Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a profit of $239 million in the year-ago period.
July 27, 2023Search
Showing 10 of 7866 results
= Premium Content
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Wabash Quarterly Profit Jumps as Margin Rises
Trailer manufacturer Wabash National posted a 6.8% increase in net sales in the second quarter compared with the same period a year earlier.Â
July 27, 2023Strategic Tactics Drive Cargo Theft Rise
The trucking industry has faced an increase in cargo thefts this year, with thieves developing more sophisticated and strategic tactics.
July 27, 2023Traton’s Profit Jumps in Second Quarter
Traton SE’s profits soared in the second quarter of 2023 as sales jumped compared with the year-ago period, the parent company of Navistar said July 26.
July 26, 2023June Used Class 8 Sales Little Changed From Last Year
Used Class 8 truck sales in June came in at 21,500 units, equal to sales figures from the year-ago period, ACT Research reported.
July 26, 2023Stellantis Profits Soar 37% in First Half of Year
MILAN — Stellantis on July 26 reported a 37% boost in earnings in the first half of the year, driven by strong North America income and an increase in electric vehicle sales in Europe.
July 26, 2023Paccar Sales, Parts Unit Push Quarterly Profit to Record
Paccar posted record quarterly income in the three months that ended June 30, beating estimates as profits across some of the company’s divisions reported healthy year-over-year gains.
July 25, 2023Aurora Details Financial Plan, Unveils Lidar Breakthrough
Autonomous technology developer Aurora says it has set itself up financially for up to the next two years with a new round of public and private funding.Â
July 25, 2023General Motors Q2 Earnings Rise 52% on Strong Sales, Prices
DETROIT — Despite taking on a huge chunk of an expensive electric vehicle recall, General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago.Â
July 25, 2023Truckers Largely Oppose Side Underride Guard Proposed Rule
American Trucking Associations is among several industry stakeholders objecting to a NHTSAÂ proposal that would require side underride guards on heavy trucks.
July 24, 2023