Profits and revenues at Ryder System Inc. increased in the second quarter of 2024 on the back of higher returns from its leasing and maintenance program, the integration of the Cardinal Logistics acquisition and the absence of an accounting charge taken in the year-ago period.
July 26, 2024Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
Stellantis Profit Plunges 48% in First Half of Year
MILAN — Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere July 25 after reporting a plunge in first-half earnings.
July 25, 2024XPO’s Budlowski Secures 13th Trip to NTDC
WINDSOR LOCKS, Conn. — XPO's Ernie Budlowski and Team Connecticut are hoping that their upcoming trip to Indianapolis results in back-to-back championships at NTDC.
July 25, 2024Ford Profit Falls Short on Quality Woes, Warranty Costs
Ford Motor Co. posted second-quarter profit that fell short of Wall Street estimates, saying quality problems with new vehicles led to a surge in warranty costs.
July 24, 2024European Truck Sales Slump Hurts Paccar Q2 Profits
Paccar Inc. profits fell in the second quarter of 2024 on the back of sagging European truck sales and lower parts and financial services divisions profits.
July 24, 2024House Bill Seeks $100M Annual Grant for Rail Safety Upgrades
Senior members of the U.S. House Transportation Committee recently introduced legislation to enhance safety requirements for trains carrying hazardous materials.
July 24, 2024Michelin Weighs Shuttering More Plants on Europe Downturn
Michelin said Europe’s “difficult economic situation” is causing a drop in tire demand across different sectors that is leading to overcapacity in the region.
July 24, 2024Atlas Energy to Deploy Self-Driving Trucks for Fracking Sand
Atlas Energy plans to deploy self-driving trucks developed by Kodiak Robotics for delivery of fracking sand to Permian Basin oil and natural gas wells in Texas beginning in early 2025.
July 24, 2024Volvo Trucks North America Offers CARB-Compliant Engine
Volvo Trucks North America announced the availability of a diesel engine that meets CARB requirements for nitrogen oxide and particulate matter emissions standards.
July 23, 2024EV Output Is 45% Below Carmakers’ Expectations, Supplier Says
Carmakers are faced with significant overcapacity to make EVs because of softening demand with many turning back to development plans for combustion-engine cars, OPmobility SE reports.
July 23, 2024