Ford Pulls Profit Forecast on Strike Impact
Ford Motor Co. said it fell short of third-quarter earnings expectations, citing higher costs and lower quality, a day after it won labor peace through a tentative contract with the UAW.
October 27, 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.
Congestion Cost Trucking a Record $94.6 Billion in 2021
Snarled traffic added $94.6 billion in costs to the trucking industry in 2021, up from $74.5 billion in 2016, according to a study by the American Transportation Research Institute.
October 25, 2023FBI Analyst Stresses Trucking Cybersecurity Importance
HOUSTON — An FBI cyberintelligence specialist stressed the importance of trucking cybersecurity to the health of the economy during an Oct. 23 presentation.
October 25, 2023Honda Halts Plans With GM to Develop Smaller EVs
Honda Motor Co. is shelving plans to jointly develop affordable electric vehicles with General Motors Co. due to a changing business environment, CEO Toshihiro Mibe said.
October 25, 2023Paccar Records 60% Rise in Q3 Net Income
Paccar Inc. posted a 60% jump in third-quarter earnings as parts margins rose and truck sales increased, easily surpassing analyst expectations.
October 24, 2023US House Panel Evaluates New Truck Excise Tax Repeal
A leading proponent of repealing a tax on the purchase of new trucks called on colleagues to endorse his effort.
October 24, 2023About 12.6% of Vehicles Inspected Placed Out of Service
Roughly one of every eight trucks inspected for brake-related violations was placed out of service by commercial vehicle inspectors during Brake Safety Week in August.
October 24, 2023Proper Tire Inflation Saves on Fuel, Equipment Costs
AUSTIN, Texas — A panel of trucking maintenance executives said at an MCE 2023 session that properly inflated tires save on fuel and wear, and contribute to environmental sustainability.
October 24, 2023Strikes Trim GM Profit in an Otherwise Strong Quarter
DETROIT — A strike by auto workers against General Motors is expected to cut pretax earnings by $800 million this year, and another $200 million per week after that.
October 24, 2023September Trailer Orders Spike With Order Book Openings
U.S. trailer orders in September notched their first year-over-year increase for 2023 as order books for next year began to open, according to ACT Research.
October 23, 2023