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Rush Enterprises’ Net Income, Revenue Set Q1 Records

Truck dealership Rush Enterprises Inc. reported net income more than doubled in the first quarter as revenue rose 27% compared with a year earlier.

May 2, 2022

Lordstown, Foxconn Delay Ohio Factory Sale Deadline

Lordstown Motors Corp. agreed to push back the deadline to sell its Ohio factory to Hon Hai Precision Industry Co Ltd., known as Foxconn, dragging out the closure of the vital partnership and offering no guarantee that it will get done.

May 2, 2022

Despite Gains, Challenges Remain for Adoption of Alt-Fuel Trucks

Record-high diesel fuel prices are creating some painful sticker shock moments at the pump for truck lines and shippers. Yet, those rising costs aren’t necessarily driving a dramatic uptick in adoption of alternative-fueled vehicles in the Class 8 heavy-truck sector.

April 29, 2022

Allison Reports Best Quarterly Revenue Since 2019 in Q1

Allison Transmission Holdings Inc. reported gains in first-quarter net income while revenue rose 15% to post its strongest revenue quarter since 2019.

April 29, 2022

5 Questions: Greg McQuagge, U.S. Xpress

Greg McQuagge, maintenance supervisor at for-hire carrier U.S. Xpress, shares some insight on what it takes to keep trucks on the road.

April 29, 2022

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, 2022

Tire 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, 2022

Nikola 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, 2022

Dana Reports Gain in Q1 Revenue, Lower Net Income

Dana Inc. reported first-quarter net income dropped and revenue slightly increased.

April 28, 2022