23 Mar Goodyear Notches Diagnostic Milestone The Goodyear Tire & Rubber Co. announced a milestone as its tire management tools inspected nearly 4 million tires over a year to help fleets identify potential tire issues and improve overall fleet operations, and identified nearly 400,000 potential tire issues. Read more...
23 Mar Biden Starts Infrastructure Bet With US Far Behind China President Joe Biden is betting that a multitrillion-dollar economic plan centered around infrastructure spending will do more than bolster an American economy hammered by the coronavirus pandemic: It will ensure his country’s competitiveness against China for decades to come. Read more...
23 Mar PGT Trucking Adds Two New Locations PGT Trucking Inc. has opened a terminal in Phoenix and relocated one to Fort Smith, Ark., to support increased market demands in those regions. Read more...
23 Mar February Tonnage Takes Winter Weather Hit Severe winter weather took a toll on truck tonnage in February, according to American Trucking Associations. Read more...
23 Mar Business-Spending Growth Key for US Economic Rebound The velocity of the U.S. economy’s post-pandemic rebound hinges on more than just an increasingly capable consumer, and business spending appears poised to deliver its own boost. Read more...
23 Mar Chip Shortage Could Stall Volvo Truck Production Up to a Month Volvo Group declined after the truck maker said it will have to suspend production across its operations because of the shortage of semiconductors that has disrupted the car industry for months. Read more...
22 Mar Tesla, Apple Trigger Wall Street Dreams of $3 Trillion Valuation A growing chorus of Wall Street professionals is predicting that electric and autonomous vehicles sales will propel Tesla Inc. and Apple Inc. to $3 trillion each in market value by 2030. Read more...
22 Mar Diesel Nudges Up Three-Tenths of a Cent to $3.194 a Gallon The national average price for a gallon of diesel rose three-tenths of a cent to $3.194, according to Energy Information Administration data released March 22. Read more...
22 Mar Broad Economic Plan Featuring Infrastructure Could Cost $3 Trillion The Biden administration is considering as much as $3 trillion worth of measures to include in a long-term economic program for infrastructure and other initiatives, according to three people familiar with the deliberations. Read more...
22 Mar Oregon Transportation Commission Approves Program to Address Freight Issues The Oregon Transportation Commission recently approved the Enhance Highway Discretionary Program, which is meant to specifically address congestion and freight mobility issues. Read more...