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Top 100 For-Hire Carriers: How to Get on the List

Thu, 04/25/2024 - 14:17
Find out how your trucking business stacks up by submitting data for the 2024 Transport Topics Top 100 For-Hire Carriers publication.

Truck, Trailer Reefer Weakness Hurts Carrier Global Profits

Thu, 04/25/2024 - 13:00
Carrier Global profits dropped in the first quarter of 2024, with results hurt by weaker North American truck and trailer refrigeration sales, the company said April 25.

Liquid Hydrogen Fast-Fill Pumps Promise Speedy Fueling Times

Thu, 04/25/2024 - 12:52
OAKLAND, Calif. — Hydrogen fuel cell technology holds significant promise for over-the-road trucking applications, but refueling with hydrogen can be complex, experts said at an event.

NTSB Nominee Homendy on Senate Panel’s Agenda

Thu, 04/25/2024 - 12:21
A vote on the nomination of Jennifer Homendy to continue her term as chairwoman of the National Transportation Safety Board is on a Senate panel’s calendar.

Landstar Reports Revenue Decline for Q1

Thu, 04/25/2024 - 12:12
Landstar System Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 24.

Knight-Swift Reports Earnings Drop Amid Revenue Growth

Thu, 04/25/2024 - 11:52
Knight-Swift Transportation Holdings saw its first-quarter bottom-line results swing from a profit to a loss.

Mullen Group Reports Lower Revenue for Q1

Thu, 04/25/2024 - 11:34
Mullen Group experienced a decrease in revenue and earnings during the first quarter of 2024, the company reported April 25.

Tesla Promises Semi Truck Production to Begin in Late 2025

Thu, 04/25/2024 - 11:27
Tesla Inc.’s touted Class 8 Semi tractor is likely to begin rolling off the company’s Reno, Nev., production line late next year, according to a senior executive.

First Ship Leaves Port of Baltimore via Deeper Channel

Thu, 04/25/2024 - 11:24
The first of 11 ships trapped for a month behind the wreckage of the Francis Scott Key Bridge left the Port of Baltimore April 25 using an alternate shipping channel that had just opened.

FMCSA Plans to Revamp Registration Process

Thu, 04/25/2024 - 10:54
Federal trucking regulators are in the early stages of developing a new online registration process aimed at reducing fraud and improving transparency and efficiency.

Covenant Q1 Profit Slumps 76% on Freight Rate Weakness

Thu, 04/25/2024 - 10:04
Covenant Logistics Group profits tumbled in the first quarter of 2024, with freight rates and volumes taking a toll on earnings as expected.

Micron Clinches Up to $13.6 Billion in US Grants, Loans

Thu, 04/25/2024 - 09:57
The U.S. plans to award Micron Technology Inc. $6.1 billion in grants and as much as $7.5 billion in loans to help the memory-chip maker build new American factories.

Hertz Reports $392 Million Loss

Thu, 04/25/2024 - 09:36
Hertz reported a loss that was nearly three times worse than analysts expected as it accelerated sales of electric vehicles to reduce its fleet of Tesla models that have weighed on profits.

Amazon Web Services to Build Data Center in Northern Indiana

Thu, 04/25/2024 - 09:14
NEW CARLISLE, Ind. — Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced.

Caterpillar Volumes Slip From Year-Ago Levels

Thu, 04/25/2024 - 08:57
Caterpillar Inc. reported first-quarter results that showed machinery sales slipping from a year earlier and warned that the trend is expected to continue in its second quarter.

Union Pacific’s First-Quarter Profit Creeps Up 1%

Thu, 04/25/2024 - 08:35
OMAHA, Neb. — Union Pacific’s first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight.

Economic Growth Slowed Sharply Last Quarter to 1.6% Pace

Thu, 04/25/2024 - 08:14
WASHINGTON — The nation’s economy slowed last quarter, growing at an annual rate of 1.6% in a sign that the high interest rates may be taking a toll on borrowing and spending.

Ford Beats Sales Estimates on Strong Demand for Work Trucks

Wed, 04/24/2024 - 16:38
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.

Softer Global Truck Tire Demand Drags on Michelin Q1 Sales

Wed, 04/24/2024 - 15:44
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.

New VTNA, Mack Tractors to Leave Plants With HVO in Tank

Wed, 04/24/2024 - 15:31
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.

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