1-In the latest data released by the Energy Information Administration on November 27, the national average price for diesel experienced its fifth consecutive decline, dropping by 6.3 cents to settle at $4.146 per gallon. This downward trend follows a significant 10.1-cent increase on October 23, marking a notable shift in diesel costs. Throughout this period, the price of trucking’s primary fuel has fluctuated, with decreases ranging between 9.1 cents on October 30 and the current 6.3 cents. Compared to the same period in 2022, the current price reflects a decrease of 99.5 cents per gallon. The EIA’s weekly survey indicated a uniform decline in diesel prices across all 10 regions, varying from a high of 9.2 cents per gallon in the Midwest to a marginal drop of four-tenths of a cent in the Central Atlantic region. Alongside diesel, gasoline prices also experienced a decrease in all surveyed regions, with an average drop of 5.1 cents, reaching $3.238 per gallon.
2-Peterbilt marked a significant achievement with the production of their 750,000th truck at the Denton, Texas manufacturing facility. This milestone, a Model 579, signifies Peterbilt’s longstanding commitment to manufacturing excellence since the plant’s establishment in 1980. The keys to this commemorative truck were handed over to TMC Transportation, Inc., the largest privately held flatbed carrier in the U.S., renowned for its dedication to quality and customer service. TMC’s reliance on a 100% Peterbilt fleet emphasizes their confidence in Peterbilt’s trucks, known for their technological advancements, comfort, aerodynamics, and fuel efficiency. Jason Skoog, Peterbilt’s general manager, expressed pride in the enduring partnership with TMC, recognizing the importance of delivering top-quality products tailored to customer specifications.
3-Tesla has filed a lawsuit against the Swedish Transport Agency over a workers’ strike that has effectively blocked the delivery of license plates for the U.S. auto maker’s new vehicles. The strike was initiated by unions boycotting Tesla’s business operations in Sweden to pressure it to sign an agreement with its workers. The lawsuit is expected to be a response to the strike that has been going on for a while now. The strike has grown to the point that it could have global implications, with potential ripple effects for labor movements and auto workers across Europe and the US.
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