Elon Musk flipped the script on those who doubted Tesla Inc. could return to profitability and meet aggressive timelines, delivering positive earnings few saw coming and declaring he’s ahead of schedule on a new plant and product.
October 24, 2019Search
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Konexial Acquires Axle Technologies’ ELD, Fleet Management Customers
Konexial Inc. acquired Axle Technologies’ complete roster of electronic logging device and fleet management customers, Konexial officials said Oct. 21.
October 21, 2019Volvo Reports Modest Gains in Q3 Net Income, Revenue
Volvo Group reported a marginal increase in net income and a modest bump in revenue in the third quarter, citing slowing markets for trucks, construction equipment, and marine and industrial engines.
October 18, 2019Trucking Relies on Consumers, but Recession Fears Loom, Experts Say
PALM BEACH, Fla. — A leading consultant and top executives at three fleets outlined the state of the trucking industry and overall economy to trailer dealers and suppliers during a meeting here, with discussion focused on changing conditions and persistent concerns about softening demand.
October 17, 2019Medium-Duty Gains in September Led by Class 7
U.S. retail sales of Class 4 through Class 7 trucks rose 5.8% in September compared with a year earlier, and included large gains in Freightliner sales of Class 7 vehicles.
October 16, 2019NHTSA Seeks Comments on Rear-Visibility Camera Systems
The National Highway Traffic Safety Administration is seeking comments on an advanced notice of proposed rulemaking that could lead to camera-based, rear-visibility systems replacing mirrors on heavy trucks and cars.
October 16, 2019Automated Reloads Program Reduces Emissions, Convoy Says
Convoy’s recently launched automated reloads program is yielding a 45% decrease in the carbon dioxide emissions created by empty miles in freight, according to the digital freight network.
October 15, 2019SEFA Group Wins State Clean Diesel Grant
The SEFA Group was awarded a State Clean Diesel Grant in South Carolina through the Diesel Emission Reduction Act program, the company said in an Oct. 10 news release.
October 11, 2019For ATA’s New Chairman Randy Guillot, Life and Work Are Family Affairs
NEW ORLEANS — Business was going quite well for family-owned Triple G Express Inc. during the summer of 2005, as the city best known for its 24-hour nightlife, vibrant live music scene and spicy Cajun cuisine also served as a great base of operations for the intermodal motor carrier and its decades-old less-than-truckload affiliate, Southeastern Motor Freight Inc.
October 9, 2019UPS Invests $450 Million in CNG Trucks, Stations
UPS Inc. announced it will spend $450 million to add 6,000 vehicles powered by compressed natural gas as well as supporting infrastructure beginning next year.
October 9, 2019