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Business, Equipment
Volvo Group
Volvo Sees Q3 Profit, Revenue Fall but Notes Improvement Near End of Quarter
Volvo Group
Volvo Group posted third-quarter declines in net income and revenue as truck orders rose but deliveries dropped.
October 20, 2020
Business
ATA President Chris Spear is set to deliver his state of the industry address Oct. 26 at MCE 2020, which will be held virtually due to the pandemic. (American Trucking Associations)
2020 MCE Kicks Off Under Virtual Format
ATA President Chris Spear is set to deliver his state of the industry address Oct. 26 at MCE 2020, which will be held virtually due to the pandemic. (American Trucking Associations)
Trucking executives and other industry stakeholders who originally would have traveled to Denver will instead turn their attention online for ATA’s 2020 Management Conference & Exhibition, which will proceed as a virtual event due to the ongoing coronavirus pandemic.
October 20, 2020
Business, Technology, Perspective
Perspective: Leading in an Unprecedented Year
Last year, when I accepted my peers’ support to become the 75th chairman of American Trucking Associations, I had no idea what would be in store for me.
October 20, 2020
Government, Business, Logistics
A USPS carrier gets into her truck to deliver mail in Philadelphia in May. (Matt Rourke/Associated Press)
USPS Still Not Processing Election Mail Fast Enough, States Say
A USPS carrier gets into her truck to deliver mail in Philadelphia in May. (Matt Rourke/Associated Press)
The U.S. Postal Service still isn’t processing election mail on time, even after being ordered by judges to halt disruptive changes like banning worker overtime and late delivery trips, Pennsylvania’s attorney general said.
October 20, 2020
Business, Logistics, Breaking News
John Sommers II for Transport Topics
September Tonnage Down Year-Over-Year, but Rebounds After August Decline
John Sommers II for Transport Topics
Truck tonnage in September declined a seasonally adjusted 2.7% when compared with year-ago levels, marking the sixth consecutive month of year-over-year declines, American Trucking Associations said Oct. 20.
October 20, 2020
Business, Technology, Fuel
An employee works on a Chevrolet Sonic vehicle at the GM plant in Orion Township, Mich., in June 2017. (Jeff Kowalsky/Bloomberg News)
GM to Plan Third EV Plant in Big Plug-In Bet
An employee works on a Chevrolet Sonic vehicle at the GM plant in Orion Township, Mich., in June 2017. (Jeff Kowalsky/Bloomberg News)
General Motors Co. is investing more than $2 billion in six U.S. plants, including a makeover of a former Saturn plant in Tennessee into its third factory to produce electric models.
October 20, 2020
Government, Business, Fuel
Oil storage tanks stand in Cushing, Okla. (Daniel Acker/Bloomberg News)
Oil Slips With Renewed Virus Restrictions Sapping Rebound
Oil storage tanks stand in Cushing, Okla. (Daniel Acker/Bloomberg News)
Oil slipped as nations reimposed tighter lockdown restrictions in hopes of containing a resurgent pandemic that is depressing demand.
October 20, 2020
Business, Equipment
Battery-electric and automated trucks from Kenworth and Peterbilt by Seth Clevenger/Transport Topics
Paccar Q3 Net Income, Revenue Fall Amid Signs of Rebound
Battery-electric and automated trucks from Kenworth and Peterbilt by Seth Clevenger/Transport Topics
Paccar Inc. reported sharply lower third-quarter net income and revenue as its aftermarket presence, financial services and rebounding truck production bolstered the results.
October 20, 2020
Business, Technology, Logistics
RK Logistics Accelerates Silicon Valley Expansion Plans
RK Logistics Group is accelerating its expansion into Silicon Valley with new facilities, company leadership detailed Oct. 19.
October 20, 2020
Government, Business
Treasury Secretary Steven Mnuchin, who's on a trip to the Middle East, will speak on the phone with Nancy Pelosi on Oct. 20. (Oliver Contreras/Bloomberg News)
Stimulus Nears Election Endgame on Pelosi Deadline, Senate Vote
Treasury Secretary Steven Mnuchin, who's on a trip to the Middle East, will speak on the phone with Nancy Pelosi on Oct. 20. (Oliver Contreras/Bloomberg News)
After months of on-again, off-again talks on an increasingly needed fiscal-stimulus package, Oct. 20 is shaping up as a do-or-die moment for Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi to get a virus relief deal done in time for Election Day.
October 20, 2020