry with five regional “Azbee” awards.
Biden Reassures Chip Summit of Bipartisan Support for New Funds
President Joe Biden told companies vying with each other for a sharply constrained global supply of semiconductors that he has bipartisan support for government funding to address a shortage that has idled automakers worldwide.
Lytx Recognizes ‘Heroes of the Road'
Lytx announced April 8 the recipients of its 2021 Driver of the Year and Coach of the Year awards.
Here Marketplace Adds CustomWeather to Platform
Here Technologies added weather conditions and environmental data to its location data platform, the company announced April 12.
Plus, Iveco Sign Memo of Understanding on Autonomous Trucks
Self-driving truck technology developer Plus announced it signed a memorandum of understanding with Iveco, a brand of CNH Industrial N.V., to jointly develop autonomous trucks that will be deployed across China, Europe and other areas.
Idelic Raises $20 Million in Financing for Transportation Safety Products
Data analytics and driver management systems developer Idelic has completed a $20 million fundraising round to help continue development of its transportation safety products, the company announced.
Diesel Sheds 1.5¢ to $3.129 a Gallon
The national average price of a gallon of diesel slipped 1.5 cents to $3.129, according to Energy Information Administration data released April 12.
March US Class 8 Sales Jump 33.7%
U.S. Class 8 retail sales in March jumped 33.7% to 22,031 as all truck makers posted gains compared with a year earlier, WardsAuto .com reported.