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Schneider Q4 Profit Rises 19% on Improved OR, Cowan Deal

A 19% gain in fourth-quarter profit at Schneider was propelled by the boost its dedicated operations received from the carriers acquisition of Cowan Systems, as well as improvements in its operating ratios.

January 31, 2025

United Rentals Q4 Profit, Revenue Rise

The Stamford, Conn.-based company posted a 1.5% increase in Q4 net income to $689 million from $679 million. Revenue increased nearly 10%.

January 30, 2025

Used Class 8 Truck Sales Rise 11% in December

Used Class 8 truck sales in December increased 11.3% year over year and 4.8% from November's level, according to ACT Research.

January 30, 2025

REPLAY: Advancing Technology: A Preview of the 2025 TMC Annual Meeting with Robert Braswell

From basic diagnostics for commercial vehicles to understanding automated driving systems, ATA's Technology & Maintenance Council often takes a lead role in providing guidance on equipment and maintenance for an ever-changing industry.

February 24, 2025

Lower Truck Sales, Higher Costs Hurt Volvo Q4 Profits, Margins

A decrease in truck sales in North America and Europe plus increased production costs in the U.S. dragged on Volvo Group AB profits in the fourth quarter of 2024, the company said Jan. 29.

January 30, 2025

Changes Coming for Car and Pickup Fuel Efficiency

DETROIT Hours after being sworn in as the new Secretary of Transportation, Sean Duffy took aim at the main way the federal government regulates miles per gallon for cars and pickup trucks.

January 30, 2025

Caterpillar Forecasts Lower Revenue This Year

Caterpillar Inc. warned that revenue will be slightly lower in 2025 as demand concerns weigh on the outlook of the heavy equipment maker.

January 30, 2025

Amerit Fleet Solutions Partners With New Mountain Capital

Amerit Fleet Solutions said it secured a majority investment from New Mountain Capital, positioning the fleet maintenance provider for nationwide expansion.

January 29, 2025

Teslas Market Value Surges Despite EV Demand Concerns

The vehicle maker's shares have nearly doubled in value since the last time it reported earnings. But its car-selling business has become a sideshow to Elon Musks political prominence.

January 29, 2025