Electric vehicles, great for combating climate change, don’t do well in extreme heat. It’s a paradox being thrown into relief as multiple U.S. states bake under heat waves.
July 11, 2023Trucking 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.
Daimler Stresses ‘Transition’ to Green Energy
BOSTON — Daimler Truck during a Capital Market Day event recommitted to its ambitions for expansion of alternative fuels, stressing that diesel will remain an important part of the mix.
July 11, 2023Renault, China’s Geely Sign $8.8 Billion Powertrain Tie-Up
France’s Renault SA has formally signed a joint venture agreement with China’s Zhejiang Geely Holding Group Co. to set up a new combustion engine and hybrid powertrain company.
July 11, 2023Daimler Truck Increases Full-Year Guidance
BOSTON — Daimler Truck is updating its sales and financial guidance for the year and launching a share buyback program, moves the company said are buoyed by its business momentum.
July 11, 2023Yellow Gains Financial Targets Waiver
Yellow Corp. will not have to meet certain financial targets under a deal with its lenders, winning valuable breathing space as it battles the Teamsters union and the threat of bankruptcy.
July 10, 2023Used Car Prices Fall Most Since Pre-Pandemic
Used car prices in the U.S. fell 4.2% in June, their biggest monthly drop since the early days of the pandemic, as a key measure of inflation eases.
July 10, 2023Forecast Upped for Class 8 Registrations as Fears Ease
New registrations for Class 8 trucks are set to total 249,836 this year, according to S&P Global Mobility, a jump of 12% compared with its expectations at the start of the year.
July 10, 2023REPLAY: SPARK - Maintenance Learning Sessions
As today's fleets strive to meet operational efficiency and sustainability goals, what does that mean for the future of the internal combustion engine? Are alternative fuels or electric vehicles the logical next step? Who is engineering these advances and which will be the right choice for your fleet? Discover the potential energy in new ideas that will drive you forward.Â
July 10, 2023Toyota, Stellantis Blast Biden’s Plan to Boost EV Sales
Stellantis NV and Toyota blasted a Biden administration plan to ease auto pollution, saying it would compel unrealistic sales of electric vehicles that strain critical mineral supplies.
July 10, 2023Trucking Enters Late Down Cycle
The trucking industry has entered the late stages of the freight cycle downturn, but positive destocking trends have helped balance low demand. Â
July 10, 2023Trending
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