A Pilot Flying J tanker carrying fuel along Interstate 25 in Loveland, Colo., Aug. 8. (David Zalubowski/Associated Press) Diesel prices climbed another 13.9 cents a gallon in the most recent week, according to data from the Energy Information Administration on Aug. 14. After a fourth straight week that saw a jump of a dime or ...more
VinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of General Motors Co. and Ford Motor Co., as traders flipped shares of the electric vehicle maker. The Vietnamese company, which went public after a SPAC deal, is worth about $65 billion as shares held onto gains Aug. ...more
Isuzu sold 889 Class 4 units in July. (John Sommers II for Transport Topics) U.S. retail sales for medium-duty trucks grew 10.9% in July compared with the year-ago period, according to data from Wards Intelligence. Total retail sales for Class 4 through Class 7 trucks increased to 19,618 units from 17,682 units, marking the fourth ...more
FedEx Express driver Roland Bolduc finds time to relax with his buddy Beans, a 15-year-old Shih Tzu. Bolduc will compete in the sleeper berth class at NTDC. (Bolduc family photo) Roland Bolduc is vibrating with excitement. He has wrapped up practices at his Roadeo Research and Development Facility, where he trained alongside colleagues while listening ...more
"I start the day off with a prayer in the truck, and I go on my way. It helps me put on a great frame of mind,” says South Carolina 3-axle winner and grand champion David Fountain. (FedEx Corp.) Ask the average precision driving competitor who took home the first-place trophy in a certain vehicle ...more
An Amazon fulfillment center in Robbinsville, N.J. (Michael Nagle/Bloomberg News) Four years into a plan to eliminate its carbon emissions, Amazon.com Inc. has lost a key endorsement from the world’s leading watchdog of corporate climate goals. The Science Based Targets initiative, a United Nations-backed entity that validates net-zero plans, has removed Amazon from its list ...more
Martin Daum is CEO and chairman of Daimler’s board of management. (Daimler AG) Daimler Truck AG CEO Martin Daum will temporarily assume the role of chief financial officer at the original equipment manufacturer, the company said Aug. 14. Daum replaces Jochen Goetz, who died unexpectedly Aug. 5, adding the responsibilities of CFO to that of ...more
A Nikola Tre battery-electric heavy duty truck. (Andreas Gebert/Bloomberg News) All the Class 8 Tre battery-electric trucks Nikola Motor sold or sent to potential customers for testing are being recalled, the company said. A total of 209 trucks have been recalled and a temporary hold on new sales is now in place as a result ...more
TuSimple it plans to meet a Sept. 30 deadline to catch up on filing delinquent financial reports to avoid delisting of its Nasdaq stock.(TuSimple) Self-driving truck developer TuSimple Holdings says it won’t be able to file its second-quarter 2023 financial report on time to meet a deadline imposed by the Nasdaq Stock Market. But the ...more
Connor Christensen (left) and his father Ceth. (Gavin Blisset for Illinois Trucking Association) There is more to precision-driving competitions than winning. Perhaps the greatest virtue of truck driving contests is that they often transform into fond memories for most competitors. COMPLETE NTDC COVERAGE: Qualifiers, stories, photos. For Ceth Christensen, camaraderie and building a congenial bond ...more
