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Car and truck maker Daimler AG reported a slight increase in its second quarter profit, but it expects significantly lower truck sales for this year. Meanwhile, one supplier is feeling the effects of the slowing North American commercial vehicle market.
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Moderating new truck production and trade-ins have avoided layoffs and a greater glut of used trucks on dealers' lots, Dennis Slagle says.
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The San Diego Port Tenants Association (SDPTA) received a $5.9 million grant from the California Energy Commission (CEC) to fund the development of 10 all-electric medium- and heavy-duty vehicles for operation at the Port of San Diego.
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Truckload linehaul rates in June were nearly the same as the month before, but they are still below levels from a year ago, while there seems to be no end to the recent drop in rates for intermodal shipments.
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Asset-light trucking and related services provider Landstar System reported a 20% second quarter decline in earnings due to lower revenue and a big insurance claim.
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A high number of dry van trailer order cancellations caused the trailer market to perform below expectations in June, as U.S. net trailer orders fell 10% from the month before and 56% compared to June 2015.
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The Federal Motor Carrier Safety Administration is delaying the implementation of the final stage of its simplified online registration process, called the Unified Registration System.
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Fitzgerald Glider Kits has finalized the purchase of two Peterbilt dealerships in the southwest region of Virginia, formerly known by the name Performance Peterbilt of Bristol.
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Volvo Trucks North America has named Jeff Lester senior vice president of sales, a newly created position within the company, effective Aug. 1.
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Years of work in the lab and millions of miles of road testing has culminated in three new Rotella engine oils formulated to meet the API CK-4 and FA-4 oil-service categories that will start coming on the market later this year.
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