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Former Business Contributing Editor
Evan Lockridge worked for Heavy Duty Trucking for 20 years until 2018. A consummate "news guy" since the 1980s, he began covering trucking in 1990 on nationwide radio, print and digitally.
He is the recipient of four Jesse H. Neal honors.
Daimler AG, parent company to names such as Freightliner, Western Star, Detroit Diesel, Mercedes, Fuso and others, reported on Friday that its first quarter profit slipped – despite record-setting vehicle sales.
Read More →A measure of quarterly freight shipment and spending activity showed big gains in the first quarter of 2018 compared to the same time a year ago, reflecting a stronger economy.
Read More →New orders for long-lasting manufactured durable goods jumped more than expected in March, but analysts pointed to some concerns deeper in the Commerce Department report. Separate reports showed improvements in new homes sales as well as in consumer confidence.
Read More →A load of publicly held trucking fleets released first quarter 2018 earnings – Forward Air, Knight-Swift, Landstar, Covenant, Echo Global, and Heartland – with all but one reporting better numbers than the same time a year ago.
Read More →Spot market truckload activity picked up during the week ending April 21 as the number of posted loads increased 3.1% and truck posts rose 4%, according to the freight matching service provider DAT Solutions.
Read More →Volvo and Paccar both reported that profits moved higher in the first quarter of the year as sales also improved, increasing their predictions for the Class 8 truck market for 2018.
Read More →The latest economic reports show a further increase in U.S. manufacturing output and a firm footing for the overall economy, but raised some questions about where employment and labor are going, while there were mixed results for existing-home sales.
Read More →Two trucking fleets on Thursday reported increases in their first quarter net income compared to the same time a year earlier.
Read More →Spot truckload rates moderated during the week ending April 14 as more trucks returned to the marketplace. The number of trucks posted to the DAT Solutions network of load boards jumped 11% compared to the previous week while the number of loads fell almost 1%.
Read More →The latest numbers about the health of the U.S. economy showed continued growth when it comes to industrial production, housing starts, and retail sales, indicating increasing energy for the first part of the second quarter.
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