FTR: Class 8 Truck Production Outpacing Expectations
Speaking at the FTR Transportation Conference 2024 in Indianapolis, Dan Moyer said he would have expected build levels to decline, but that has not happened.
Greenlane Lands $15M for California Zero-Emission Truck Hub
Truck refueling specialist Greenlane won a $15 million grant from the South Coast Air Quality Management District to expedite construction of its flagship Colton, Calif., facility.
Yellow Submits Final Chapter 11 Plan, Seeks Creditor Deal
The administrators are disputing the size of withdrawal liability claims from Central States Pension Fund and other multiemployer pension funds.
Private Fleets Ship Record 75% of Owners’ Outbound Freight
Prior to the past two years, the in-house market share had remained steady at the 67% level throughout the survey’s history, NPTC said.
Daimler Truck Promotes Karin Rådström to CEO
Daimler Truck announced that Karin Rådström will take over as CEO on Oct. 1, replacing company veteran Martin Daum.
Volvo to Launch Battery-Electric Truck With Longer Range
Volvo Trucks plans to boost the range for one of its global battery-electric trucks to about 372 miles on a single charge, the Swedish original equipment manufacturer said Sept. 3.
Seven Logistics Companies Merge Into SalSon Logistics
A group of seven logistics companies is set to merge under the banner of SalSon Logistics, with a focus on drayage and warehousing services, they said Aug. 5.
ArcBest Q2 Profit Climbs on LTL Margin, Price Increase
Profit at ArcBest rose 16.1% year over year in the second quarter as an improvement in less-than-truckload revenue per shipment and an increase in prices trumped a decline in shipments.
Hub Group Misses Analyst Expectations on Weak Q2 Market
Hub Group profit in the second quarter of 2024 fell due to the ongoing weakness in the North American freight market, but a final-mile acquisition in December 2023 offered a bright spot.
Cummins Q2 Profit Rises on Higher Generator, Engine Sales
An increase in sales of power generators and heavy-duty truck engines boosted profits at Cummins Inc. in the second quarter of 2024, the company said Aug. 1.