Forward Air Reports Revenue and Earnings Decline for Q1
Forward Air Corp. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported May 1.
May 1, 2023Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
FedEx Freight Plans Closure of 29 Locations
FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.
May 1, 2023Penske to Acquire Michigan-Based Star Truck Rentals
Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.
May 1, 2023Factory Activity Contracts for a Sixth Month in April
U.S. factory activity contracted for a sixth-straight month in April, the longest such stretch since 2009 and a sign of lingering malaise in manufacturing.
May 1, 2023California OKs Advanced Clean Fleets Regulation
The California Air Resources Board approved its Advanced Clean Fleets regulation that will require some motor carriers to begin the transition to zero-emission trucks as soon as next year.
April 28, 2023Toyota Class 8 Hydrogen Powertrain Approved in California
Toyota is to begin offering Class 8 commercial truck manufacturers and operators a hydrogen-fueled powertrain in California later this year.
April 28, 2023Daimler Truck Launches Rizon Medium-Duty EV
Daimler Truck unveiled Rizon, its newly branded lineup of Class 4 and Class 5 medium-duty electric trucks, during a press conference April 27.
April 28, 2023Allison Transmission Posts Record Quarterly Sales
Class 8 truck sales in North America were the foundation on which record quarterly revenues at Allison Transmission were built in the first three months of 2023, the OEM said April 27.
April 28, 2023Infrastructure Spending Expected to Benefit United Rentals
United Rentals executives foresee a rosy outlook for the business and sector as a result of increased infrastructure spending in the coming months and years after posting increased year-over-year profits in the first three months of 2023, they said April 27.
April 28, 2023Chinese Truck Maker Eyes Mexico Facility, US Market
Chinese truck maker Beiqi Foton Motor Co. is planning a second plant in Mexico to manufacture electric vehicles with an eye on U.S. exports.
April 28, 2023