Business, Technology, Equipment, Safety

Peterbilt Introduces Additional Mirrors for 579, 567 Models

Peterbilt is set to offer digital vision system-mirrors for its Models 579 and 567, and the truck maker expects to improve truck drivers’ visibility options and safety, it said.

Keiron Greenhalgh | Staff Reporter
April 29, 2024
Business, Equipment

Traton Profits Rise on Higher Prices, 'Favorable' Markets

Profits for global truck manufacturer Traton rose in the first quarter on momentum from favorable market conditions and higher prices, including for the International Trucks brand.

Keiron Greenhalgh | Staff Reporter
April 29, 2024
Business

DTNA, UAW Ink Tentative Labor Deal for Freightliner Plants

Daimler Truck North America inked a tentative four-year labor agreement with the UAW on April 26, hours before the prior deal at Freightliner manufacturing sites in the U.S. was set to expire.

Keiron Greenhalgh | Staff Reporter
April 27, 2024
Business, Equipment

Labor Deal Signing Bonuses Dampen Record Allison Sales

Signing bonuses linked to a labor contract ratified by United Auto Workers members in January hurt profits at Allison Transmission Holdings in the first quarter of 2024.

Keiron Greenhalgh | Staff Reporter
April 26, 2024
Business, For-Hire

TFI Profit Falls 17.1% on ‘Worse Than Expected’ Market

Profits at TFI International fell 17.1% year-over-year in the first quarter of 2024 on the back of what CEO Alain Bédard said was a particularly weak freight environment.

Keiron Greenhalgh | Staff Reporter
April 26, 2024
Business, Equipment, For-Hire

Intermodal Chassis Manufacturers Pull Back on Output

Intermodal chassis manufacturers are scaling back production as a result of weak demand as well as a supply overhang, company executives said.

Keiron Greenhalgh | Staff Reporter
April 25, 2024
Business, Equipment

Truck, Trailer Reefer Weakness Hurts Carrier Global Profits

Carrier Global profits dropped in the first quarter of 2024, with results hurt by weaker North American truck and trailer refrigeration sales, the company said April 25.

Keiron Greenhalgh | Staff Reporter
April 25, 2024
Business, Equipment, Fuel

Tesla Promises Semi Truck Production to Begin in Late 2025

Tesla Inc.’s touted Class 8 Semi tractor is likely to begin rolling off the company’s Reno, Nev., production line late next year, according to a senior executive.

Keiron Greenhalgh | Staff Reporter
April 25, 2024
Business, Logistics

Covenant Q1 Profit Slumps 76% on Freight Rate Weakness

Covenant Logistics Group profits tumbled in the first quarter of 2024, with freight rates and volumes taking a toll on earnings as expected.

Keiron Greenhalgh | Staff Reporter
April 25, 2024
Business, Equipment

Softer Global Truck Tire Demand Drags on Michelin Q1 Sales

Michelin posted a 4.1% year-over-year decrease in tire sales in the first quarter of 2024, citing softer overall demand in the truck and specialty tire segments.

Keiron Greenhalgh | Staff Reporter
April 24, 2024