The European Union is fining five truck makers nearly 3 billion euros for acting as a cartel to fix prices of medium and heavy-duty trucks and time the introduction of technologies to comply with emissions rules.
The Swedish parent to truck brands Volvo, Mack and others reported its second quarter profit slid from a year ago due to lower sales in many parts of the world and has downwardly revised its expectations in North America.
Wisconsin-based Contract Transport Services honors police with a special wrapped truck.
The average price of diesel fuel fell again last week, continuing a streak of very slight declines in the past month, according to the latest numbers from the Energy Department.
Volvo Trucks will lay off around 300 more employees later this year due to weaker truck demand in 2016, according to a report in The Roanoke Times.
The truckload carrier U.S. Xpress is equipping 1,800 of its new Wabash National and Hyundai Translead trailers with SAF ULX40 Slider Suspension Axle Systems, complete with P89 air disc brakes.
Anderson Trucking Service is expanding its corporate office in St. Cloud, Minn., adding 20,000 square feet to accommodate current and future anticipated growth.
Trucking and intermodal giant J.B. Hunt Transport Services reported its second quarter profit increased just slightly, falling short of Wall Street expectations.