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Fleets, Suppliers Work to Curb Fuel Card Skimming

Fuel card skimming is proving to be the most challenging and expensive fraud that carriers are facing.

February 5, 2024

Strong Job Growth Continues With 353,000 Added in January

WASHINGTON — U.S. employers delivered a stunning burst of hiring to begin 2024, adding 353,000 jobs in January in the latest sign of the economy shrugging off a period of high interest rates.

February 2, 2024

Amazon Beats Revenue and Profit Expectations for Q4

Amazon on Feb. 1 reported better-than-expected revenue and profits for the fourth quarter, driven by strong consumer spending during the holiday shopping season.

February 2, 2024

Eaton Q4 Profit Jumps 31% on Record Revenue

Profit at Eaton Corp. jumped 31% year-over-year in the fourth quarter of 2023, powered by higher revenue at both its largest and smallest reporting units — Electrical Americas and eMobility.

February 1, 2024

House Passes Tax Bill Amid Budget Negotiations

A comprehensive tax measure advanced in the U.S. House of Representatives on Jan. 31 as congressional leaders continue to negotiate fiscal 2024 transportation funding legislation.

February 1, 2024

Revoy Launches Atypical EV for Class 8 Freight Market

A Bay Area startup launched an electric add-on unit that will convert an existing Class 8 diesel vehicle into a hybrid without changes to the tractor.

February 1, 2024

Update: Truck Manufacturers Form Zero-Emission Partnership

Powering America’s Commercial Transportation (PACT) — launched by Daimler Truck North America, Navistar Inc., and Volvo Group North America — is setting out to educate policymakers, regulators and other stakeholders in Washington and around the nation on the zero-emission infrastructure needs of the trucking industry. 

February 3, 2024

Schneider Reports 12% Revenue Decline for Q4

Schneider National experienced a year-over-year decline in profits as well as revenue during the fourth quarter of 2023, the company reported Feb. 1.

February 1, 2024

Senate Approves Joe Goffman to Lead EPA Air Pollution Office

WASHINGTON — The Senate has approved Joe Goffman to lead the EPA's air pollution office just as the agency is set to finalize rules over emissions from power plants and cars and trucks.

February 1, 2024

Used Truck Sales in December Drop 7% From Prior Year

Used Class 8 truck sales in December declined by 7.1% from the same period the prior year, ACT Research reported.

February 1, 2024