Homebuilder Sentiment Extends Record Decline to 12 Months
U.S. homebuilder sentiment fell every month in 2022, sinking in December to a level not seen in more than a decade outside of the pandemic amid elevated mortgage rates and high construction costs. The National Association of Home Builders/Wells Fargo gauge dropped 2 points this month to 31, the lowest level since June 2012 excluding ...more
Union Pacific Puts Shipping Limits on Hold
OMAHA, Neb. — Union Pacific says it will stop imposing temporary limits on certain businesses’ shipments while it reviews the policy that federal regulators and shippers criticized at a hearing in mid-December. Union Pacific has put more than 1,000 of these embargoes in place this year — significantly more than all the other major freight ...more
Diesel Drops 15.8¢ to Reach $4.596 a Gallon
The national average price for diesel fuel continued to tumble, falling 15.8 cents to settle at $4.596 a gallon, according to Energy Information Administration data released Dec. 19. Highlights The price of a gallon of diesel has fallen six consecutive weeks for a total of 73.7 cents. The last time the cost was below $4.60 ...more
Great Dane Announces Top Executive Succession
Longtime Great Dane CEO Bill Crown announced he will step down effective Jan. 1. Dean Engelage, Great Dane’s president, will succeed Crown. Engelage’s appointment is part of a managed executive transition, the trailer maker reported. “It has been a privilege to serve Great Dane as CEO over the past 25 years, where both our internal ...more
Ashley Leiva, Mother and Combat Veteran, Wins Award for New Truck Drivers
WASHINGTON — A young mother from Texas who is a 15-year combat veteran won the keys to a T680 Next Generation Kenworth truck Dec. 16 after capturing the 2022 Transition Trucking: Driving for Excellence Award at the U.S. Chamber of Commerce. The award, launched in 2016 to address the nationwide driver shortage and create immediate ...more
Iowa DOT cameras capture semi truck slipping off of icy roadway
The Iowa Department of Transportation (DOT) shared dramatic traffic camera video of a semi truck’s wild ride on an icy roadway last week. The video was captured on I-80 at mile marker 192 in the Des Moines area on December 15.In the video, you can see that the sliding semi truck nearly clips a pickup ...more
Semi truck torn apart after slamming into sign support structure
A tractor trailer was torn apart in an accident with a sign support structure in New York on Monday morning. The accident happened on December 19th at around 5:30 a.m. in the westbound lanes of interstate 84 near mile marker 21.6 in Wallkill, New York. According to News 12 The Bronx, the truck slammed into the ...more
WATCH: Passing motorist has a “death wish”
A trucker describes this impatient motorist as having a “death wish” in this short dash cam video. In the clip, a trucker in New Zealand is leaving New Plymouth when a four wheeler traveling behind him decides it would be better to risk his life than hang out behind a semi truck. The four wheeler decides ...more