The trucking industry continued to bounce along the bottom of a prolonged freight recession during the first quarter of 2024.
May 16, 2024Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Deere Cuts 2024 Profit Outlook on Lower Tractor Sales
Deere’s fiscal second-quarter results beat Wall Street’s expectations, but the company lowered its full-year profit forecast for a second time as farmers buy fewer tractors.
May 16, 2024Range, Thermo King Team Up on Electric Reefer Trailer Pilots
Range Energy is teaming up with Thermo King to investigate the possibilities for electric refrigerated trailers, the companies said May 9.
May 15, 2024April Medium-Duty Sales Continue Year-Over-Year Gains
U.S. retail sales for medium-duty trucks hit their sixth consecutive month of year-over-year gains in April, according to data from Wards Intelligence.
May 15, 2024Amazon Chooses Volvo VNR Electric as First Class 8 BET in US
E-commerce giant Amazon.com Inc. plans to deploy 47 Volvo VNR Electric tractors across its Southern California operations, its first Class 8 battery-electric trucks.
May 14, 2024FMCSA Grants Freight Hauler Exemption for Intellistop System
Federal regulators have granted a five-year exemption to fuel hauler Gemini Motor Transport to operate a flashing brake light system manufactured by Intellistop Inc.
May 14, 2024Ryder: Switching to a Class 8 EV May Double Vehicle Costs
A new analysis by leasing and logistics specialist Ryder System indicates the business case for swapping a diesel or gasoline van or truck for an EV is shaky for much of the trucking industry.
May 14, 2024Westport Fuel Systems Q1 Loss Widens; Sales Fall, Costs Rise
Losses at Westport Fuel Systems Inc. widened in the first quarter of 2024 on the back of weaker revenue and inflationary cost increases.
May 13, 2024TFI Buys Quebec-Based Truckload Carrier in Fourth 2024 Deal
TFI International acquired Quebec-based specialized truckload carrier Transport MJ Lavoie for an undisclosed sum, its fourth purchase so far in 2024.
May 13, 2024Volkswagen Reported to Eye Traton Stock Sale
Volkswagen AG is exploring the sale of as much as $1.1 billion of stock in Traton SE, taking advantage of the truck maker’s surging price to increase the number of shares available for trading.
May 13, 2024