PACCAR puts up strong Q1 numbers, including record parts sales that suggest the new truck backlog is boosting aftermarket sales.
The move comes as the company reports terrific first-quarter results and its shares soar.
Less-than-truckload carrier Yellow announced it is taking delivery of the next wave of equipment, which has been facilitated by the CARES Act loan it received in 2020.
As TriumphPay gets set to bring in HubTran, a business with lots of companies may become one with far fewer firms.
Driver surveys examining turnover rates have consistently shown that drivers value three things: pay, time and respect.
In a business model in which each company keeps its information to itself, data becomes siloed and consumers ultimately pay the price.
Autonomous software from Plus applied to the Cummins Westport natural gas engine could pair self-driving with negative net-zero carbon footprint.
“There’s no reason the yard of the future shouldn’t operate with the click of a button and the power of the sun,” says Outrider CEO Andrew Smith.
Revenue jumps by double digits across the board; pension gains account for about half of EPS increase.
First-quarter earnings reports from truckload carriers highlight a booming freight market. A strong consumer, tight truck capacity and elevated rates appear the likely dynamics for the remainder of the year.
Covenant’s overall OR improved by 620 bps from the first quarter of 2020, a significant gain.
A California freight forwarder filed Chapter 7 bankruptcy last week, collectively owing transportation and logistics companies more than $884,000.
Roehl Transport announced its second driver pay increase of the year.
Several trucking and logistics companies are collectively owed hundreds of thousands of dollars after an Indiana brokerage ceased operations and filed Chapter 7.
The growing backlog of new truck orders has supercharged pricing for newer used models at auctions, with retail traffic also high.
Regulators point to fatalities in promoting Work Zone Awareness Week.
China is the second-largest international trading partner for the three largest land border crossings in the Lone Star State.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Why does innovation stop at the Mexico border?; Arkansas trucking operation expands into Texas; Samsara releases fuel efficiency report; and VW begins exporting Taos from Mexico.
Biden executive order will make it easier to lead by example on electric vehicles, DOT chief says.
Daimler Truck AG, soon to be a stand-alone business, showed a modest recovery from the pandemic-impacted year-ago first quarter.
