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TRATON 3 Electric Trucks 0

Traton To Build Electric Trucks

The Traton Group announced it is preparing to transition to manufacturing electric trucks by investing $1.9 billion in research and development of e-mobility by 2025. Traton, which is in the process of acquiring Navistar International…

Mobile River Bride Alabama 0

Alabama Proposes Truck Toll

Alabama authorities last month proposed a plan to place a toll on tractor trailers only to help fund the construction of a new bridge. During a news conference held in Spanish Fort, Ala., City of…

Forklift Loading Truck 0

Freight Rates Push Vehicle Demand

Record freight rates continue to push commercial vehicle demand beyond truck and trailer manufacturers’ ability to supply equipment in a timely manner, according to ACT Research. Preliminary reports indicate that February’s net order volume of…

City of Orlando 0

Orlando Adding Natural Gas Trucks

The City of Orlando, Fla., will participate in a demonstration program of adsorbed natural gas (ANG) bi-fuel vehicle technology developed by Ingevity Corp. Orlando will add two ANG-equipped Ford F-150 pickup trucks to its fleet…

SBA Paycheck Protection Program (PPP), PPP Money Likely To Be Extended 0

PPP Money Likely To Be Extended

A two-month extension of the Paycheck Protection Program (PPP) was expected to be approved by President Biden following a Senate vote in late March. The 2021 version of the PPP originally was scheduled to end…

Green Trucks in Lineup 0

Fleets Expect Strong Growth This Year

Many publicly traded fleets are optimistic about growth this year, saying they expect rate increases ranging from high single digit to low double digits. One carrier even anticipates rate increase percentages in the mid-teens. As…

LNG Cargo Tanker Ship 0

Glut Causing Uncertainty For LNG

U.S. liquefied natural gas (LNG) exporters could see cargo cancellations return this summer if the current supply glut cannot be alleviated by then, analysts said recently. According to IHS Markit, 2020 saw an estimated global…

Even without a pandemic, U.S. trucking was looking at a tough time this year. When the year began, the industry was coming off a challenging 2019, when overcapacity and weak pricing forced at least 795 trucking companies to close. It’s important to note that a great many small carriers close every year. That’s because a disproportionate number of them are lightly funded, one-person operations. Still, closings last year were inordinately high, according to industry studies. 0

Support Grows For Younger Drivers

A group of bipartisan legislators reintroduced the DRIVE-Safe Act to address the growing shortage of professional truck drivers in the U.S. by allowing certified commercial truck driver’s who are under 21 to cross state lines…

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