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Freight Group Emphasizes Heavy-Duty Charging Infrastructure

WASHINGTON — A coalition of freight stakeholders called for greater emphasis on the heavy-duty sector as federal lawmakers and regulators prioritize electric vehicles nationwide.

July 27, 2023

Wabash Quarterly Profit Jumps as Margin Rises

Trailer manufacturer Wabash National posted a 6.8% increase in net sales in the second quarter compared with the same period a year earlier. 

July 27, 2023

Strategic Tactics Drive Cargo Theft Rise

The trucking industry has faced an increase in cargo thefts this year, with thieves developing more sophisticated and strategic tactics.

July 27, 2023

Traton’s Profit Jumps in Second Quarter

Traton SE’s profits soared in the second quarter of 2023 as sales jumped compared with the year-ago period, the parent company of Navistar said July 26.

July 26, 2023

June Used Class 8 Sales Little Changed From Last Year

Used Class 8 truck sales in June came in at 21,500 units, equal to sales figures from the year-ago period, ACT Research reported.

July 26, 2023

Stellantis Profits Soar 37% in First Half of Year

MILAN — Stellantis on July 26 reported a 37% boost in earnings in the first half of the year, driven by strong North America income and an increase in electric vehicle sales in Europe.

July 26, 2023

Paccar Sales, Parts Unit Push Quarterly Profit to Record

Paccar posted record quarterly income in the three months that ended June 30, beating estimates as profits across some of the company’s divisions reported healthy year-over-year gains.

July 25, 2023

Aurora Details Financial Plan, Unveils Lidar Breakthrough

Autonomous technology developer Aurora says it has set itself up financially for up to the next two years with a new round of public and private funding. 

July 25, 2023

General Motors Q2 Earnings Rise 52% on Strong Sales, Prices

DETROIT — Despite taking on a huge chunk of an expensive electric vehicle recall, General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago. 

July 25, 2023