Fuel card skimming is proving to be the most challenging and expensive fraud that carriers are facing.
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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, 2024Amazon 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, 2024Eaton 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, 2024House 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, 2024Revoy 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, 2024Update: 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.Â
February 3, 2024Schneider 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, 2024Senate 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, 2024Used 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