General Motors will again push back the planned opening of an electric pickup truck plant in suburban Detroit and has delayed a Buick plug-in amid uncertain growth in battery-powered car sales.
July 23, 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.Â
General Motors Profit Rises 15% in Q2
DETROIT — U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that helped push the company’s net income 15% above a year ago.
July 23, 2024Task Force Continues to Examine Truck Purchase Agreements
Members of a specially appointed Truck Leasing Task Force recently concluded that many lease-purchase agreements don't give owner-operators a realistic chance to own their trucks.
July 22, 2024Ontario Targets Predatory Towing Practices
Cracking down on predatory towing, Ontario now requires tow truck drivers and vehicle storage operators to have a certificate to operate in the first such move by a Canadian province.
July 22, 2024Yokohama to Buy Goodyear’s OTR Tire Business for $905 Million
Yokohama Rubber Co. agreed to acquire Goodyear Tire & Rubber Co.’s off-the-road tire business for $905 million as part of the Japanese manufacturer’s global expansion plan.
July 22, 2024Class 8 Sales Continue Trending Below Year-Ago Period
U.S. Class 8 retail sales in June experienced their 11th consecutive month of year-over-year declines, according to data from Wards Intelligence.
July 19, 2024Volvo Q2 Profits Jump on Price, Margin Increases
Volvo Group profits jumped year on year in the second quarter of 2024 on the back of truck price increases and improved margins for construction equipment plus marine and industrial engines.
July 18, 2024Trailer Orders Fall 19% in June to 6,300 Units
U.S. trailer orders continued trending below the year-ago figures in June, ACT Research reported.
July 18, 2024Trucking Weathers Another Increase in Cargo Theft for Q2
The trucking industry continued to weather an increase in cargo theft activity during the second quarter of 2024.
July 18, 2024Paccar Technical Center Expands Campus, Adds Staff
The Paccar Technical Center continues to grow in size and head count, some 42 years after the Mount Vernon, Wash., facility began operations, according to its top executive.
July 18, 2024