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Truckload carrier Celadon Group Inc., reported its profit in the first quarter of the year more than doubled from the same time a year ago.
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A measure of U.S. consumer confidence fell in April, its biggest drop since October 2013 and the lowest level in four months.
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Profit for package delivery and trucking giant UPS Inc. increased 12.6% in the first quarter from the same time in 2014.
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Cummins Inc. reported its first quarter profit increased 14% from the same time a year ago, totaling $387 million, driven by stronger demand in on-highway markets and distributor acquisitions in North America.
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Swift Transportation Co. tripled its net income in the first quarter of the year, totaling $37.8 million, or diluted earnings per share of 26 cents, compared to $12.3 million, or 9 cents per share a year earlier.
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The average U.S. cost of on-highway diesel moved higher on Monday for the second straight week as oil prices also gained last week.
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Truck component supplier Accuride Corp. nearly broke even the first quarter of the year after losing more money a year earlier.
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A legal challenge of the Environmental Protection Agency's greenhouse gas emissions standards for heavy-duty trucks has failed after an appeals court found the California trucking groups that had filed suit lacked standing.
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Hundreds of truckers from companies servicing the Ports of Los Angeles and Long Beach have walked off the job to protest what they say are unfair labor practices due to improper employee classification.
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A Volvo Group subsidiary is investing in Peloton Technology, which is working on a truck "platooning" system that would save fuel and reduce congestion by allowing trucks to travel in a close-following "platoon" on the highway.
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