Deere & Co. unexpectedly maintained its annual profit outlook as the world’s top tractor maker sought to cut costs in a slumping farm economy.
August 15, 2024Search
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Walmart Boosts Outlook for 2024
NEW YORK — Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions.
August 15, 2024XPO Explores Sale of European Transportation Business
XPO has revived a sale of its European transportation business, according to people familiar with the matter, almost two years since it last scrapped the attempt to divest the operation.
August 15, 2024Missouri Awarding Grants to Lift Biodiesel, Ethanol Output
The Biofuel Infrastructure Incentive Program, administered by MASBDA, will award grants to biofuel retailers, distributors, terminal companies or fleet operations.
August 14, 2024Medium-Duty Truck Sales Rebound After Two-Month Decline
U.S. retail sales of medium-duty trucks in July experienced overall year-over-year gains despite mixed results across vehicle segments, according to data from Wards Intelligence.
August 14, 2024Walmart Overtakes PepsiCo on Top 100 Private Carriers List
Walmart Inc.’s initiatives to strengthen its in-house trucking operations have elevated it to No. 1 on this year’s updated Transport Topics Top 100 Private Carriers list.
August 16, 2024Private Carrier Sector Rankings Reflect Fleet Growth
Although freight market conditions have been favorable to shippers for the past two years, many of the largest private carriers in North America operate larger fleets now than in years past.
August 16, 2024California Drivers Face Nation’s Steepest Fuel Tax Mountain
A new fuel analysis names California, Illinois and Pennsylvania as the states with this year’s highest diesel and gas taxes, while Alaska, Mississippi and Hawaii have the lowest.
August 14, 2024Westport Posts Slight Revenue Decline Amid Restructuring
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, 2024Polestar 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, 2024