Paccar CEO Preston Feight said July 28 the company has no plans to remove drivers from autonomous trucks despite progress with Aurora, Kodiak AI and Stack. The stance matters because Aurora restarted ...
Heartland’s $19 million impairment tied to its fleet consolidation drove a larger quarterly loss and sharply increased its operating ratio amid the prolonged freight rate recession. Despite weaker ...
The ongoing freight market rebound has a lot of road left on its journey following the longest downturn in industry memory, ...
Amazon delivered strong profit and net sales during its fiscal second quarter, helped by surging growth in its prominent ...
Adjusted operating income of $335 million in Q2 came in below analyst estimates, with Stellantis on July 30 citing high ...
The freight market recovery is altering trailer demand positively in a fashion unseen in 40 years, Wabash’s CEO said, though ...
Shipowners and traders have zeroed in on maritime activity through Hormuz and the Bab el-Mandeb strait in the Red Sea for ...
U.S. refiners are turning crude oil into gasoline and diesel at a pace not seen since before the pandemic, but even that is ...
A Senate bill would make staged crashes into commercial motor vehicles a federal crime as New York trains investigators to ...
Brent crude, the international standard, slipped 0.2% to $87.92 per barrel after rising earlier. It was trading around $72 a ...
Mercedes-Benz Group CEO Ola Källenius expects the fierce pricing competition in the Chinese car market to stick around for ...
The San Francisco-based company has built a detachable unit with an electric motor and batteries that sits between the ...
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