13 Jan EPA Readies Biofuel Waivers, Delays for Trump’s Final Days The Trump administration is expected to exempt some oil refineries from 2019 mandates to use renewable fuel as it readies possible last-minute moves on U.S. biofuel policy. Read more...
13 Jan US Trailer Orders in December Surge Past Year Earlier U.S. trailer orders in December jumped 140% from a year earlier as they cleared 42,000, ACT Research reported, citing trailer makers’ initial data. Read more...
13 Jan US Diesel Stockpiles Swell as Global Fuel Demand Falters The world’s appetite for U.S. diesel is falling, leaving stockpiles of the fuel at their highest level since early October. Read more...
13 Jan Recent Acquisitions Bode Well for Trucking in 2021 Several recent acquisitions are signaling a robust 2021 for trucking. Read more...
13 Jan December Class 8 Sales Reach High Mark for 2020, Down 7.4% Compared With 2019 U.S. Class 8 retail sales in December cleared 21,000 to reach the high mark for the year, but were off 7.4% from a year earlier, WardsAuto .com reported. Read more...
13 Jan Schumer Asks Biden to Push for More Than $1.3 Trillion Stimulus Incoming Senate Majority Leader Chuck Schumer has pressed President-elect Joe Biden to propose more than $1.3 trillion in spending for his initial round of COVID-19 relief, according to a person familiar with the matter. Read more...
13 Jan COVID-19 Vaccine Key to Restoring Economic Stability, Experts Say The incoming Biden administration faces a U.S. economy that appears to be slowing as COVID-19 cases surge. Read more...
13 Jan Saudis Curb Oil Supply to Some Buyers After Vow to Pump Less Saudi Arabia reduced crude oil supplies to at least 11 refiners in Asia and most buyers in Europe after the kingdom volunteered to cut its production by 1 million barrels a day for February and March. Read more...
13 Jan US Core Consumer-Price Gauge Cools Slightly From Prior Month A key measure of prices paid by U.S. consumers cooled in December from a month earlier as slack in the labor market and muted demand helped keep inflation pressures tame. Read more...
13 Jan Paccar Parts Begins Selling Electric Vehicle Chargers Paccar Parts announced it is making available to customers electric vehicle charging stations designed to be compatible with Paccar Inc.’s Kenworth Truck Co., Peterbilt Motors Co. and DAF electric trucks. Read more...