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, 2018Search
Showing 10 of 7870 results
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Trail King, Goldhofer Reach Distribution Agreement
Trail King Industries announced it would become the exclusive U.S. and Canadian distributor of highway trailers made in Germany by Goldhofer AG, which also will become the sole distributor of Trail King products globally.
April 24, 2018Yamato, 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, 2018Paccar 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, 2018Caterpillar 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, 2018Freightliner 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, 2018Volvo 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, 2018Electric 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, 2018Several 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, 2018GE 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