NEW YORK — Walmart reported a strong first quarter and boosted its outlook for the year as the nation’s largest retailer continues to draw budget-conscious consumers.
May 18, 2023Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
April Trailer Orders Down 49% Year-Over-Year
U.S. trailer orders dropped by nearly half from the year-ago total to an estimated 10,000 units in April, ACT Research reported.
May 18, 2023Elon Musk Says Tesla Will Try Advertising
Tesla Inc. CEO Elon Musk said the electric carmaker will dabble in advertisements, a major shift for the company that has largely avoided traditional marketing.
May 17, 2023FMCSA: HOS Violations Rise After Rule Change
Changes to the HOS rule that went into effect in late 2020 may have increased flexibility for truck drivers, but the percentage of violations rose “significantly higher," according to FMCSA.
May 17, 2023April Medium-Duty Sales See 16.2% Rebound
U.S. retail sales for medium-duty trucks grew 16.2% in April compared with the year-ago period, according to data from Wards Intelligence.
May 16, 2023Factory Production Rebounds in April After March Slump
Production at U.S. factories rebounded in April, led by a firm advance at automakers and suggesting some stabilization in goods demand.
May 16, 2023Ex-Audi CEO Pleads Guilty to Diesel Emissions Charges
FRANKFURT, Germany — The former head of Volkswagen’s luxury division Audi pleaded guilty May 16 to charges tied to the automaker’s diesel emissions scandal.
May 16, 2023Isaac Instruments Adds Ginnie Henkels to Its Board
Virginia (Ginnie) Henkels has been appointed to the board of directors at Isaac Instruments.
May 16, 2023XPO’s Robert Dean Wins Washington Title, Qualifies for NTDC
Robert Dean, a longtime professional driver with XPO, took top honors at the Washington Truck Driving Championships last month competing in the flatbed class.
May 16, 2023Average Age of Passenger Vehicles Hits Record High
Americans are keeping their cars longer than ever: The average age of a passenger vehicle on the road hit a record 12.5 years this year, according to data gathered by S&P Global Mobility.
May 15, 2023