MORGAN CITY, La. — Hurricane Francine barreled toward Louisiana on Sept. 11, strengthening to a Category 2 storm that could bring deadly storm surge to the U.S. Gulf Coast.
Category: News
Daimler Truck North America Announces Key Leadership Changes
Daimler Truck North America is making two key leadership changes this month.
Inflation Reaches a Three-Year Low
WASHINGTON — The post-pandemic spike in inflation eased last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates.
Trailer Demand Prospects Dim Further as FTR Cuts Forecast
Demand and consequently output prospects for U.S. trailer manufacturers continue to dim, said Dan Moyer, FTR Transportation Intelligence senior analyst for commercial vehicles.
FTR: Class 8 Truck Production Outpacing Expectations
Speaking at the FTR Transportation Conference 2024 in Indianapolis, Dan Moyer said he would have expected build levels to decline, but that has not happened.
Brookfield Commits $1.1B to Infinium’s Low-Carbon Fuel Growth
Brookfield Asset Management Ltd. is investing up to $1.1 billion in the low-carbon e-fuels startup Infinium.
Class 8 Truck Orders Drop 16% Year Over Year in August
North American Class 8 truck orders continued to trend below the year-ago period in August, according to ACT Research. Preliminary data showed orders fell 16% to 16,400 units, but were up in July.
Maine’s Coburn Gore Border Port Set for $85M Expansion
Construction is scheduled to begin in fall 2026 to update the Coburn Gore land port of entry.
US Oil Demand to Plateau This Year, EIA Says
U.S. oil demand growth is forecast to plateau this year, in the latest bearish indicator for the market, according to the Energy Information Administration.
DOE Studying ‘Soft’ Costs to Deploy EV Charging
The U.S. Department of Energy is studying so-called soft costs of deploying EV charging infrastructure that sometimes are overlooked but can be higher than the basic buildout costs.