North American Class 8 orders in April continued the trend of year-over-year declines by dropping to 11,600 units, ACT Research reported.
May 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.
High Consumer Prices, Inflation Pressures Persist in April
WASHINGTON — Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, a sign that declines in inflation are likely to be slow and bumpy.
May 10, 2023Renewable Diesel Output Rises as Alternatives Proliferate
U.S. renewable diesel production took a number of steps forward over the past couple of weeks as two more facilities came online and another ramped up.
May 10, 2023GM’s Cruise to Expand Robotaxi Service to Dallas and Houston
Cruise, the self-driving vehicle unit majority owned by General Motors Co., plans to expand its robotaxi service to Houston and Dallas.
May 10, 2023Electric Truck Options Expand
Battery-electric trucks are still a young, emerging segment of the commercial vehicle market, but fleet operators already can choose from a broad selection of electric vehicle options.
May 10, 2023Peterbilt Unveils Model 589
FORT WORTH, Texas — Peterbilt Motors Co. introduced its new Model 589 truck during an event at Texas Motor Speedway that included customers, dealers and media.
May 10, 2023New EV Models Drive Up North American Factory Production
North American factories cranked out 219,000 battery-powered cars and trucks in the first three months of the year, a 39% increase over the year-earlier period.
May 10, 2023Rivian Reports Better-Than-Expected Loss, Affirms EV Plans
Rivian Automotive Inc. reported a narrower-than-expected loss to start the year and reaffirmed its annual production plans as efforts to cut costs buoyed the electric vehicle maker.
May 10, 2023Illinois to Add Truck Parking at Three Rest Areas
Illinois plans to build a total of more than 100 new truck parking places in two rest areas on Interstate 55 and one on I-24 in a $197.5 million investment in 22 freight mobility projects.
May 10, 2023GXO Reports Record Revenue of $2.3 Billion for Q1
GXO Logistics reported its highest-ever first-quarter revenue when its earnings report was released May 9.
May 10, 2023Trending
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