Ford Motor Co. beat Q1 profit estimates on higher pricing and increased volumes, but left its full-year outlook unchanged over concern about pricing power and economic uncertainty.
May 3, 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.
Clean Truck Technologies Developing at Rapid Pace
ANAHEIM, Calif. — The rollout of zero-emission commercial vehicles and the infrastructure to support it is proceeding with added urgency.
May 3, 2023RXO Reports $1 Billion Revenue for First Full Quarter
RXO on May 3 reported revenue exceeding $1 billion in its first full quarter as an independent company. The Charlotte, N.C.-based business formerly operated within XPO.
May 3, 2023Paccar, Toyota Plan to Produce Hydrogen Fuel Cell Trucks
ANAHEIM, Calif. — Truck manufacturer Paccar Inc. and global automaker Toyota Motor Corp. are moving forward with a partnership to produce fuel cell electric Class 8 trucks.
May 3, 2023Daimler Unveils Freightliner Medium-Duty eM2 Truck
ANAHEIM, Calif. – Daimler Truck North America premiered the Freightliner eM2, the latest entry in its line of electric vehicles, during the Advanced Clean Transportation Expo May 2.
May 2, 2023Eaton Q1 Profit Rises 19.7% as It Eyes Megaprojects
Profits at Eaton Corp. rose 19.7% in the first quarter of 2023 on sales growth that beat company expectations.
May 2, 2023Oklahoma, UK Form Clean Energy Pact
Oklahoma and Britain will address trade barriers, increase investment and enhance business cooperation in zero-emission vehicles, agriculture and alternative energy.
May 2, 2023REPLAY: SHIFT - Technology Learning Sessions
With emerging technologies placing a priority on efficiency, are in-cab technologies the next big adoption trend? Which trucking companies are choosing to sign on early and what kind of results are they seeing for their operations and their drivers? And, how do opinions on in-cab cameras differ between fleet managers, drivers, and legal experts? Join us for conversations that will help shift your thinking and your operations. Â
May 2, 2023House Lawmakers Unveil CDL Streamline Bill
Legislation meant to tackle the trucking industry’s driver shortage was recently introduced in the U.S. House of Representatives.
May 2, 2023DOT OKs Drug Testing Drivers Using Oral Fluid Samples
The U.S. Department of Transportation on May 1 announced the issuance of a final rule approving use of oral fluid to drug test truck drivers.
May 2, 2023Trending
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