The U.S. average diesel price edged up 2 cents, reaching $3.573 per gallon, according to U.S. Energy Information Administration data released Oct. 28.
October 28, 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.
Ford’s Profit Outlook Falls Short as EV Demand Slows
Adjusted earnings before interest and taxes this year will be about $10 billion, down from a previous outlook for as much as $12 billion, the company said Oct. 28.
October 28, 2024United Rentals Hits Q3 Revenue High, Faces Margin Pressure
United Rentals Inc. set a quarterly revenue record in Q3 on surging demand in its specialty rentals segment, but the company faced margin pressure on bottom-line results.
October 28, 2024PepsiCo to Close Chicago Plant, Offer 60 Days’ Pay
PepsiCo said the decision was difficult, but it described the 60-year-old building as a facility with “physical limitations.” The company said it would pay workers for the next 60 days
October 28, 2024International Motors Q3 Profit Almost Doubles as Sales Soar
Profit at International Motors almost doubled year on year in Q3 as the OEM cleared a delivery backlog caused by a Q2 fire at a mirror supplier, with truck sales jumping more than 40%.
October 28, 2024Fed Faces Trust Gap in Economic Management, New Data Show
The average level of trust in the Fed’s ability measured 3.2 on a scale of 1 to 7, with 7 representing the highest trust. The authors also found a political divide among respondents.
October 28, 2024Total Distribution Buys REO Processing & REO Logistics
Third-party logistics specialist Total Distribution Inc. is adding 10 facilities across West Virginia and Georgia through the acquisition of REO Processing & REO Logistics, it said in a release.
October 28, 2024Voltera Adds Two California Truck Charging Locations
“Securing these two sites in California is a significant step forward in our mission to support the electrification of commercial fleets,” said Sylvia Hendron.
October 28, 2024Autonomous Tech Could Transform Farming
A growing number of companies are bringing automation to agriculture. It could ease the sector’s labor shortage, help farmers manage costs and protect workers from extreme heat.
October 28, 2024Autonomous Yard Tractor Developer Outrider Raises $62M
Autonomous electric yard tractor software developer Outrider raised $62 million in an oversubscribed Series D financing round, it said Oct. 24.
October 28, 2024