The Department of Justice has filed a legal document with the U.S. Court of Appeals for the District of Columbia supporting federal regulators’ authority to enforce an Obama-era greenhouse gas emissions rule to include first-ever federal regulation of greenhouse gases and fuel efficiency for trailers.
April 30, 2020Search
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Daimler Profit Drops Amid Falling Demand
Daimler AG reported net income plunged 92%, and revenue slipped 6% in the first quarter as a result of the novel coronavirus.
April 29, 2020Ryder Reports Q1 Net Loss
Ryder System Inc. reported a net loss of just over $100 million in the first quarter and revenue slipped 1% as it adjusted to the impact of COVID-19 on the economy and its markets.
April 29, 2020March Used Truck Prices Continue 2020 Slide
Class 8 used truck sales in March slipped 12%, and the average price dropped about $7,000 compared with a year earlier, ACT Research reported.
April 29, 2020Excise Tax Relief Would Benefit Trucking, ATA’s Chris Spear Says
Federal policymakers crafting additional ways to restore economic stability amid the COVID-19 pandemic should consider suspending a World War I-era federal excise tax on the sale of new trucks and trailers, a coalition of freight stakeholders said April 28.
April 28, 2020Cummins Q1 Net Income, Revenue Fall
Cummins Inc. reported first-quarter net income and revenue fell as key domestic and global markets weakened as the novel coronavirus spread.
April 28, 2020Yokohama, Continental Resume Tire Production
Two tire manufacturers that had suspended production due to the COVID-19 crisis have restarted their factories.
April 28, 2020Caterpillar Sees Virus Pain Intensifying After Profit Trails
The world’s biggest maker of mining and construction equipment is predicting that the pain from the coronavirus crisis is far from over.
April 28, 2020Efforts to Prevent Clogged Diesel Particulate Filters Include Low-Ash Engine Oil, Ensuring Fuel Quality
As engine oil suppliers develop new formulations to protect diesel engines and enhance their efficiency, some are paying particularly close attention to the performance of exhaust aftertreatment systems.
April 28, 2020Mack Reports Parts Distribution Centers Operating as Normal
Mack Trucks announced it is encouraging customers and dealers to order parts as they normally would and in a normal quantity, and Mack parts distribution centers will continue to fulfill orders on a typical schedule.
April 27, 2020