Stellantis NV said its first-quarter revenue decreased 12% to $44.7 billion compared to last year as the company transitions to making a number of next-generation vehicles.
April 30, 2024Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
DB Schenker to Carry Out Range Energy Trailer Testing in H2
DB Schenker will carry out a pilot program testing Range Energy’s electrified dry van trailers in the second half of 2024, the startup said.
April 30, 2024Peterbilt Introduces Additional Mirrors for 579, 567 Models
Peterbilt is set to offer digital vision system-mirrors for its Models 579 and 567, and the truck maker expects to improve truck drivers’ visibility options and safety, it said.
April 29, 2024Traton Profit Rises on Higher Prices, 'Favorable' Markets
Profits for global truck manufacturer Traton rose in the first quarter on momentum from favorable market conditions and higher prices, including for the International Trucks brand.
April 29, 2024Labor Deal Signing Bonuses Dampen Record Allison Sales
Signing bonuses linked to a labor contract ratified by United Auto Workers members in January hurt profits at Allison Transmission Holdings in the first quarter of 2024.
April 26, 2024Intermodal Chassis Manufacturers Pull Back on Output
Intermodal chassis manufacturers are scaling back production as a result of weak demand as well as a supply overhang, company executives said.
April 25, 2024Truck, Trailer Reefer Weakness Hurts Carrier Global Profits
Carrier Global profits dropped in the first quarter of 2024, with results hurt by weaker North American truck and trailer refrigeration sales, the company said April 25.
April 25, 2024Tesla Promises Semi Truck Production to Begin in Late 2025
Tesla Inc.’s touted Class 8 Semi tractor is likely to begin rolling off the company’s Reno, Nev., production line late next year, according to a senior executive.
April 25, 2024Hertz Reports $392 Million Loss
Hertz reported a loss that was nearly three times worse than analysts expected as it accelerated sales of electric vehicles to reduce its fleet of Tesla models that have weighed on profits.
April 25, 2024Caterpillar Volumes Slip From Year-Ago Levels
Caterpillar Inc. reported first-quarter results that showed machinery sales slipping from a year earlier and warned that the trend is expected to continue in its second quarter.
April 25, 2024