03 Nov California Allows Private Sales of Electricity as Motor Truck Fuel Volvo Trucks North America announced it, and other industry associations and companies, helped facilitate the modification of California utility rules to give private entities the ability to sell electricity as a motor fuel at publicly accessible charging stations for medium- and heavy-duty electric vehicles. Read more...
03 Nov ELD Vendors Update Software to Match Modified HOS Rules Before the federal government’s revised hours-of-service rules went into effect Sept. 29, suppliers of electronic logging devices were busy updating their software. Read more...
03 Nov Canadian Trucking Alliance Names Jean-Claude Fortin Chairman Jean-Claude Fortin, president of J.E. Fortin Inc., has been named chairman of the Canadian Trucking Alliance. Read more...
03 Nov Stocks Rally, Crude Oil Jumps on Election Day U.S. stocks rose as a gust of optimism swept through global equity markets as millions of Americans headed to vote. The dollar weakened and crude oil increased by the most in a month. Read more...
03 Nov TT Newsmakers Sgt. Zach Heard, Illinois State Police, and Kendis Paris, co-founder and executive director of Truckers Against Trafficking, join TT's Dan Ronan to discuss the cycle of human trafficking and the role trucking can play in the service of public safety. Reserve your seat now. Read more...
03 Nov Matson Profit Soars on Goods Shipped from China Matson Inc., Hawaii’s largest ocean cargo transportation firm, continued to capitalize on expanded service from China to the mainland and nearly doubled its third-quarter profit. Read more...
03 Nov Anchorage Airport Among Nation’s Busiest as Pandemic Boosts Cargo Activity Ted Stevens Anchorage International Airport remained one of the nation’s busiest airports in recent months as disrupted shipping patterns during the COVID-19 pandemic fueled soaring cargo activity. Read more...
03 Nov Volvo, Daimler Sign Binding Agreement for Fuel Cell Joint Venture The Volvo Group and Daimler Truck AG announced they have signed a binding agreement covering a previously announced joint venture to develop, produce and commercialize fuel cell systems primarily for heavy-duty trucks as well as other applications. Read more...
02 Nov YRC Posts Narrowed Q3 Loss, Will Change Corporate Name to Yellow YRC Worldwide Inc. narrowed its losses during the third quarter, announced plans to change its name to Yellow and expanded its board of directors. Read more...
02 Nov Average Price of Diesel Drops 1.3¢; Oil Prices Plunge The national average price of diesel dropped 1.3 cents, according to the Energy Information Administration’s weekly data released Nov. 2. The decline, which comes amid tumbling oil prices, is the eighth in the past nine weeks. Read more...