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8 Problems Trailer Telematics Solve For Fleets

Managing trailer fleets–big or small–is a complex job with many moving parts. Here’s how trailer telematics can help solve some of the more pressing questions that bother fleet managers.

October 1, 2024

Covenant's Q3 Net Income and Revenue Take Slight Dips

The company reported third-quarter net income of $13 million, or 94 cents per share, compared with $13.5 million, 99 cents, in the year-ago period.

October 29, 2024

BYD Reportedly Hires Another Stellantis Executive

China’s BYD Co. reportedly is hiring the former U.K. chief of Stellantis NV as the EV maker builds a team of European executives to lead its expansion in the region.

October 29, 2024

Oil Prices Fall on Weak Global Demand

Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared.

October 29, 2024

Biden to Announce $3B to Reduce Carbon Emissions at Ports

WASHINGTON — The Biden administration is awarding nearly $3 billion to boost climate-friendly equipment and infrastructure at ports across the country.

October 29, 2024

US Finalizes China Investment Restrictions on Key Tech

The rules, which come after more than a year of deliberation, ban some investments into those industries and require the U.S. government to be notified about others.

October 28, 2024

Diesel Price Nudges Up 2¢ to $3.573 a Gallon

The U.S. average diesel price edged up 2 cents, reaching $3.573 per gallon, according to U.S. Energy Information Administration data released Oct. 28.

October 28, 2024

Ford’s Profit Outlook Falls Short as EV Demand Slows

Adjusted earnings before interest and taxes this year will be about $10 billion, down from a previous outlook for as much as $12 billion, the company said Oct. 28.

October 28, 2024

United Rentals Hits Q3 Revenue High, Faces Margin Pressure

United Rentals Inc. set a quarterly revenue record in Q3 on surging demand in its specialty rentals segment, but the company faced margin pressure on bottom-line results.

October 28, 2024

PepsiCo to Close Chicago Plant, Offer 60 Days’ Pay

PepsiCo said the decision was difficult, but it described the 60-year-old building as a facility with “physical limitations.” The company said it would pay workers for the next 60 days

October 28, 2024