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Allison Q2 Profit Jumps on Strength of On-Highway Sales
Allison Transmission Holdings Inc. reported net income of $175 million in the second quarter of 2023, up 43% compared with $122 million in the same period a year earlier, the company said.
July 28, 2023Yellow Puts Logistics Division Up for Sale
Yellow Corp. says it is shopping its third-party logistics broker, Yellow Logistics, to raise cash as the less-than-truckload company attempts to remain in business.
July 28, 2023Backup Driver in Autonomous Uber Death Pleads Guilty
PHOENIX — The backup Uber driver for a self-driving vehicle that killed a pedestrian in suburban Phoenix in 2018 pleaded guilty July 28 to endangerment.
July 28, 2023US Targets 43.5 MPG for New Vehicles by 2032
DETROIT — The U.S. government wants to raise the fuel economy of new vehicles 18% by the 2032 model year so that all new vehicles would average about 43.5 miles per gallon in real-world driving.
July 28, 2023Spero, Colantuone, Hicks Take It to the Next Level
WINDSOR LOCKS, Conn. — Anthony Spero, William Colantuone and Joe Hicks claimed titles at the New England Tri-State Truck Driving Championships to punch their tickets for nationals.
July 28, 2023Carrier Global Q2 Profits Pegged Back by Sale Charge
Carrier Global Corp. reported a narrowed second-quarter profit of $199 million, down from $573 million in the year-ago period.
July 28, 2023Carrier Transicold Adds Two Trailer Refrigeration Models
Carrier Transicold is rolling out two additional models in its Vector trailer refrigeration product line, the company said. Â
July 28, 2023New Iowa Truck Road Unveiled at Missouri River Barge
A road partially funded by a $1 million U.S. government grant is enabling farmers to move freight from Interstate 29 directly to Iowa’s Port of Blencoe barge terminal on the Missouri River.
July 28, 2023United Rentals Profit Rises on Ahern Deal, Demand Tailwind
United Rentals Inc. reported net income of $591 million in the second quarter of 2023, an increase of 19.9% from $493 million in the year-ago period, the company said.
July 28, 2023Exxon Profit Misses Estimates as Natural Gas, Refining Slip
Exxon Mobil Corp. fell short of analysts’ expectations with a third straight drop in profit amid weaker natural gas prices and shrinking returns from fuel sales.
July 28, 2023Trending
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