-
Ford Beats Sales Estimates on Strong Demand for Work Trucks
Ford Motor Co., rapidly retooling its electric vehicle strategy in a decelerating market for plug-ins, posted first-quarter results that beat expectations on strong sales of work trucks.... Read more
-
Softer Global Truck Tire Demand Drags on Michelin Q1 Sales
Michelin posted a 4.1% year-over-year decrease in tire sales in the first quarter of 2024, citing softer overall demand in the truck and specialty tire segments.... Read more
-
New VTNA, Mack Tractors to Leave Plants With HVO in Tank
All Class 8 tractors rolling off VTNA and Mack Trucks production lines are set to depart manufacturing facilities with hydrotreated vegetable oil or renewable diesel in their fuel tanks.... Read more
-
DOT Grant Program Focuses on Commercial Ports
The U.S. Department of Transportation announced grants for ports and supply chain corridors as part of the White House’s strategy for advancing a zero-emission freight landscape.... Read more
-
Forward Air Hires Ex-Ceva Logistics Executive Stewart as CEO
Shawn Stewart is set to join Forward Air as CEO, effective April 28, the carrier said April 23. He also will join the asset-light transportation services group’s board of directors.... Read more
-
ODFL Reports Q1 Revenue and Earnings Growth
Old Dominion Freight Line experienced growth in revenue and earnings for the first quarter of 2024, the company reported April 24.... Read more
-
White House unlocking $1.5 billion to support zero-emission trucks
The plans made public Wednesday support President Biden’s plans for zero emissions freight corridors.... Read more
-
Tesla plans Semi production ramp next year
Tesla's fully electric Class 8 has been delayed at least four times and is five years overdue.... Read more
-
Biden Makes $11 Billion Push to Beat China at Chip Research
The Biden administration is trying to turn cutting-edge semiconductor research into a more enticing field for Americans.... Read more
-
Traton Maintains Battery-Electric Decarbonization Focus
Navistar parent company Traton is standing firm in its belief that battery-electric trucks are the best alternative for trucking fleets looking to decarbonize their operations.... Read more
-
Norfolk Southern Reports Lower Earnings After Settlement
Norfolk Southern’s first-quarter earnings report gave the railroad the opportunity to publicly defend CEO Alan Shaw’s strategy again before investors decide on May 9 whether to back him.... Read more
-
Biden Advances Plan to Make Freight Shipping Carbon-Free
The Biden administration is laying out more of its vision for decarbonizing the freight industry, including plans for standardizing charging infrastructure for electric trucks.... Read more
-
Buttigieg Announces Infrastructure Funds
Assuring the country about the Biden administration’s efforts to improve connectivity along mobility corridors is atop Secretary Pete Buttigieg’s spring agenda.... Read more
-
What to expect from a dedicated contract carrier
Moving to a dedicated contract carrier relieves companies from all the headaches associated with transportation and logistics.... Read more
-
Truck tonnage ticked down in March
ATA's Truck Tonnage Index saw a 2% decrease from February to March, representing a 1% year-over-year decrease. Also: Senators...... Read more