“I’m happy to report that after the last quarter increase, we’re now seeing the parts and labor costs come back down again," Ziemba said. (John Sommers II for Transport Topics) NASHVILLE, Tenn. — The trucking industry saw parts and labor costs trend downward in the fourth quarter of 2024 after almost a year of increasing ...more
Powell stressed the importance for fleets of having functioning onboard cameras in the event of a crash. (John Sommers II for Transport Topics) NASHVILLE, Tenn. — Technology provider Velociti Inc. has announced a new program to ensure that motor carriers will not be caught with malfunctioning telematics. Known as “VeloCare Unlimited,” the program allows fleets ...more
Speaker of the House Mike Johnson. (J. Scott Applewhite/Associated Press) House Republicans announced a spending bill to keep government agencies open through Sept. 30, daring Democrats to vote against it and risk a disruptive March 15 shutdown. The move tees up a dramatic confrontation on Capitol Hill this week and threatens to further fuel uncertainty ...more
“Fleets are under pressure to reduce emissions, comply with anti-idling regulation and attract and retain drivers, all while trying to maximize their [return on investment],” Desjardins said. (John Sommers II for Transport Topics) NASHVILLE, Tenn. — Transtex has introduced its next-generation electric auxiliary power unit to boost energy efficiency and reliability while providing in-cab comfort ...more
President Donald Trump waves before departing on Marine One from the South Lawn of the White House on March 7. (Alex Brandon/AP) WEST PALM BEACH, Fla. — President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, ...more
Canada Border Services Agency is launching an investigation into container chassis imports by British Columbia-based Ocean Trailer. (Ocean Trailers) U.S.-based manufacturers of intermodal chassis are once again challenging overseas chassis makers over allegations of unfair business practices. A coalition led by Stoughton Trailers and Cheetah Chassis Corp. on Feb. 26 accused chassis and subassembly manufacturers ...more
Employees working on a Nikola vehicle inside the now-closed manufacturing facility in Coolidge, Ariz. (Nikola Corp.) Bankrupt electric vehicle maker Nikola Corp. won court permission to auction its Arizona manufacturing facility, an asset creditors said may prove especially valuable to automakers as the Trump administration continues to go back and forth on implementing tariffs. The ...more
Elon Musk and President Donald Trump in the Oval Office on Feb. 11. (Aaron Schwartz/CNP/Bloomberg) A slide in Tesla Inc. on March 7 is capping off a round trip of epic proportions in the company’s shares. Expectations that the electric vehicle maker would benefit from CEO Elon Musk’s close relationship with President Donald Trump made ...more
The Westridge Marine Terminal at the end point of the Trans Mountain Pipeline System in Burnaby, British Columbia. (James MacDonald/Bloomberg) Crude is among the beneficiaries of President Donald Trump’s one-month reprieve on tariffs for some imports from Canada and Mexico, a boost to oil industry leaders initially concerned that it wouldn’t secure relief. Under orders ...more
Energy Secretary Chris Wright at the Venture Global Plaquemines liquefied natural gas terminal in Louisiana on March 6. (Kathleen Flynn/Bloomberg) Energy Secretary Chris Wright plans to seek up to $20 billion to accomplish President Donald Trump’s goal of refilling the nation’s depleted oil reserve to its maximum capacity. The initiative, which may take years, would ...more
