General News
Peterbilt Showcases Electric Vehicles
SONOMA, Calif. — Peterbilt is working with its dealers and customers to deploy end-to-end solutions for electric vehicle applications and meet regulatory requirements.
Kroger and Albertsons Spend More Than $800M on Merger Fees
Kroger Co. and Albertsons Cos. have spent more than $800 million on fees paid to lawyers, bankers and advisers for their proposed merger.
New Texas-Mexico Border Lanes Speed Up Commercial Traffic
U.S. CBP officers can now inspect more inbound trucks from Mexico at a border crossing into Texas since construction is complete on an $8 million project donated by the City of Pharr.
Class 8 Truck Sales End Nearly a Year of Declines
U.S. Class 8 retail sales ended 11 consecutive months of year-over-year declines with a small uptick in July, according to data from Wards Intelligence.
Canadian Labor Board Leaves Door Open for Rail Strike
The ruling found that a work stoppage between the Teamsters and rail companies would not pose an immediate threat to public health and safety, meaning a strike could occur as soon as Aug. 22.
Ford, Mazda Warn Owners About Takata Air Bag Inflators
DETROIT — Ford and Mazda are warning the owners of more than 475,000 older vehicles not to drive them because they have dangerous Takata air bag inflators that have not been replaced.
Oil Surplus Looms If OPEC+ Hikes Supplies, IEA Data Shows
Global oil markets are poised to swing from a deficit to a surplus next quarter should OPEC+ proceed with plans to boost supplies, data from the International Energy Agency showed.
Home Depot Trims Outlook for 2024
Home Depot’s Q2 sales rose slightly as the retailer benefited from an $18 billion acquisition this spring, but customers continued to rein in spending.
US Wholesale Inflation Cooled in July
WASHINGTON — Wholesale price increases eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates.
Diesel Price Declines 5.1¢ to $3.704 a Gallon
The national average diesel price dropped 5.1 cents to $3.704 per gallon, according to Energy Information Administration data released Aug. 12.
Marathon Investor Sues to Block ConocoPhillips Acquisition
A Marathon Oil Corp. shareholder sued to block its proposed acquisition by ConocoPhillips, claiming the $17 billion deal “significantly undervalues” the target company.
Port Isabel Secures $1.6M Grant for Major Expansion Projects
Commerce Secretary Gina Raimondo recently announced the award as part of $6.9 million in economic development grants to Texas for workforce training and port improvements.
Crossword Puzzle Solution for August 12, 2024
Here's the solution to the crossword puzzle found in the August 12, 2024 print edition.
Two-Year-Old CHIPS Act Spurs Regional Growth, Lawmakers Say
In the two years since President Biden signed the measure into law, the Commerce Department indicated it has announced more than $30 billion in private sector investments across 15 states.
Post-9/11 Studies Considered ‘Pier Protection’ at Key Bridge
BALTIMORE — Engineering studies commissioned by the state of Maryland in the early 2000s considered the possibility of a “ship impact” at the Francis Scott Key Bridge.
Bridgestone Reports Earnings Loss on Revenue Gain
Bridgestone Corp. experienced an increase in revenue but a decline in earnings during the second quarter of 2024, the company reported Aug. 9.
Oil Refiners in US Slow Down, Stoking Global Glut Worries
Some of the top U.S. oil refiners are throttling back operations at their facilities this quarter, adding to concerns that a global glut of crude is forming.
Road to NTDC Spotlight: Gragg Wilson
This year's NTDC field won't include 2023 grand champion Gragg Wilson, but the UPS driver from Nevada still has advice for the current crop of competitors.
Navigating Rising Trucking Costs
As known too well, there has been nowhere for trucking companies to hide from the rising costs of everything from maintenance to insurance.
Road to NTDC Spotlight: Ina Daly
XPO driver Ina Daly's road to success has been paved with precision, passion and perseverance. for more than three decades.