Volvo Group profit fell 28.5% in the third quarter of 2024 as a downturn in demand for trucks in both Europe and North America crimped revenue and margin.
October 18, 2024Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
BMW Recalls 700,000 Cars in China Over Coolant Pump Issues
Models affected include locally made 3 Series and 5 Series vehicles, as well as several imported X Series SUVs.
October 18, 2024Oklahoma Woman Wins the Last Peterbilt Model 389x Built
NASHVILLE, Tenn. — An Oklahoma woman won Rush Truck Centers’ sweepstakes to give away the last Peterbilt Model 389x produced.
October 17, 2024EV Manufacturer Revoy Unveils Ryder as First Customer
Revoy revealed Ryder System as the first customer for the Bay Area startup’s electric vehicle, which converts a Class 8 diesel semi into a hybrid without any changes to the tractor.
October 17, 2024Study: Tighter Intermodal Chassis Regulation Enforcement Needed
Policy changes would be an impractical solution to making the drayage and intermodal chassis market more efficient, according to a recently published study.
October 17, 2024PACT, Utilities Team Up to Speed ZEV Infrastructure Buildout
The memorandum of understanding sends a signal to the freight market that utilities are allies, Aravind Kailas told TT. “We can present a united front,” he said.
October 17, 2024Deere Cuts 300 Jobs as Farm Equipment Sales Decline
Deere said it boosted its workforce when demand surged during the COVID-19 pandemic, which roiled supply chains, only for the farm economy to start slowing.
October 16, 2024September Medium-Duty Truck Sales Fall 9.4% Year on Year
Overall, sales of Classes 4-7 trucks fell 9.4% year on year in September. Four out of the nine months in 2024 have seen a year-over-year decrease.
October 16, 2024Aurora: Autonomous Trucks Can Reduce Risk, Insurance Costs
NASHVILLE, Tenn. — Autonomous trucks could help ease liability risk and alleviate rising insurance costs in the trucking industry by proactively identifying hazards and avoiding crashes.
October 16, 2024Volvo Trucks Pushes Ahead With Electric Truck Goals
NASHVILLE, Tenn. — Volvo Trucks North America President Peter Voorhoeve reaffirmed Oct. 13 his commitment to lowering emissions with electric trucks even amid a slowing market.
October 15, 2024