Truck News

About Truck News...
BusinessFuel

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
BusinessLogistics

Weaker Freight Rates, Brokerage Gross Margin Hurt RXO Profits

Lower freight rates, a moderation in brokerage gross margin and the cost of operating as a stand-alone public company hurt profits at RXO Inc. in the second quarter of 2023.

August 2, 2023
BusinessLogisticsFor-Hire

TFI Q2 Profit Dips by More Than 50% on Lower Freight Volumes

Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said.

August 2, 2023
GovernmentBusinessFuel

Plan to Restock Emergency Oil Reserve Put on Hold

WASHINGTON — The Biden administration is delaying plans to restock the nation’s emergency oil reserve amid a price hike that has pushed oil above $80 a barrel.

August 2, 2023
BusinessTechnologyLogisticsPrivate

Amazon Fresh Offers Grocery Delivery to Non-Prime Members

Amazon has begun offering its Fresh grocery delivery service to customers who aren’t Prime members.

August 2, 2023
GovernmentBusinessTechnology

Senate EPW Approves Diesel Emissions Bill

A bill that updates the Diesel Emissions Reduction Act through fiscal 2029 was recently approved by a committee in the U.S. Senate.

August 2, 2023
BusinessEquipment

Eaton Q2 Profit Jumps 23.8%

Eaton Corp. posted net income of $744 million in the second quarter of 2023, a 23.8% increase compared with a $601 million profit in the same period a year earlier.

August 2, 2023
GovernmentFuel

Diesel Price Blows Past $4 a Gallon With 22.2¢ Surge

Proving last week’s surge wasn’t a fluke, the national average diesel price skyrocketed 22.2 cents to reach $4.127 a gallon, according to the Energy Information Administration.

August 2, 2023
BusinessLogisticsTCA

Taylor Swift Reportedly Gives Tour Truckers $100,000 Bonuses

Taylor Swift has reportedly given $100,000 bonuses to the truck drivers who have been transporting her concert equipment across the country during her epic Eras tour.

August 2, 2023
BusinessTechnologyEquipmentFuelFor-Hire

Nikola Begins Production of Hydrogen Fuel Cell Class 8 Truck

Nikola began production of the Tre hydrogen fuel cell electric truck July 31 at its Coolidge, Ariz., factory, the company said.

August 2, 2023