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Exxon Mobil and Chevron declined after disappointing first-quarter performances despite posting strong production gains in marquee oil projects in Guyana and the Permian Basin.

Intermodal chassis manufacturers are scaling back production as a result of weak demand as well as a supply overhang, company executives said.

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.

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.

A vote on the nomination of Jennifer °®¶¹´«Ã½ndy to continue her term as chairwoman of the National Transportation Safety Board is on a Senate panel’s calendar.

Landstar System Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 24.

Knight-Swift Transportation Holdings saw its first-quarter bottom-line results swing from a profit to a loss.

According to ACT Research, U.S. trailer orders for March declined 19% to 13,600 units from 16,800 in the prior-year period, and fell 33.7% from the preliminary total of 20,500 units ordered in February. 

Mullen Group experienced a decrease in revenue and earnings during the first quarter of 2024, the company reported April 25.

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.