TravelCenters of America Inc. reported second-quarter net income more than doubled and revenue soared amid favorable fuel purchasing conditions.
August 3, 2022Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Eaton Q2 Income Up; Revenue Flat
Eaton Corp. reported second-quarter net income rose and revenue was flat while segment margins were 20.1%, a quarterly record and above the high end of the guidance.
August 3, 2022Volvo Plans to Make Its Own Batteries in Electric Truck Shift
Volvo AB plans to build a “large-scale” battery plant in Sweden to meet an expected surge in demand for electric trucks and buses.
August 3, 2022Cummins in Q2 Notches Highest-Ever Quarterly Revenue
Cummins Inc. in Q2 posted all-time record quarterly revenue and solid profitability reflecting strength primarily in the North American market, the company announced Aug. 2.
August 3, 2022Alaskans Help State Officials Prepare for EV Charging
The Alaska Energy Authority is working to overcome public perception barriers of cold climate performance, driving range anxiety and high electricity demand charges in its electric vehicle infrastructure push.
August 2, 2022Mack Trucks Introduces First EV Dealer for New York
Gabrielli Truck Sales has become Mack Trucks’ first certified electric vehicle dealer in New York, it was announced July 28.
August 2, 2022Traton Group Reports Big Revenue Gains in First Half
Navistar parent company Traton Group in July reported strong operating results and revenue for the first half of 2022, despite what it called an extremely challenging market.
August 2, 2022Western Star Launches 57X Class 8 Model
YPSILANTI, Mich. — Western Star is launching a new Class 8 over-the-road model that parent company Daimler Truck North America promises will deliver on the niche brand’s reputation for dependability and toughness, while adding advanced safety, driver comfort and fuel efficiency features.
August 2, 2022The Glider Truck Is Gone, but Not Forgotten
In its heyday, Fitzgerald Glider Kits was the nation’s top glider truck manufacturer, building and selling thousands of the new truck cab bodies powered by older rebuilt engines.
July 28, 2022Rivian to Cut 6% of Its Workforce
Rivian Automotive Inc. is cutting about 6% of its workforce and simplifying product plans, saying the economy has made it harder for the electric vehicle maker to raise money to build up production.
July 27, 2022