Keiron Greenhalgh is a business reporter at Transport Topics.
Prior to joining Transport Topics, Keiron wrote about all things clean energy for IHS Markit’s Net-Zero Business Daily newsletter and before that covered the North American electricity and natural gas industries plus other commodities for S&P Global’s Platts unit. A native of the United Kingdom, Keiron is a veteran reporter whose past beats included the European energy, mining and finance sectors.
Losses at Nikola Motor widened year-over-year in the second quarter of 2023 after the truck maker took a $77.8 million hit to its balance sheet.
August 7, 2023
North American Class 8 truck orders rose year-over-year for a third month in a row in July, according to ACT Research.
August 7, 2023
Titanium Transportation Group acquired Oakwood, Ga.-based Crane Transport to drive growth of the Canadian company’s U.S. logistics business, it said.
August 4, 2023
Weaker demand from the U.S. and European commercial truck sectors resulted in a second-quarter 2023 loss at Goodyear Tire & Rubber Co.
August 3, 2023
Profits at Cummins Inc. rose to $720 million in the second quarter of 2023 from $702 million in the year-ago period on the back of a jump in sales, including at newly acquired Meritor.
August 3, 2023
Lower freight rates, a moderation in brokerage gross margin and the cost of operating as a stand-alone public company hurt profits at RXO Inc. in the second quarter of 2023.
August 2, 2023
Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said.
August 2, 2023
Eaton Corp. posted net income of $744 million in the second quarter of 2023, a 23.8% increase compared with a $601 million profit in the same period a year earlier.
August 2, 2023
Proving last week’s surge wasn’t a fluke, the national average diesel price skyrocketed 22.2 cents to reach $4.127 a gallon, according to the Energy Information Administration.
August 2, 2023
Nikola began production of the Tre hydrogen fuel cell electric truck July 31 at its Coolidge, Ariz., factory, the company said.
August 2, 2023