The Vancouver, British Columbia-based fuel system component manufacturer posted net income of $5.8 million, or 33 cents per diluted share, for the three months ending June 30.
August 14, 2024Search
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TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Â
Polestar Starts US Production to Sidestep Steep EV Tariffs
Polestar Automotive Holding UK Plc has started production of its Polestar 3 sport utility vehicle in the U.S. to sidestep the nation’s tariffs on Chinese-made electric vehicles.
August 14, 2024Rheinmetall Expands in US With $950 Million Defense Deal
Rheinmetall AG is set to buy a U.S. military vehicle specialist for $950 million as the German company seeks to expand its position in the world’s largest defense market.
August 14, 2024CPI Inflation Slowed Again in July
WASHINGTON — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September.
August 14, 2024FedEx Freight’s Light Conquers Pennsylvania
This summer, the one time Mike Light focused all his energy on demonstrating the full prowess of his precision-driving skills, he took home Pennsylvania’s grand champion trophy.
August 13, 2024Darling Ingredients Surges on California Proposal
Darling Ingredients soared the most in eight years after California signaled it may limit the use of seed oils in green diesel, which would be a boon to companies that use rival feedstocks.
August 13, 2024Uber Freight Launches Major Shipping Platform Update
Building on its 2018 debut, Uber Freight Shipping has expanded beyond streamlined freight quoting, booking and tracking.
August 15, 2024Cargill Revenue Down as Trader Struggles With Profit Targets
Cargill Inc. took a revenue hit of almost 10% in its most recent fiscal year, a decline that comes amid signs of profit struggles at the world’s biggest crop trader.
August 13, 2024News: Bestpass & Drivewyze Join Forces in Major Acquisition
Bestpass-Fleetworthy Solutions has acquired connected truck and weigh station network operator Drivewyze, the companies announced Aug. 7.Â
August 13, 2024Norfolk Southern Investing $200M to Boost Alabama Capacity
Norfolk Southern will invest $200 million to grow capacity on a key Alabama rail line in a freight corridor for agriculture, automotive, chemicals, forestry and steel goods.
August 13, 2024