WASHINGTON — The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of high interest rates.
July 25, 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.
Ruling Paves Way to Restart Work on Exxon’s Texas LNG Plant
A bankruptcy judge on July 24 approved a settlement that will allow other companies to finish work on an Exxon gas export project in Texas.
July 24, 2024Ford Profit Falls Short on Quality Woes, Warranty Costs
Ford Motor Co. posted second-quarter profit that fell short of Wall Street estimates, saying quality problems with new vehicles led to a surge in warranty costs.
July 24, 2024Old Dominion Posts Third Straight Quarter of Revenue Growth
Old Dominion Freight Line marked its third consecutive quarter of year-over-year revenue growth during the second quarter of 2024, the company reported July 24.
July 24, 2024Colorado Cracks Down on Predatory Towing With New Law
A broad new law to end predatory towing practices takes effect Aug. 7 in Colorado, legislation that was backed by a state senator whose vehicle was wrongfully towed last summer.
July 24, 2024European Truck Sales Slump Hurts Paccar Q2 Profits
Paccar Inc. profits fell in the second quarter of 2024 on the back of sagging European truck sales and lower parts and financial services divisions profits.
July 24, 2024Gaining Driver Buy-In Is Key to Deploying Dashcams
CHICAGO — Fleet operators are increasingly embracing the use of dash cameras, but successfully deploying these in-cab systems hinges on driver acceptance of the technology.
July 24, 2024House Bill Seeks $100M Annual Grant for Rail Safety Upgrades
Senior members of the U.S. House Transportation Committee recently introduced legislation to enhance safety requirements for trains carrying hazardous materials.
July 24, 2024CBP Installs X-Ray Scanner for Containers at Texas Port
The busiest land border crossing between the U.S. and Mexico now has an advanced X-ray machine that is intended to help more efficiently move commercial truck traffic through the facility.
July 24, 2024Michelin Weighs Shuttering More Plants on Europe Downturn
Michelin said Europe’s “difficult economic situation” is causing a drop in tire demand across different sectors that is leading to overcapacity in the region.
July 24, 2024