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Paccar Q1 Profit Dives on Demand Slump, European Charge

Bellevue, Wash.-based Paccar reported net income of $505.1 million in the first three months of 2025, less than half the $1.2 billion profit posted in the year-ago period.

April 29, 2025

House Eyes New Vehicle Fees to Boost Highway Trust Fund

“If successful,” Rep. Sam Graves (R-Mo.) explained, “these new user fees would represent the first new funding streams into the Highway Trust Fund in more than 30 years.”

April 29, 2025

Sysco Slashes Outlook as Wary Americans Tighten Budgets

Sysco Corp. lowered its outlook as weakening consumer confidence causes Americans to dine out less.

April 29, 2025

Cummins CEO Says Alternative Fuels Will Advance

The innovation of alternative fuels is poised to move forward, said Cummins CEO Jennifer Rumsey, despite uncertainty around regulations, incentives and trade policies.

April 29, 2025

Hyundai Unwraps Xcient Tractor Overhaul

Hyundai Motor Co. unveiled the latest iteration of its Class 8 Xcient hydrogen fuel cell electric tractor April 28, overhauling the powertrain, safety systems and driver comforts.

April 29, 2025

Record US Goods-Trade Deficit Shows Hit to Economy in Q1

The U.S. merchandise-trade deficit unexpectedly widened in March to a record as companies continued importing goods to get ahead of tariffs, indicating a large hit to the economy in Q1.

April 29, 2025

Motive Technologies Cleared in Patent Infringement Case

A federal jury in San Francisco has handed down a unanimous verdict clearing Motive Technologies of allegations it copied patents owned by technology developer Omnitracs.

April 29, 2025

Replacement Truck Tire Prices to Rise in May Due to Tariffs

Market observers say fleets can expect more replacement tire price hikes in the coming weeks and months as tariffs on rubber imports are passed through to customers.

April 29, 2025

ArcBest Reports Q1 Revenue Slips Just Below $1 Billion

ArcBest posted a drop in revenue but saw bottom-line results swing from a year-ago loss to a profit during the first quarter of 2025, the company reported April 29.

April 29, 2025