Profit fell due to weaker specialty rental margins, lower used equipment sales and higher expenses, including those related to the terminated H&E Equipment Services acquisition.
April 25, 2025Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Ìý
Continental Appoints New CFO Ahead of Parts Maker’s Overhaul
Continental appointed company veteran Roland Welzbacher to succeed Olaf Schick as CFO as the German manufacturer sheds units to focus on its more profitable tires business.
April 25, 2025Auto Carrier Could Take $70 Million Hit From US Port Fees
Hoegh Autoliners ASA, an Oslo, Norway-based car carrier, said that a plan to impose fees on foreign ships calling at U.S. ports could cost the company as much as $70 million.
April 25, 2025Arkansas Trucking Law Cracks Down on Fraudulent Foreign CDLs
The bill, signed April 14 by Gov. Sarah Huckabee Sanders, takes aim at what lawmakers and industry experts said is a spate of foreign drivers operating illegally and unsafely on U.S. roads.
April 24, 2025Equipment: Truck Prices to Rise as Early as May Due to Tariffs
The latest on how the Trump administration's approach to tariffs is impacting OEMs in the trucking industry. Ìý
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April 24, 2025Bendix Offers Voluntary Job Reductions, Citing Tariffs
Bendix Commercial Vehicle Systems is offering voluntary layoffs, citing a sharp slowdown in the trucking industry and economic pressures from tariffs.
April 24, 2025Ryder Q1 Profit Rises 15.3% on Higher Contract Revenue
Profit at Ryder System rose in the first quarter of 2025 as higher contract revenue outweighed ongoing weakness in the rental and used vehicle sales businesses.
April 24, 2025FMCSA Approves Two More Intellistop Five-Year Exemptions
FMCSA has granted two more companies five-year exemptions to operate their trucks using a pulsating brake light system equipped with a module manufactured by Intellistop Inc.
April 24, 2025Trump Orders Truck Import Probe, Setting Stage for Tariffs
President Donald Trump’s administration started an investigation into the need for tariffs on imports of medium- and heavy-duty trucks and parts, an expansion of his trade war.
April 24, 2025Volvo’s US Job Cuts to Total 1,000 VTNA, Mack Employees
CEO Martin Lundstedt dropped the bombshell in the final moments of the truck and bus maker’s first quarter of 2025 earnings call, revealing an additional 200 or so jobs would be cut.
April 23, 2025