Earnings Watch: Old Dominion, Covenant Transport, Knight Swift Report Higher Profits
Trucking fleets Old Dominion, Covenant Transport, and Knight Swift all reported higher profits for the second quarter.
Trucking fleets Old Dominion, Covenant Transport, and Knight Swift all reported higher profits for the second quarter.
The new website for the used truck outlets, owned by Rush Enterprises, includes and an extensive online inventory of Class 8 trucks and equipment.
Stemco has hired Eric Vaillancourt as its new president, succeeding Todd Anderson.
Growth across all business segments let to higher earnings for trucking and parcel delivery giant UPS in the second quarter.
The “discussion draft” of a wide-ranging infrastructure plan just released by House Transportation and Infrastructure Committee Chairman Bill Shuster is receiving a warm welcome from stakeholder groups, but there’s no guarantee it will be hammered into law.
The adoption of autonomous driving technology will lead to fewer accidents, but the collisions that do occur will likely result in costlier repairs and raise difficult questions relating to driver and manufacturer liability, victim compensation and data collection, The Travelers Institute argues in a new whitepaper.
Spot truckload rates continued their seasonal decline during the week ending July 21, as the overall number of loads posted on DAT load boards fell 5.5% and capacity increased 1.3%.
According to sources familiar with the Trump Administration’s plans, the new rules would halt plans to raise fuel economy requirements in California and other CARB states.
Ford Motor Co. has established a new self-driving-vehicle business unit, and will invest $4 billion through 2023 to better organize and accelerate its efforts to commercialize autonomous vehicles, Ford has announced.
According to the American Trucking Associations, advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index dropped 0.4% to 113 (2015=100) in June, mirroring the 0.4% increase from May.
The parent company of truck makers Peterbilt, Kenworth, and DAF reported on July 24 a 50% rise in profit and forecast the strong truck sales market will continue into 2019.
Despite tensions in the Middle East, average diesel fuel prices last week dropped almost 2 cents from the week before, although they’re still 71 cents higher than a year earlier.
Werner and Heartland, two major truckload carriers, reported second quarter earnings that showed increased profit and revenue compared to the same time a year ago.
Daimler Trucks North America says certain 2018 - 2019 Freightliner Cascadia trucks may have an issue with improperly tightened brake caliper mounting bolts.
The Volvo VNL 300 day cab is now available with the newest version of the Cummins Westport ISX12N Near Zero natural gas engine.
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