The parent to Freightliner, Western Star and Detroit Diesel saw a big jump in its fourth quarter earnings while profit fell.
Daimler and Volvo Report Fourth Quarter Earnings
The parent to Freightliner, Western Star and Detroit Diesel saw a big jump in its fourth quarter earnings while profit fell.
by Staff
February 10, 20141 min to read
Daimler AG reports its net profit decreased 36% from a year ago while revenue increased 8%. Sales in its Daimler Trucks division increased 19% during the same time.
It expects increased growth for the coming year, including above average activity in North American and in emerging markets.
Read more about it from RTT.
Meantime, competitor Volvo Group said it plans to increase the number of planned jobs cuts while it reported a drop in fourth quarter earnings of 17% from a year ago with revenue increasing 8.2%.
Truck deliveries for the parent of Volvo and Mack truck during the period were up 15% while orders increased 12%.
Read more about it from Bloomberg.
More Fleet Management
Trucker Path, Truckstop.com Expand Load Access Partnership
An expanded Trucker Path and Truckstop.com integration brings more freight opportunities into the TruckLoads app while emphasizing security and network quality.
Read More →
Truckload Rates Hit Two-Year Highs as Diesel Costs Surge, DAT Says
Strong March freight demand combined with a spike in fuel costs pushed both spot and contract truckload rates to their highest levels in more than two years.
Read More →
The AI Conversation You Need to Have with Your TMS Provider
Everyone’s talking about AI — but is your transportation management system actually built for it?
Read More →
Kriska Buys Fellow Canadian Carrier Sharp Transportation Systems
Being part of KTG will allow Sharp to expand and improve its services.
Read More →
Bill in House Would Raise Minimum Insurance for Motor Carriers to $5 Million
The Fair Compensation for Truck Crash Victims Act would increase insurance requirements for interstate motor carriers by nearly seven times.
Read More →
FTR Trucking Conditions Index Hits Four-Year High in February
Strong freight rates push TCI to 10.2, but FTR expects fuel-price volatility to skew March results.
Read More →
C.H. Robinson Offers Carriers Relief as Diesel Prices Surge
C.H. Robinson is waiving fees on fuel cards and cash advances for April and May, aiming to help carriers offset rising diesel costs tied to geopolitical instability.
Read More →
What Trucking Events are Happening in 2026?
Looking for trucking-related conventions, expos, and other events? Heavy Duty Trucking has developed this list of national and larger regional trucking shows and events.
Read More →
Volvo’s Quiet Confidence Turns into a Full-Throated Bet on the Future
After years of steady, methodical progress, Peter Voorhoeve says the OEM’s latest lineup isn’t just evolutionary. It’s delivering real, measurable gains for fleets right now.
Read More →
BeyondTrucks Targets Rate Complexity with New AI RateAgents
BeyondTrucks says its new RateAgents can turn plain-language rate logic into working code, starting with fuel surcharges — a critical but notoriously complex piece of carrier revenue.
Read More →