13 Nov Electric Trucks Have Qualities to Improve Diversity, Panelists Say The growing world of electric truck operations offers an opportunity to increase diversity in the industry, experts addressing the Women In Trucking Association’s annual conference said. Read more...
13 Nov October US Trailer Orders Soar to Third-Highest Level Ever U.S. trailer orders for October soared to 54,200, the third-best in industry history, ACT Research reported, citing trailer makers’ preliminary market estimate. Read more...
13 Nov US Consumer Sentiment Unexpectedly Declines on Economic Views U.S. consumer sentiment unexpectedly declined in early November as an increase in COVID-19 infections and the election prompted Americans to reassess their outlooks for the economy and finances. Read more...
13 Nov VW Boosts Tech Spending Within $177 Billion Investment Plan Volkswagen AG will reserve a bigger slice of its 150 billion euro ($177 billion) budget for investment in electric cars and software in the next five years, stepping up technology spending to navigate a tectonic industry shift even as the COVID-19 pandemic roils markets. Read more...
12 Nov Biden Administration Ready to Advance Infrastructure Policy, Porcari Says John Porcari, a former senior Obama era transportation official currently working with President-elect Joe Biden’s team, expressed optimism about the incoming administration’s potential for advancing a major infrastructure package. Read more...
12 Nov Panel Discusses What’s Ahead for Greener Diesel Diesel can play a central role for the transportation sector as it moves toward a more sustainable future, a panel of experts said. Read more...
12 Nov China Oil Giant Eyes New Supertankers to Shrink Diesel Glut China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel glut — brand new supertankers usually reserved for crude oil. Read more...
12 Nov Senate Committee Unveils Fiscal 2021 Transportation Funding Bill The U.S. Senate committee that oversees funding across the federal government unveiled a plan for fiscal 2021 that will ensure operations continue uninterrupted across agencies, including the Federal Motor Carrier Safety Administration. Read more...
12 Nov Documentation, Clarity Essential for Contractors, Experts Say Experts stressed the importance of documentation and clarity for companies that work with independent contractors during a session at the Women In Trucking Association’s annual conference. Read more...
12 Nov ZF Steers Course Deeper Into Commercial Vehicle Opportunities ZF Friedrichshafen AG is looking to nearly double its 2019 revenue from its commercial vehicle segment, which now includes its $7.1 billion acquisition of Wabco Holdings Inc. Read more...