Schneider National on Feb. 3 reported a year-over-year increase in profit for the fourth quarter of 2020.
February 3, 2021Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Meritor Reports Lower Fiscal-Year Q1 Earnings, Revenue
Meritor Inc. reported a decline in net income, largely due to interest expenses, and a dip in revenue during its fiscal first quarter.
February 3, 2021California Leads in Electric Vehicle Policies, Practices, Energy Nonprofit Says
California is by far the national leader in enabling the use of electric cars and medium- and heavy-duty electric trucks, according to a state-by-state evaluation of electric vehicle policies and practices compiled by a leading nonprofit energy efficiency group.
February 3, 2021Volvo Group Posts Higher Q4 Net Income
Volvo Group reported fourth-quarter net income rose amid a surge in North American truck orders, but revenue slipped.
February 3, 2021Ford Overhauls Pricey Raptor Truck to Take On Surging New Rivals
With new competition nipping at its wheels, Ford Motor Co. has overhauled its rugged F-150 Raptor model, a pricey and profitable pickup the company calls its “trophy truck.â€
February 3, 2021US Senate Committee Approves Raimondo’s Nomination
Rhode Island Gov. Gina Raimondo’s nomination to become the country’s next secretary of commerce advanced to the floor of the U.S. Senate after a committee voted favorably on her qualifications.
February 3, 2021Daimler Truck Poised to Become Public Company
Daimler AG plans to split up into the world’s largest makers of luxury cars and commercial vehicles, renaming itself Mercedes-Benz and separately listing its truck unit by year-end.
February 3, 2021GM’s BrightDrop to Make EV600s for Merchants Fleet
DETROIT — Merchants Fleet, a fleet management company, plans to purchase commercial EV vans from General Motors Co.’s newly formed company BrightDrop.
February 3, 2021Amazon Starts Road Testing Rivian Electric Vans in Los Angeles
Amazon .com Inc. began testing the first lot of its Rivian Automotive Inc. electric delivery vans in Los Angeles as it works to fulfill a pledge to meet the goals of the Paris climate accord 10 years early.
February 3, 2021Eaton Reports Higher Q4 Net Income
Power management company Eaton Corp. reported higher fourth-quarter net income and a decline in revenue.
February 3, 2021Trending
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