DTNA, PACCAR Q2 market share grows as sales plummet
Market share grew at Daimler Trucks North America and PACCAR even as Q2 sales sank under the weight of the COVID-19 pandemic.
Market share grew at Daimler Trucks North America and PACCAR even as Q2 sales sank under the weight of the COVID-19 pandemic.
Amazon cargo planes will make daily deliveries to and from the company’s newest airport in Lakeland, Florida.
P.A.M. Transportation points to automotive manufacturing closures as reason for second-quarter loss.
Fully driverless vehicles will take at least a decade to deploy over large areas, and adoption will occur at different rates across the country, according to an MIT brief.
Two recently released indices show that June continued the trucking market’s climb from its low levels of April.
Using a third-party administrator is touted as a way to ward off big verdicts against trucking firms.
“Nuclear verdicts are destroying the excess market. Until someone puts a leash on these lawsuits, I don’t see prices going down that’s for sure,” said Reliance Partner’s Joe Schreiner.
Landstar’s earnings call outlines the company’s better-than-expected guidance.
Before mass-producing electric trucks in Arizona, Nikola plans hand-built models in a pilot facility that will speed sales while phased construction of its $600 million plant proceeds.
Cautious optimism expressed for the June trucking market by analysts at both organizations
In today’s edition of The Daily Dash, autonomous-truck startup TuSimple may not be meeting revenue projections, Knight-Swift reports strong Q2 earnings, and a driver misclassification suit against New Prime reaches a $28 million conclusion.
Although the driver only worked in Massachusetts, he’s an interstate commerce worker. That changes the rules for settling disputes with the retail giant.
Canadian trucking and logistics firm Mullen Group reports a large drop in profits in its second-quarter financial results. But the company is positioning itself for recovery as business activity comes back.
Tesla will build its newest Gigafactory near Austin, Texas, chief executive Elon Musk announced during the company’s earnings call on Wednesday.
Virginia recently became the first state to impose enforceable COVID-19 safety requirements in the workplace which has the trucking industry scrambling to figure out how the new law will affect drivers and operations.
Landstar misses estimates in its second-quarter report, which included bonus payments to workers during the pandemic. New guidance better than expected.
Jerry L. Steele, 53, of Indianapolis, faces charges for possession of stolen property and intimidation with a deadly weapon after allegedly firing a gunshot out of his car’s window after cutting in front of a truck driver in an apparent road rage incident.
Brian Aoaeh continues a series of commentaries on technology-driven innovations in supply chains, logistics and trucking.
Amazon will offer a minimum starting wage of $15 per hour in El Paso
TuSimple may be the country’s largest self-driving truck company, but according to a Wednesday report in the Information, the company is struggling financially.