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DB Schenker to Carry Out Range Energy Trailer Testing in H2

DB Schenker will carry out a pilot program testing Range Energy’s electrified dry van trailers in the second half of 2024, the startup said.

April 30, 2024

Traton Profit Rises on Higher Prices, 'Favorable' Markets

Profits for global truck manufacturer Traton rose in the first quarter on momentum from favorable market conditions and higher prices, including for the International Trucks brand.

April 29, 2024

Labor Deal Signing Bonuses Dampen Record Allison Sales

Signing bonuses linked to a labor contract ratified by United Auto Workers members in January hurt profits at Allison Transmission Holdings in the first quarter of 2024.

April 26, 2024

Intermodal Chassis Manufacturers Pull Back on Output

Intermodal chassis manufacturers are scaling back production as a result of weak demand as well as a supply overhang, company executives said.

April 25, 2024

Truck, Trailer Reefer Weakness Hurts Carrier Global Profits

Carrier Global profits dropped in the first quarter of 2024, with results hurt by weaker North American truck and trailer refrigeration sales, the company said April 25.

April 25, 2024

Tesla Promises Semi Truck Production to Begin in Late 2025

Tesla Inc.’s touted Class 8 Semi tractor is likely to begin rolling off the company’s Reno, Nev., production line late next year, according to a senior executive.

April 25, 2024

Hertz Reports $392 Million Loss

Hertz reported a loss that was nearly three times worse than analysts expected as it accelerated sales of electric vehicles to reduce its fleet of Tesla models that have weighed on profits.

April 25, 2024

Caterpillar Volumes Slip From Year-Ago Levels

Caterpillar Inc. reported first-quarter results that showed machinery sales slipping from a year earlier and warned that the trend is expected to continue in its second quarter.

April 25, 2024

Softer Global Truck Tire Demand Drags on Michelin Q1 Sales

Michelin posted a 4.1% year-over-year decrease in tire sales in the first quarter of 2024, citing softer overall demand in the truck and specialty tire segments.

April 24, 2024