Trailer orders declined 26% year-over-year in May, but order boards and backlogs remained high, with continued strong demand from fleets, ACT Research Co. reported.
June 23, 2015Business, Logistics
May Trailer Orders Drop 26%; Backlog Remains High
Business, Fuel
Diesel Price Falls for Fourth Week, Slipping 1.1¢ to $2.859
Diesel’s national average price dipped 1.1 cents to $2.859 per gallon, the fourth consecutive drop, the Department of Energy reported June 22.
June 22, 2015Business
House Passes Free Trade Legislation; Industry Execs Expect Economic Boost
The House late last week approved a bill intended to speed free trade deals, legislation that is backed by business groups and the Obama administration.
June 22, 2015Business, Fuel, Government
Diesel Falls 1.4¢ to $2.87; Gas Jumps 5.5¢
The U.S. average diesel price fell 1.4 cents a gallon last week to $2.87, the third straight decline, the Department of Energy reported.
June 22, 2015Business
South Carolina Ports Authority Reports Record May Volume, Projects 7% Increase for Fiscal 2016
The South Carolina Ports Authority set a record for container movement in May and projects 7% year-over-year growth for its 2016 fiscal year, which begins next month.
June 19, 2015Government, Business
House Passes Free Trade Legislation; Trucking Sees Economic Boost
The House approved a bill intended to speed free trade deals, legislation that is backed by business groups and the Obama administration.
June 18, 2015Business
Volvo’s North American Deliveries Surge 22%
Volvo Group’s North American truck deliveries rose 22% in May from the same month last year, the company reported June 18.
June 18, 2015Business, Fuel
Diesel Average Price Slips 1.4¢ to $2.87 in Third Drop
The average price of diesel dropped for a third week, falling 1.4 cents to $2.87 a gallon, the Department of Energy reported June 15.
June 15, 2015Business, Fuel
Agility, Freightliner Trucks Set Seven-Year Agreement
Agility Fuel Systems has reached a seven-year agreement under which it will be the sole provider of natural-gas fuel systems for Freightliner Trucks.
June 15, 2015Business
Paccar Recalling Some Kenworths Over Wiper-Fluid Defect
Paccar Inc. is recalling more than 100,000 Kenworth model-year 2011-2016 trucks because water may leak into the windshield wiper motor, the National Highway Traffic Safety Administration reported.
June 12, 2015