Diversified supplier Commercial Vehicle Group Inc. reported second-quarter net income and revenue fell, and new pricing began in July.
August 5, 2022Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Driving Your Fleet Towards Idle Reduction
Program Airs: September 8, 2022, 2 p.m. ET. Idle time, whether it’s time spent waiting to load or unload a shipment or in a scale house line up, has significant impacts on your fleet operations. It increases the carbon emissions produced by your fleet, quietly consumes your fuel and personnel budgets, reduces operational efficiencies, and creates bottlenecks along your drivers’ routes. According to SmartWay, a partner of the US EPA, if each driver in a 25-truck fleet idled for only two hours, that fleet would burn 40 gallons of diesel each day, at a cost of over $46,000/year.Â
September 8, 2022NHTSA Probes Tesla Crashes That Killed Two Motorcyclists
DETROIT — Two crashes involving Teslas apparently running on Autopilot are drawing scrutiny from federal regulators and point to a potential new hazard on U.S. freeways: The partially automated vehicles may not stop for motorcycles.
August 5, 2022XPO Names Mario Harik to Succeed Brad Jacobs as CEO
XPO Logistics Inc. announced that Mario Harik will succeed Brad Jacobs as CEO of XPO and join the board of directors following XPO’s planned spinoff of its tech-enabled brokerage platform.
August 4, 2022ATA’s Chris Spear Optimistic About Trucking Economy, R.I. Tolling Verdict
American Trucking Associations President Chris Spear said the trucking industry continues to show resilience despite challenges in the U.S. economy, marked by two straight quarters of negative gross domestic product and interest rate hikes by the U.S. Federal Reserve that aim to slow decades-high rates of inflation.
August 4, 2022Schneider Launches Digital Marketplace for Bulk Shippers
Schneider National launched a new digital marketplace that aims to give bulk shippers more flexibility and visibility, the carrier announced Aug. 4.
August 4, 2022Allison Cites Resilient Demand in Q2 Revenue Gain
Allison Transmission Holdings Inc. reported gains in net income and revenue in the second quarter as demand continued.
August 4, 2022Nikola Reports $18.1 Million Revenue
Nikola Corp. reported its first meaningful revenue and said it’s on track to deliver as many as 500 electric big rigs to customers this year.
August 5, 2022Orange EV Secures $35 Million From Outside Investor
Yard truck maker Orange EV announced Aug. 4 that it has secured $35 million from S2G Ventures — its first large outside investor.
August 4, 2022TA Reports Strong Q2 Net Income, Revenue
TravelCenters of America Inc. reported second-quarter net income more than doubled and revenue soared amid favorable fuel purchasing conditions.
August 3, 2022