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Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices

Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.

April 27, 2023

Wabash Q1 Profit Jumps as Sales, Order Backlog Soar

Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.

April 27, 2023

Miami, Seven Other Cities to Test Cargo Bikes

Downtown Miami is about to see a last-mile delivery experiment replacing trucks with cargo freight bicycles able to carry 500 pounds.

April 27, 2023

March Trailer Orders Down 55.7% Year-Over-Year

U.S. trailer orders fell by over half of the year-ago total to just shy of 17,000 units in March, ACT Research reported.

April 26, 2023

Charges Filed in Michigan Over Diesel Engine Tampering

Eleven people have been charged in Michigan in a scheme to evade air-pollution rules by tampering with software and hardware in heavy-duty diesel engines, federal authorities said April 26.

April 26, 2023

NHTSA Revives Effort to Require Side Impact Guards

The National Highway Traffic Safety Administration is working with the trucking industry as it revisits a proposal to mandate installation of side underride guards on heavy truck trailers.

April 26, 2023

Nikola Trucks Join Alberta Hydrogen Demo Program

Two Nikola semis are to take part in a commercial vehicle demonstration program in the Canadian province of Alberta, the truck manufacturer said April 25.

April 26, 2023

Paccar Q1 Earnings Soar as Truck, Parts Margins Jump

Paccar saw its earnings jump 22% year-over-year in the three months that ended March 31 on the back of record revenue and a jump in margins.

April 25, 2023

Pete Buttigieg Eyes Expansion of Supply Chain Data-Sharing

A voluntary forum through which freight sector stakeholders can share information is poised to expand, Transportation Secretary Pete Buttigieg recently told members of Congress.

April 25, 2023