11 Mar Class 8 Truck Sales Fall 22.1% in February Class 8 U.S. retail sales in February dropped 22.1% to 15,460 compared with a year earlier, WardsAuto. com reported. Read more...
11 Mar US Oil Output to Fall Next Year for First Time Since 2016 U.S. oil output will average 12.7 million barrels a day in 2021, down from an expected 13 million barrels this year, the Energy Information Administration said March 11. Read more...
11 Mar Kenworth Announces New Twin Steer Configuration Kenworth Truck Co., a unit of Paccar Inc., announced a new factory-installed twin steer configuration for its Kenworth T880 intended for crane, mixer and other vocational applications that require 86-inch axle spacing to meet local bridge laws and enhance overall load-carrying capacity. Read more...
11 Mar Oil Traders Are Big Winners in Saudi-Russia Price War Saudi Arabia and Russia’s price war is handing over a multibillion-dollar profit opportunity to the world’s largest oil traders. Read more...
11 Mar South Carolina DOT Ramps Up Infrastructure Work The South Carolina Department of Transportation has increased funds dedicated to infrastructure construction projects, according to Transportation Secretary Christy Hall. Read more...
11 Mar OPEC Sees No Oil Demand Growth in 2020 as Virus Batters Forecast OPEC expects there will effectively be no growth in global oil demand this year, slashing its forecasts as the coronavirus hits the world economy. Read more...
11 Mar Future Truck Trends on Display at Work Truck Show INDIANAPOLIS — The momentum with which electrification for commercial trucks is evolving was a key topic at the Work Truck Show and accompanying Green Truck Summit here, with discussions focused on the technology’s potentially robust pulling power, the challenges of building out a charging network and the pace at which innovation and consolidation are constantly bringing change to this nascent market. Read more...
11 Mar Uber Resumes Testing Self-Driving Cars in San Francisco Uber has resumed testing of robot cars in San Francisco, two years after one caused a fatal accident in Arizona. Read more...
11 Mar Consumer Prices Grew 0.1% in February as Food Costs Rose WASHINGTON — U.S. consumer prices increased slightly last month, driven higher by more expensive food. Read more...
11 Mar Tesla Scouts for Cybertruck Plant Location in Central US Tesla Inc. will build its in-development Cybertruck at a new plant in the U.S., CEO Elon Musk tweeted, likely triggering a state-by-state competition similar to one he set off six years ago. Read more...