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GovernmentEquipmentSafety

Inspectors Place 13.3% of CMVs Out of Service During Brake Safety Week

Commercial motor vehicle inspectors in North America conducted 38,117 inspections Aug. 21-27 during Brake Safety Week, placing 13.3% of vehicles out of service for brake-related violations.

November 15, 2022
BusinessEquipment

October Average Retail Price for Used Class 8 Stays Above $83,000

The average U.S. retail price in October for a used Class 8 just cleared $83,000, 15% higher compared with a year earlier, ACT Research reported.

November 15, 2022
GovernmentBusinessEquipmentLogistics

The Battery Supply Chain Is Finally Coming to America

Redwood Materials Inc., the battery recycling company created by Tesla co-founder J.B. Straubel, said it has reached a deal to supply Panasonic with billions of dollars in critical battery components that will be produced in the U.S. for the first time.

November 15, 2022
BusinessLogisticsPrivate

Walmart’s Grocery Gains Power Sales Beat and Stock Jump

Walmart Inc. jumped Nov. 15 after the retail giant reported strong quarterly results and boosted its annual forecast, putting its shares on pace to erase this year’s losses.

November 15, 2022
GovernmentBusinessLogistics

Wholesale Inflation Eased in October for Fourth Straight Slowdown

Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign that inflation pressures in the United States are easing from painfully high levels.

November 15, 2022
GovernmentBusinessFuel

Diesel Demand Destruction Starting to Look Inevitable, International Agency Says

Unprecedented diesel prices mean that demand destruction for the fuel is probable, the International Energy Agency said.

November 15, 2022
BusinessTechnologyEquipment

Daimler Reports Strong Q3 Gains Amid Constraints

Daimler Truck Holding AG reported a continued profitable growth path during the third quarter, with rocketing net income and higher revenue despite supply chain constraints and headwinds from raw material and energy prices.

November 15, 2022
GovernmentBusinessSafety

Hutcheson Cites History of Commitment to Gender Equality

DALLAS — The head of the Federal Motor Carrier Safety Administration told a conference hosted by a women’s trucking organization that she has been striving to elevate the vital role women play in the industry throughout her career.

November 15, 2022
BusinessLogisticsFor-Hire

Daseke Founder Sells Shares Amid Board Retirement

Daseke Inc. founder Don Daseke will sell his holdings in the company and step down from its board of directors, the company announced Nov. 14.

November 15, 2022
GovernmentBusinessTechnology

PrePass Urges Caution on CMV Electronic Identifier System

A new PrePass Safety Alliance white paper claims that a proposal to require that trucks have a unique electronic identifier system would not necessarily improve highway safety, and could allow inspectors to monitor the condition of commercial motor vehicles while they are in motion.

November 15, 2022

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