NEW YORK — Exxon Mobil reported $5.48 billion in net income during the first quarter as oil and gas prices rose steadily, more than doubling its profits compared with the same quarter last year.
April 29, 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.
Will the Diesel Engine Ever Be Perfected?
The California Air Resources Board has approved for 2027 what the Engine Manufacturers Association refers to as “sweeping new regulations affecting heavy-duty trucks sold in the state.”
April 29, 2022Reefer Carriers Warm Up to Smart Trailer Tech for Cold Chain Logistics
Paying attention to the details in cold chain logistics can save customers and carriers cold hard cash — especially for those companies that are investing in the latest technological advancements.
April 29, 2022Tire Choices Provide Pros, Cons for Fleet Maintenance Managers
In the current environment of high fuel prices and a technology shift looming over many companies regarding last-mile delivery, fleets are challenged to develop a strategy toward tire management. For some maintenance managers, the debate of new tires versus retreads offers various methods in battling some of those concerns.
April 29, 2022C.H. Robinson Posts Record Q1 Profits
Strong freight demand across its network powered C.H. Robinson Worldwide to record first-quarter profits.
April 28, 2022Nikola Sees Energy Transition in Arizona Desert
COOLIDGE, Ariz. — Several customers’ recently completed Nikola Tre Class 8 battery-electric trucks sat ready for delivery inside Nikola Corp.’s new assembly plant, a scene described by company executives as a watershed moment since the white cabover BEVs will generate 7-year-old Nikola’s first-ever quarterly revenue.
April 28, 2022Dana Reports Gain in Q1 Revenue, Lower Net Income
Dana Inc. reported first-quarter net income dropped and revenue slightly increased.
April 28, 2022Ford Eyes EV Market Leadership With Launch of F-150 Lightning
Ford Motor Co. is officially planting its flag with the launch of an all-electric version of America’s best-selling pickup truck, aiming to overtake Tesla Inc. and lead the electric vehicle market.
April 27, 2022The Big EV Charging Mystery: How Long Does It Take?
How long does it take to “fill up” an electric car? Well, that depends on the car … and the charger … and how many other cars are plugged into the charger … and how full the battery is to begin with … and, oh yeah, the weather matters, too.
April 27, 2022Microsoft’s, Chipmakers’ Bottom Lines Hit by Xi’s Lockdowns
Companies from Microsoft Corp. to Texas Instruments Inc. that long benefited from supply chains that run through China now are paying a price for the country’s sweeping lockdowns that have confined millions to their homes.
April 27, 2022