North American Class 8 orders in March ended a short-lived recovery by dropping to 19,200 units, ACT Research reported.
April 5, 2023Fleet Equipment News
Commercial freight transportation is a machine-based business. Highly technical equipment and advanced engineering are at the center of supply chain and require constant innovation. Transport Topics equipment coverage focuses on the machines and other physical assets that make delivery possible. It looks closely at available truck, trailer, and chassis models, developments in the engineering space, and maintenance innovations and best practices.
Spot Rate Bottom Unclear Amid Capacity, Demand Mix
Excess capacity in the spot market amid weakening demand has raised uncertainty over whether rates have actually hit bottom.
April 5, 2023FedEx to Merge Ground, Express Units
FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.
April 5, 2023GM Passes Ford in Q1 EV Sales, Still Trails Tesla
DETROIT 鈥 General Motors rode strong first-quarter sales of the Chevrolet Bolt to bump crosstown rival Ford out of second place in the U.S. electric vehicle sales race.
April 4, 2023Ford Sales Up 10.1% in Q1
Ford Motor Co.鈥檚 sales rose 10.1% year-over-year in the first quarter, lifting the Blue Oval to the best-selling brand 鈥 but not manufacturer 鈥 in the country for the January-March period.
April 4, 2023GM鈥檚 BrightDrop Ships First 500 EV Vans From Ontario
BrightDrop has shipped the first 500 electric delivery vans out of CAMI Assembly in Ontario, Canada, that opened three months ago, the company said April 3.
April 4, 2023Geely: All Options Open on Volvo Stake After Daimler Sale
Volvo AB鈥檚 second-largest shareholder, Geely, said while it鈥檚 not currently planning any changes to its position, 鈥渁nything is possible鈥 in the future.
April 4, 2023Biden Visits Cummins, Promotes Clean Energy
FRIDLEY, Minn. 鈥 President Joe Biden ventured to suburban Minneapolis on April 3 to highlight job growth and investments nationwide during a visit to engine maker Cummins Inc.
April 3, 2023EV Tax Credit Rules Leave Carmakers in the Dark 鈥 Again
Automakers who are waiting for the U.S. Treasury Department to help them figure out which of their cars are eligible for lucrative electric-vehicle tax credits will have to keep waiting.
April 3, 2023FMC: Terminals Can't Issue Detention Fees if Ports Closed
What began as a $510 small claims case brought by a trucking company has evolved into what some are calling a precedent-setting case.
April 3, 2023Trending
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