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Traton Profit Rises on Higher Prices, 'Favorable' Markets

Profits for global truck manufacturer Traton rose in the first quarter on momentum from favorable market conditions and higher prices, including for the International Trucks brand.

April 29, 2024

Oil Producers Flush With Cash Cut Reliance on Funding Markets

Last year, the demand for loans from fossil fuel companies fell 6% year-on-year and that followed a decline of 1% in 2022.

April 29, 2024

Logistics Supply Chain Shows Steadiness Amid Rough Waters

During the past four years, supply chain and logistics companies have ridden the highs and lows of a market that included a pandemic and fractured economy to keep goods moving.

April 29, 2024

FMCSA Researchers Outline Safety Studies, Data Collection

Plans for significant rulemaking proposals, future technology research and crash data collections were among topics of discussion at FMCSA's Analysis, Research and Technology Forum.

April 29, 2024

Supreme Court Rejects Musk Appeal Over Tesla Tweets

WASHINGTON — The Supreme Court rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some tweets that relate to Tesla.

April 29, 2024

Two Texas Colleges Win Grants to Train 660 CDL Students

Texas has awarded a total of $617,490 to two Texas colleges to train some 660 students to become heavy and tractor-trailer truck drivers.

April 29, 2024

Cleveland-Cliffs Backs Ancora in Norfolk Southern Fight

Cleveland-Cliffs Inc., a major customer of Norfolk Southern Corp., has backed activist investor Ancora Holdings Group in its effort to overhaul the board of the railway company.

April 29, 2024

NHTSA Investigates Ford Crashes Involving Blue Cruise

DETROIT — Two fatal crashes involving Ford’s Blue Cruise partially automated driving system have drawn the attention of U.S. auto safety regulators.

April 29, 2024

DTNA, UAW Ink Tentative Labor Deal for Freightliner Plants

Daimler Truck North America inked a tentative four-year labor agreement with the UAW on April 26, hours before the prior deal at Freightliner manufacturing sites in the U.S. was set to expire.

April 27, 2024

Labor Deal Signing Bonuses Dampen Record Allison Sales

Signing bonuses linked to a labor contract ratified by United Auto Workers members in January hurt profits at Allison Transmission Holdings in the first quarter of 2024.

April 26, 2024