Ford Motor Co. overcame a critical parts shortage and managed to post a surprise profit in the second quarter, thanks to surging prices on models that have become harder to find on dealer lots.
July 29, 2021Fleet Equipment News
Commercial freight transportation is a machine-based business. Highly technical equipment and advanced engineering are at the center of supply chain and require constant innovation. Transport Topics equipment coverage focuses on the machines and other physical assets that make delivery possible. It looks closely at available truck, trailer, and chassis models, developments in the engineering space, and maintenance innovations and best practices.
Ford Posts Surprise Profit on Surging Prices of Scarce Cars
Toyota Defies Chip Shortage to Post Record Output, Sales
Strong global demand for cars boosted Toyota Motor Corp.’s sales to a record for the month of June, with production seemingly unfazed by an industrywide shortage of semiconductors.
July 29, 2021Pilot Rewards 40-Year Driver With Custom Peterbilt Truck
Pilot Co. recently recognized one of its longtime drivers with a custom-made Peterbilt truck.
July 28, 2021US Senate Transportation Policymakers Press for Pipeline Security
The leaders of the U.S. Senate’s freight committee called on the Biden administration, congressional colleagues and private industry stakeholders to enhance security operations following the cyberattack on Colonial Pipeline.
July 28, 2021How Drones Help Workers Inspect Wind Turbines
Nearthlab’s drones use artificial intelligence and laser technologies to help pinpoint potential damage and reduce the chance of accidents during human inspections of wind turbines.
July 28, 2021Boeing Climbs on First Profit Since 2019 as COVID, Max Woes Ease
Boeing Co. earned a profit for the first time in nearly two years, surprising Wall Street and hinting at a potential turnaround after one of the worst financial crises in the planemaker’s centurylong history. The shares jumped.
July 28, 2021Paccar Q2 Results Ride Surge in Truck Deliveries, Parts, Financial Services
Paccar Inc. reported second-quarter earnings and revenue soared compared with a year earlier amid improved truck deliveries, and record performance at its parts and financial service segments.
July 27, 2021VTNA Introduces New Premium Service Offering
Volvo Trucks North America announced its Volvo Blue Contract service offering, a premium plan for new trucks.
July 27, 2021Rush Enterprises Rides Parts, Truck Sales to Higher Earnings
Truck dealership Rush Enterprises reported decidedly higher net income and revenue for the second quarter as the nation’s economy and the company’s markets bounced back.
July 27, 2021US Senators Introduce Bill to Repeal Excise Tax on New Trucks
Two U.S. senators proposed repealing the excise tax on new trucks as an effort to modernize the freight industry.
July 26, 2021Follow Us
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