15 Apr In Pandemic-Era First, Driving on US Highways Tops 2019 Levels Here’s the latest sign of the great U.S. gasoline comeback: For the first time since the pandemic started, driving on the nation’s highways is higher than at the same time in 2019. Read more...
15 Apr Looking to Hire a ‘Fresh-Faced Veteran’ Maintenance Tech? Good Luck Recruiting military veterans for maintenance positions in trucking fleets’ repair shops is an industry goal, but the prospect of finding and transitioning young vets to become civilian service technicians can be challenging. Read more...
15 Apr TMC Highlights Big Changes to VMRS Coding System A vehicle maintenance coding system used by repair shops across the trucking industry is receiving an update that has been years in the making, and is also evolving to include the burgeoning electric vehicle segment. Read more...
15 Apr Ohio DOT Advances 2021 Construction Program The Ohio Department of Transportation has launched its 2021 construction season, which represents an investment of nearly $2 billion. Read more...
15 Apr Republicans Seek Broader Curbs on Exports of Chip Tools to China Two Republican lawmakers called for broader American restrictions on the sale of chip-making tools after the U.S. government placed several Chinese supercomputing firms on an export blacklist, saying even tougher rules are needed to prevent the People’s Liberation Army from using sensitive technologies. Read more...
15 Apr Fed Sees Supply Chain Issues Growing Despite Better US Outlook The Federal Reserve is seeing both labor and material shortages mounting across several sectors of the U.S. economy, which may have consumers paying even more for everything from fuel to new homes. Read more...
15 Apr TMC Plans Closer Look at Mirrorlike Camera Monitor Systems The increasing interest in camera monitor systems has prompted the Technology & Maintenance Council of American Trucking Associations to decide how it can help fleets understand how the systems would best fit into the truck cab environment. Read more...
15 Apr Stellantis CEO Vows to Accelerate Carmaker’s Electric Shift Stellantis NV CEO Carlos Tavares pledged to speed up the company’s electric shift, vowing that cars with a battery will account for more than a third of its European sales by mid-decade. Read more...
15 Apr EV Maker Polestar Raises $550 Million From New Investors Polestar, the electric carmaker controlled by Volvo Car AB and its owner Zhejiang Geely Holding Group Co., has raised $550 million from new investors to help fund its growth. Read more...
15 Apr State Jobless Claims in US Fall to Lowest Since March 2020 The number of applications for U.S. state unemployment benefits plummeted last week to the lowest since the pandemic began, indicating the labor market continues to thaw as governments lift restrictions on business and activity picks up. Read more...