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Paccar Q1 Earnings Soar as Truck, Parts Margins Jump

Paccar saw its earnings jump 22% year-over-year in the three months that ended March 31 on the back of record revenue and a jump in margins.

April 25, 2023

Pete Buttigieg Eyes Expansion of Supply Chain Data-Sharing

A voluntary forum through which freight sector stakeholders can share information is poised to expand, Transportation Secretary Pete Buttigieg recently told members of Congress.

April 25, 2023

GM, Samsung Plan New EV Battery Cell Factory in US

General Motors and South Korea’s Samsung SDI plan to invest more than $3 billion in a new electric vehicle battery cell plant in the United States, the companies said April 25.

April 25, 2023

Road Designers Confront Challenges of Balancing Safety, Function

Trees and passenger vehicles number among the safety challenges for road design benefiting freight movement. Will the new influx of federal funding help us get it right?

April 25, 2023

Volvo Q1 Earnings Jump as Sales Soar

Truck manufacturer Volvo Group posted net income of $1.25 billion, or 62 cents per share, in the three months that ended March 31.

April 21, 2023

Kansas Breaks Ground on Expanded Diesel School

Kansas will be able to train more diesel technicians with a new $1.2 million grant from the U.S. Department of Commerce’s Economic Development Administration.

April 21, 2023

Utah to Lower Gas Tax, Impose EV Charging Tax

Gasoline taxes will drop in Utah in July, and taxes will be levied at electric vehicle charging stations starting in January, after new laws signed by Gov. Spencer Cox.

April 21, 2023

Ford’s F-150 Leaves Tough Choices for EV Tax Credits

While the average gasoline-powered F-150 now sells for almost $63,000 — 25% more than five years ago — the electric version commands a premium of almost 30% over that.

April 21, 2023

Ford’s Jim Farley Says Tesla Could Start an EV Price War

Ford Motor Co. CEO Jim Farley said rival Tesla Inc. could start a price war and turn certain electric vehicle models into commodities after it cut prices again.

April 21, 2023

Rebalanced Supply Chain Still Leaves Empty-Mile Problem

The underlying issues causing empty miles and unfilled trucks persist even as a balancing supply chain has softened them, experts warned.

April 20, 2023