Category: News

Nikola Corp. said that its long-range fuel-cell semi truck will get as much as 900 miles on a tank of hydrogen when it comes out in 2024, as the startup works to bolster its position in the increasingly competitive field of zero-emission freight vehicles.

January truck tonnage fell 2.1% compared with year-ago levels, but ticked up 1.4% over December 2020 — a continuation of several months’ worth of sequential gains, American Trucking Associations announced.

Consumer confidence rose in February to a three-month high as Americans grew more upbeat about the current labor market and economy’s progress.

As if 2020 wasn’t difficult enough for trucking, the industry also saw a substantial rise in cargo theft. Here’s what some fleets are doing to fight it.

WASHINGTON — Federal Reserve Chair Jerome Powell underscored the U.S. economy’s ongoing weakness Feb. 23 in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.

DES MOINES, Iowa — The federal government announced Feb. 22 that it will support the ethanol industry in a lawsuit over biofuel waivers granted to oil refineries under President Donald Trump’s administration.

Treasury Secretary Janet Yellen said President Joe Biden favors boosting taxes on companies, and signaled openness to considering raising rates on capital gains, while steering clear of a wealth levy.

Haldex reported a 13% drop in fourth-quarter revenue as well as a net loss that was less steep, compared with a year earlier, as sales to truck makers declined.

The national average price of a gallon of diesel increased 9.7 cents to $2.973 cents a gallon, according to Energy Information Administration data released Feb. 22

President Joe Biden said his administration is seeking to help small businesses by giving them exclusive access to the Paycheck Protection Program for two weeks, and he called on lawmakers to pass his $1.9 trillion stimulus plan to provide additional a…