Diesel fuel costs have nearly doubled due to Middle East conflicts, creating financial strain for commercial drivers, truckers, and diesel vehicle owners. The increases are expected to drive up shipping costs and consumer prices.
fleet management
Volvo Truck Settlement Shows Hidden Emission Risks
Volvo Group agreed to pay $197 million to settle California allegations over undisclosed emission control devices in heavy-duty trucks from 2010-2016, highlighting transparency issues in commercial vehicle emissions.
Howden Hires Trucking Expert as Insurance Brokers Expand
Global insurance broker Howden hired Patrick Thomas as managing director for their U.S. trucking specialty division, signaling continued growth in commercial transportation coverage. The appointment reflects increasing focus on trucking insurance as brokers expand their specialized services.