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DETROIT — Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing.

The trucking industry continued the trend of year-over-year tonnage losses in June after a brief increase the prior month, American Trucking Associations reported July 23.

Carmakers are faced with significant overcapacity to make EVs because of softening demand with many turning back to development plans for combustion-engine cars, OPmobility SE reports.

A bill to promote the efficiency of commercial waterway infrastructure projects and supply chain connectivity was easily passed by the U.S. House of Representatives on July 22.

UPS boosted its volume in the U.S. for the first time since 2022 during its second quarter, but profit and revenue fell short of Wall Street expectations, partly due to a hefty charge.

Cargo theft is often a subtle process, making it difficult to prevent. With cargo thieves relying increasingly on subterfuge, the security apparatus on the shop floor must evolve accordingly.

A growing number of energy and agriculture firms have been boosting spending in an effort to plant and crush more canola, an oilseed that could play a big role in the renewable fuel markets.

Yokohama Rubber Co. agreed to acquire Goodyear Tire & Rubber Co.’s off-the-road tire business for $905 million as part of the Japanese manufacturer’s global expansion plan.

FedEx and UPS warned of potential delays in package deliveries as the couriers grapple with the impact of a massive IT failure that is upending markets and crippling companies globally.

CARB-compliant engine

Volvo Trucks North America announced the availability of a diesel engine that meets CARB requirements for nitrogen oxide and particulate matter emissions standards.

ITS warehouse

Urban Delivery Hubs Present Solutions to Final-Mile Shipping

An evolving concept to address the issue of final-mile delivery is the urban delivery hub.

Soy biodiesel fuel pumped into a truck

Clean Fuels Alliance America to Sue EPA

Clean Fuels Alliance America told the EPA that it will sue over the agency’s delay in establishing 2026 biofuel volumes in its Renewable Fuel Standard program.

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J.B. Hunt truck

Soft market conditions in 2023 placed financial strain on many of the largest for-hire trucking companies in North America. 

NTDC 2024

Complete coverage of the 2024 National Truck Driving Championships and Step Van Driving Championships, as well as the state events that served as qualifiers.

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Dog in truck cab

Truckers who take their dogs back and forth between the United States and either Canada or Mexico will soon be required to complete a federal form that asserts their pets are at low risk of carrying rabies back into the country.

Getty Image of pumping fuel

The national average diesel price dipped 4.7 cents to $3.779 a gallon, according to Energy Information Administration data released July 22.

GM HQ

DETROIT — U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that helped push the company’s net income 15% above a year ago.

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