TravelCenters of America Inc. saw net income and revenue climb in the third quarter amid strength in nearly all business lines.
November 2, 2021Search
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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.
Rush Reports Rise in Q3 Income, Revenue
North American truck dealership Rush Enterprises Inc. reported a jump in third-quarter net income and slightly more revenue as demand for trucks, services and aftermarket rose.
November 2, 2021Cummins Posts Q3 Income, Revenue Gains
Cummins Inc. reported strong medium- and heavy-duty engine sales amid global growth, despite moderating demand in China, led to increased net income and revenue in the fiscal third quarter.
November 2, 2021Sinking Auto Steel Demand Reveals Cracks in Robust US Market
The record steel rally is starting to show early signs of cooling, with one top U.S. producer scouring for buyers to take over abandoned orders of high-end metal used by automakers.
November 2, 2021Volvo’s Voorhoeve Sees Growing Market for Electric Trucks, Driver-Assist Tech
NASHVILLE, Tenn. — Volvo Trucks North America CEO Peter Voorhoeve sees expanding opportunities for electric-powered trucks and further growth for driver-assistance technologies in this time of transformation for the commercial vehicle market.
November 2, 2021Hino Launches Latest Connected Vehicle Platform
Hino Trucks, a Toyota Group company, announced the introduction of Hino Edge, the truck maker’s third-generation connected vehicle platform.
November 1, 2021Fontaine Heavy-Haul Adds 60-Ton Trailer
Fontaine Heavy-Haul announced the launch of its Magnitude 60HD modular low-bed trailer.
October 29, 2021Daimler Q3 Net Income Rises Slightly, Revenue Dips
Daimler AG reported modestly higher net income and a dip in revenue in the third quarter as truck sales rose, but sales of Mercedes-Benz vehicles plunged.
October 29, 2021Navistar Agrees to Pay $52 Million Civil Penalty for Sale of Certain 2010 Engines
Navistar Inc. has agreed to a civil settlement with the U.S. Department of Justice under which the manufacturer will pay a $52 million penalty but admit no wrongdoing in connection with the sale of 7,749 heavy-duty diesel engines in 2010 that the government alleged were sold in violation of the Clean Air Act.
October 29, 2021Volvo’s IPO Marks One of Europe’s Biggest in 2021
Volvo Car AB gained in its trading debut in Stockholm after raising 20 billion kronor ($2.3 billion) in an initial public offering, as investors bought into the company’s successful turnaround and promise of an electric future.
October 29, 2021