A Peterbilt electric truck. Paccar is the parent company of Peterbilt and Kenworth. Paccar CEO Preston Feight noted strong interest in the company’s battery-electric vehicles during the earnings call. (Paccar) Paccar Inc. posted record quarterly income in the three months that ended June 30, beating analyst estimates as profits across some of the company’s divisions ...more
The House and Senate transportation funding bills differ slightly, meaning they will have to be reconciled. (Douglas Rissing/Getty Images) After committees approved versions of a fiscal 2024 transportation funding bill, Congress is unlikely to clear the legislation before its August recess. While leaders in the House and Senate agree on the need for approving fiscal ...more
The House Energy and Commerce Committee is scheduled to consider two pieces of self-driving legislation Wednesday. (Stefani Raynolds/Bloomberg News) Congress is wading into the debate over whether automakers should be allowed to sell hundreds of thousands of self-driving cars while manufacturers seek federal permission to expand testing of the technology. The U.S. House Energy and ...more
Walmart's consensus rating is at its highest level since March 2010. (Joe Raedle/Getty Images via Bloomberg News) Walmart Inc. shares could surge more than 30% in the next 12 months as the shopping behemoth continues to gain market share even as grocery inflation eases, according to Piper Sandler. Walmart has been on a remarkable run, ...more
The Pennsylvania Turnpike Commission (PTC) and the Pennsylvania State Police (PSP) will partner to put state troopers inside construction vehicles in order to spot dangerous driving behaviors.On Monday, the PTC announced that an “Operation Orange Squeeze” patrol was taking place on the Pennsylvania Turnpike this week in partnership with PSP. Operation Orange Squeeze focuses on ...more
A motorist passes a semi truck at wildly unsafe speeds, then loses control in a construction area in spectacular fashion in this dash cam video.The dash cam video was captured around 6 a.m. on July 22, 2023, by a trucker on westbound Highway 401 in Toronto.In the video, a car in the middle lane passes ...more
The dash cammer cheats death when a semi truck crosses the median into oncoming traffic. on an Indiana interstate.The video was shared by YouTube user fourtraxer on July 24. They describe the events captured on dash cam:“Driving in a Mercedes Camper van on I-65, a semi crosses over into the opposing lane HEAD ON!! Driver ...more
A semi truck driver appears to take a turn just a little bit too quickly, causing a big rig rollover.The video was shared by Midwest Safety on July 24, 2023.In the clip, you can see a loaded truck failing to negotiate a turn and rolling over on the shoulder of the roadway. It appears that ...more
On Tuesday, the Federal Motor Carrier Safety Administration (FMCSA) announced that four Electronic Logging Devices (ELD) have been moved to the agency’s “Revoked” list, meaning that truckers caught continuing to use these devices can be cited soon.The FMCSA has removed the following four ELDs from the list of approved devices:ALL TRUCKERS ELDGOLDEN ELDPRIMELDSECURE ELDELD NameModel ...more
Officials in Shenandoah County, Virginia, are responding Tuesday morning to a major fire on a gas pipeline.The Shenandoah County Sheriff’s Office (SCSO) reported the explosion shortly after 8:30 a.m. on July 25 near Strasburg, Virginia. Officials say that the TC Energy Pipeline exploded near I-81 at mile maker 295, forcing the closure of lanes of ...more
