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Weaker Truck Sector Tire Demand Induces Q2 Loss at Goodyear

Weaker demand from the U.S. and European commercial truck sectors resulted in a second-quarter 2023 loss at Goodyear Tire & Rubber Co.

August 3, 2023

Your Guide to Better Maintenance Shop Operations

In August 2021, we asked "What are some of the most pressing concerns about efficiency that maintenance shop managers could address immediately?" Jacob Findlay, CEO and Founder of Fullbay, answered. Originally hosted during our first Transport Topics Magazine Series Event - Retool - we isolated the discussion to make it easier to enjoy and to share.

August 1, 2023

House Committee Approves Internal Combustion Engines Bill

A panel in the House recently approved a bill that would block efforts meant to prevent the sale of internal combustion engines.

August 3, 2023

GXO Beats Wall Street Predictions, Boosts Q2 Profit 27%

GXO Logistics, the contract logistics provider that was spun off two years ago from its parent company XPO, reported stronger-than-expected second-quarter results on Aug. 2.

August 3, 2023

Saudi Arabia Extends Oil Production Cut Through September

DUBAI, United Arab Emirates — Saudi Arabia said Aug. 3 it will extend its production cut of 1 million barrels of oil a day through the end of September in its effort to boost energy prices.

August 3, 2023

Meritor, Heavy-Duty Truck Engine Sales Boost Cummins Profits

Profits at Cummins Inc. rose to $720 million in the second quarter of 2023 from $702 million in the year-ago period on the back of a jump in sales, including at newly acquired Meritor.

August 3, 2023

Schneider Acquires M&M Transport

Schneider National Inc. announced that it is acquiring dedicated contract carrier M&M Transport Services.

August 3, 2023

Global Ocean Shipping Costs Creep Higher

Spot rates for shipping containers jumped by the most in more than two years, a sign that a 16-month slump in ocean freight costs that helped ease the sting of goods inflation is over.

August 3, 2023

BMW Boosts Electric Car Spending to Catch Up With Tesla

BMW AG is stepping up spending on its electric car rollout after the luxury carmaker’s battery-vehicle deliveries more than doubled during the first half of the year.

August 3, 2023

Badar Khan to Succeed Retiring Cathy Zoi as CEO of EVgo

Electric-car charging company EVgo Inc. said CEO Cathy Zoi will retire in November and be succeeded by board member Badar Khan.

August 2, 2023