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Ryder System Posts Higher Sales, Lower Profits in First Quarter

Ryder System generated record revenue and lower net earnings in the first quarter as strong sales for the Miami-based equipment leasing and logistics service provider were offset by a write-down of goodwill for its operations in the United Kingdom and higher expenses associated with the sale of used vehicles.

April 24, 2018

Yamato, DeNA Test Autonomous Delivery System in Japan

On April 24, Yamato Transport Co. and DeNA Co. tested an autonomous vehicle delivery service to gauge the potential of self-driving technology in the field of logistics.

April 24, 2018

Paccar Sets Record for Quarterly Revenue

Paccar Inc. notched record quarterly revenue and soaring net income in the first quarter, benefiting from a truck market that continues to climb.

April 24, 2018

Caterpillar Gives Vote of Confidence to Global Economy

Caterpillar Inc. raised its earnings forecast in a sign that industries from mining to energy are gaining momentum amid a stronger global economy — assuming no trade wars.

April 24, 2018

Freightliner Launches Cabover Refuse Truck

LAS VEGAS — Daimler Trucks North America has introduced a low cab-forward refuse model for its Freightliner brand that the company said will complete its vocational lineup.

April 24, 2018

Volvo Reports Higher Quarterly Net Income, Revenue as North American Orders Soar

AB Volvo reported first-quarter net income and revenue increased despite supply chain constraints in North America’s surging truck market.

April 24, 2018

Electric Buses Starting to Dampen Demand for Diesel

Electric buses were seen as a joke at an industry conference in Belgium seven years ago when Chinese manufacturer BYD Co. showed an early model.

April 24, 2018

Several Members of Congress Send Letters Asking EPA to Drop Proposal to Repeal Glider Kit Regulation

Members of Congress on both sides of the aisle have written three letters to Environmental Protection Agency Administrator Scott Pruitt asking him to reconsider his proposal to repeal an Obama administration regulation that would limit the number of glider kits manufactured each year.

April 20, 2018

GE Is in Talks to Unload Rail Business in Deal With Wabtec

General Electric Co., the beleaguered manufacturer undergoing a strategic review, is in talks to sell its century-old locomotive business to rail-equipment maker Wabtec Corp., according to people familiar with the matter

April 23, 2018