Daimler AG reported a decline in profitiability and revenue in the second quarter and also announced a corportate restructuring which will split off Mercedes-Benz AG, Daimler Truck AG, and Daimler Mobility AG.
July 26, 2018
Growth across all business segments let to higher earnings for trucking and parcel delivery giant UPS in the second quarter.
July 25, 2018
The parent company of truck makers Peterbilt, Kenworth, and DAF reported on July 24 a 50% rise in profit and forecast the strong truck sales market will continue into 2019.
July 24, 2018
Werner and Heartland, two major truckload carriers, reported second quarter earnings that showed increased profit and revenue compared to the same time a year ago.
July 23, 2018
Second-quarter profit for the Sweden-based truck and engine manufacturer Volvo Group rose 59% from a year ago.
July 19, 2018
Marten Transport Ltd. has reported a near 50% improvement in net income for the second quarter of the year compared to a year ago.
July 18, 2018
Freight transportation provider J.B. Hunt Transport Services announced second quarter 2018 net earnings of $151.7 million. That’s up more than 50% from the same time a year ago, beating analysts’ expectations.
July 16, 2018
Urgency to move freight before the end of the second quarter and ahead of the Fourth of July holiday helped propel the national average spot van rate to $2.32 per mile during the week ending June 30.
July 5, 2018
The asset-light trucking and logistics provider Roadrunner Transportation Systems Inc. reported its first quarter operating results on Monday that showed a bigger loss than it reported a year earlier as it also said its now in compliance with government reporting rules.
July 2, 2018
The national average spot truckload van rate on the DAT Solutions network of load boards moved only a little higher for the week ending June 23 but it was enough to push it to a new all-time high.
June 26, 2018
Spot truckload rates on the DAT Solutions network of load boards rose again for the week ending June 16 and are on track to achieve the highest ever monthly average for van, refrigerated, and flatbed freight.
June 21, 2018
Demand outpaced capacity during the week including Memorial Day as the number of truck posts on DAT Solutions network load boards dropped 18% while load posts fell just 9% over the past week, according to newly released figures.
June 6, 2018
Navistar International Corp. on June 5 announced it turned around its financial picture in the second quarter of the year, with net income of $55 million compared to a second quarter 2017 net loss of $80 million.
June 5, 2018
The U.S. unemployment rate in May hit its lowest level since 2000, while other reports showed increased movement in the nation’s manufacturing sector and spending on construction hit a record high.
June 1, 2018
National average spot market truckload rates moved slightly higher on the DAT Solutions network of load boards last week as both the number of posted loads and trucks also rose, amid signs of tighter capacity.
May 30, 2018