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BusinessTechnologyEquipmentSafety

Paccar Q4 Profit Falls but Leaders Predict Better 2025

The Bellevue, Wash.-based truck maker posted a profit of $872 million or $1.66 per diluted share in the fourth quarter of 2024, down 38.5% compared with $1.42 billion, $2.70, in 2023.

January 28, 2025
GovernmentBusiness

Update: State Trucking Groups Tout CARB Retreat, Continue Fight

State trucking associations are advocating for more feasible and cost-effective solutions in response to the implementation of the Advanced Clean Trucks regulation.   

January 28, 2025
GovernmentBusinessLogistics

Freeland: Canada Can Work With Trump to Challenge China

The Canadian candidate for prime minister said she believes Trump is smart and is threatening to impose tariffs on allies in part to pave the way for tougher policies on China.

January 28, 2025
GovernmentBusinessEquipment

Task Force Critical of Truck Lease-Purchase Deals

A truck leasing task force that studied the prevalence of predatory practices in truck lease-purchase agreements determined that truck drivers often fall prey to unscrupulous actors.

January 28, 2025
GovernmentBusinessEquipment

US Steel Investor Pentwater Opposes Ancora’s Proxy Proposal

Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to shake up the board of the American steelmaker.

January 28, 2025
BusinessTechnologyEquipment

Continental Sees Tough Climate in Auto Unit’s Spinoff Year

Continental AG said its automotive unit will struggle to increase sales this year as the German supplier pushes ahead with plans to spin off the ailing division despite the car industry downturn.

January 28, 2025
GovernmentBusinessTechnologyEquipmentSafetyLogistics

Senate Confirms Sean Duffy for DOT Secretary

WASHINGTON — Former congressman Sean Duffy was confirmed by a vote of 77-22.

January 28, 2025
BusinessTechnologyEquipmentLogisticsAutonomous

Atlas Energy Begins Driverless Truck Deliveries to Wells

Bulk carrier Atlas Energy Solutions began shipments of proppant on two driverless trucks equipped with self-driving technology from Kodiak Robotics recently, the companies said.

January 28, 2025
GovernmentLogistics

House, Senate Unveil Bill to Streamline CDL Process

The legislation would allow state driver’s licensing agencies to use certain third-party testers to administer commercial driver license knowledge tests. 

January 28, 2025
Government

Pete Buttigieg Weighs US Senate Run

Pete Buttigieg and Michigan State Sen. Mallory McMorrow are weighing whether to mount a campaign for Michigan’s Senate seat after Sen. Gary Peters announced he wouldn’t seek another term.

January 28, 2025