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The largest network of commercial truck dealers in North America saw a drop in its first quarter profit despite a 26.7% gain in its revenue.
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A new report forecasts the global commercial telematics market to grow from $17.3 billion this year to $39.15 billion in 2019, representing an compounded annual growth rate of 17.7%.
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The American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 0.6% in March, after jumping 1.9% the previous month, according to just released figures.
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Anyone planning to conduct business with the state of Alabama involving their driver’s license will be out of luck for a few days beginning late Friday afternoon.
Read More →New figures show existing-home sales fell to their lowest level in more than 18 months during March, according to the National Association of Realtors, but the trend may be staring to ease.
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Severe weather is being blamed for another downturn in profits by one of the nation’s largest trucking companies in the first quarter of the year.
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Reports of Smith Electric Vehicles’ death may have been exaggerated. Published news stories quote the company’s president as saying it will restart operations in a few months with new financial backing, more efficient manufacturing and a revised line of battery-electric trucks.
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Trucking and logistics provider Forward Air increased revenue the first quarter of the year but income fell compared to the same time in 2013.
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The average cost of diesel has turned around over the past week and decided to follow the path gasoline has been taking for nearly a dozen weeks.
Read More →The New York State Energy Research & Development Authority announced that Crosspoint Kinetics hybrid electric system qualifies for voucher funding.
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