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Strong Trailer Demand Grows Wabash Q1 Profits

Wabash reported higher profits and sales during the first quarter as motor carriers and shippers rushed to purchase trailers to meet strong freight demand.

April 27, 2022

Microsoft’s, Chipmakers’ Bottom Lines Hit by Xi’s Lockdowns

Companies from Microsoft Corp. to Texas Instruments Inc. that long benefited from supply chains that run through China now are paying a price for the country’s sweeping lockdowns that have confined millions to their homes.

April 27, 2022

Paccar Reports Higher Profit, Revenue for Q1

Paccar Inc. posted increases in net income and total revenue in the first quarter, the truck maker said in its report released April 26.

April 26, 2022

Bill to End Predatory Towing Goes Before Maryland Governor

Despite strong opposition from the towing industry, Maryland truckers are optimistic the governor will sign a bill to end predatory towing practices on highways under the jurisdiction of the state police.

April 26, 2022

March’s Average Used Class 8 Retail Price Breaks $100,000

The average retail price in March of a used Class 8 vehicle pushed past the $100,000 mark for the first time, ACT Research reported.

April 26, 2022

Zero-Emission Truck Trial OK’d for California Ports

Long Beach harbor commissioners on April 25 approved an agreement — hailed as groundbreaking — that will deploy 100 battery-electric trucks owned and operated by Schneider and NFI to the twin ports of Los Angeles and Long Beach.

April 26, 2022

ERoad Appoints Akinyemi Koyi to Lead North American Team

ERoad has appointed Akinyemi Koyi as president of its North American operations, the transportation technology company said.

April 25, 2022

Perspective: Optimizing Trailer Management

Many technologies exist to help fleets monitor cargo in their trailers, but carriers must be mindful of how the cargo itself — including what it’s made of — might impact the effectiveness of their tracking systems, especially if they look to make a change. Better trailer management can also improve drivers’ job satisfaction by mitigating issues they sometimes face in detention time and finding empty trailers.

April 25, 2022

Cummins Files for Possible IPO of Filtration Business

Cummins Inc. announced its filtration business confidentially submitted a draft registration statement with the U.S. Securities and Exchange Commission for a proposed underwritten initial public offering in the United States.

April 22, 2022