Transport Topics

• Ford CEO Farley Says Chinese Cars in US Would Be Devastating

  Ford's top executive says allowing Chinese automakers to sell their cars in the U.S. would be “devastating” to American manufacturing.

• FedEx CFO John Dietrich to Depart After Freight Spinoff

  FedEx Chief Financial Officer John Dietrich will step down after the courier completes a planned spinoff of its freight division into a stand-alone company.

• Love’s Opens New Travel Stop in Alabama

  The 14,307-square-foot location includes 123 truck parking spaces, as well as nine diesel bays, seven showers, laundry facilities, RV amenities and a dog park.

• Kenworth Decline Trims Mexican March Class 8 Truck Output

  Truck and bus manufacturers built 12,617 heavy-duty vehicles in Mexico in March, a 6.6% decrease compared with 13,512 vehicles in the same period a year earlier.

• Oil Prices Soon to Reflect Severity of War Crisis, IEA Says

  More than 80 energy facilities have been damaged during the hostilities, and a recovery could take as long as two years, Fatih Birol warns.

• Buyers Shocked as Average Price of a New Car Nears $50,000

  Buyers find themselves facing sticker shock at the same time they are already frustrated by the lingering effects of high inflation.

• International Motors Q1 Sales Fall 21% Year Over Year

  “Although the U.S. market has recently shown encouraging signs of an upturn in customer demand, this has not yet had an impact on unit sales,” Traton said.

• Oil Prices Climb as US Prepares for Blockade of Iran's Ports

  Brent crude, the international standard, rose back to $100.49 per barrel and is well above its roughly $70 price from before the war.

• Geely Unveils AI-Powered Tech to Take on Toyota

  The i-HEV technology combines intelligent driving functions, the cockpit and the chassis into a “single centralized brain,” and uses AI to optimize energy management.

• International to Offer Samsara Device Installation at Plants

  International Motors truck and bus customers now can install Samsara devices at the assembly plant ahead of delivery, the telematics vendor said April 9.