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Lower Used Truck Prices, Weak Rental Market Hurt Ryder Profits

Ryder's profits fell in the first quarter on sharply lower used tractor and truck prices and weak rental market conditions, the company said April 23, but saw a boost from recent acquisitions.

April 23, 2024
BusinessEquipmentSafetyLogistics

Truck Body Repair Collaborations Help Streamline Planning

Repairing the body on a Class 8 truck is a process of handling moving parts while performing a proper assessment and eventually restoring the unit to a safe, roadworthy state as quickly as possible.

April 23, 2024
BusinessSafetyLogistics

Baltimore Port to Open Deeper Channel

Officials plan to open a deeper channel for commercial ships to access the Port of Baltimore starting April 25, marking a significant step toward reopening the major maritime shipping hub.

April 23, 2024
BusinessTechnologyFuel

ATRI Study Touts Renewable Diesel’s Benefits

There are operational and environmental gains to be realized for fleets that favor renewable diesel fuel over battery-electric vehicles, according to a new ATRI study.

April 23, 2024
BusinessEquipment

General Motors Reports Strong Q1 Profits

DETROIT — Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.

April 23, 2024
BusinessPrivate

PepsiCo Beats Q1 Revenue Forecasts

PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages.

April 23, 2024
BusinessLogisticsFor-Hire

UPS Reports 41% Earnings Drop During Q1

UPS Inc. experienced a 41.3% drop in earnings during the first quarter of 2024, the company reported April 23.

April 23, 2024
BusinessSafety

Jury Finds BNSF Contributed to Two Asbestos Deaths

A federal jury on April 22 said BNSF Railway contributed to the deaths of two people who were exposed to asbestos decades ago when tainted mining material was shipped through a Montana town.

April 22, 2024
GovernmentFuel

Diesel Price Dips Back Below $4 at $3.992 a Gallon

The national average diesel price dipped 2.3 cents to edge below $4 a gallon, according to Energy Information Administration data released April 22.

April 22, 2024
BusinessSafety

Pre-Trip Prowess Powers Nevada’s Hart to Grand Champion Crown

Matt Hart, a scrappy driver with FedEx Freight, surpassed a competitive field to take home grand champion honors at Nevada’s Truck Driving Championships on April 6.

April 22, 2024