Truck dealership Rush Enterprises Inc. reported record second-quarter net income and revenue, citing strong freight demand and consumer spending that resulted in increased sales of commercial vehicles, parts and services.
July 29, 2022Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Schneider Reports $1.75 Billion Revenue for Q2
Schneider National posted increases in revenue and earnings during the second quarter of 2022, the company reported July 28.
July 28, 2022The Glider Truck Is Gone, but Not Forgotten
In its heyday, Fitzgerald Glider Kits was the nation’s top glider truck manufacturer, building and selling thousands of the new truck cab bodies powered by older rebuilt engines.
July 28, 2022Ford Wants Cops to Go Electric by Buying Its New F-150 Pickup Truck
Ford Motor Co. is unveiling its first version of an all-electric pickup truck police cruiser.
July 28, 2022Rivian to Cut 6% of Its Workforce
Rivian Automotive Inc. is cutting about 6% of its workforce and simplifying product plans, saying the economy has made it harder for the electric vehicle maker to raise money to build up production.
July 27, 2022Ford Q2 Profit Up 19% on Strong Prices, Sales Increase
DETROIT — Ford Motor Co.’s net income rose 19% in the second quarter as the company pulled together enough computer chips to boost factory output and sales.
July 27, 2022Union Pacific to Spend $1 Billion to Modernize 600 Trains
Union Pacific, the second-largest U.S. railroad, is spending $1 billion to modernize 600 trains.
July 27, 2022Paccar Reports in Q2 All-Time Quarterly Net Income, Revenue
Paccar Inc. reported record net income and revenue for the second quarter as all segments of its business showed strength.
July 27, 2022Used Class 8 Prices Continue Slide in June, but Remain High
The average retail price of a used Class 8 fell for the third consecutive month in June, ACT Research reported, calling the trend a significant downturn even as the average retail price remained above $90,000.
July 27, 2022Maine’s Alan Paradis on NTDC: ‘I’m Alive to Do It’
As he battled cancer during the pandemic, Alan Paradis' friends and colleagues insisted that he compete in Maine’s truck safety tournament. It proved to be sage advice.
July 26, 2022