C.H. Robinson Posts Record Q1 Profits
Strong freight demand across its network powered C.H. Robinson Worldwide to record first-quarter profits.
Strong Trailer Demand Grows Wabash Q1 Profits
Wabash reported higher profits and sales during the first quarter as motor carriers and shippers rushed to purchase trailers to meet strong freight demand.
Mullen Reports Q1 Revenue, Profit Growth
Mullen Group Ltd. reported double-digit increases in profit and revenue for the first quarter but warned that the motor carrier was concerned about surging inflation and higher fuel expenses.
Werner Partners With Aurora to Haul Freight Autonomously in Texas
Aurora Innovation Inc. has announced a deal to haul freight on a route between Fort Worth and El Paso, Texas, for Werner Enterprises.
Aurora Upgrades Autonomous Driving System
Aurora Innovation Inc. is upgrading its self-driving truck technology as it prepares to commercialize its autonomous vehicle technology.
Embark Posts Wider Loss, Advances Tech Development
Autonomous truck developer Embark Technology Inc. issued its first annual and quarterly financial report as a public company, detailing steep losses but significant technology gains and key business partnerships.
Americold Narrows Loss, Names George Chappelle New CEO
Refrigerated warehouse operator Americold Realty Trust narrowed its loss in the fourth quarter and posted a large gain in revenue. It also made interim CEO George Chappelle’s position permanent.
Kenworth Debuts 18-Speed Transmission Lineup
Kenworth has developed a new 18-speed automated transmission, offering a version for heavy Class 8 trucking and some off-highway uses.
U.S. Xpress Looks to Integrate Aurora Self-Driving Tech
U.S. Xpress will collaborate with autonomous driving technology company Aurora Innovation to explore the deployment of self-driving trucks within the motor carrier’s network.
Acquisitions Fuel Mullen’s Record Q4 Revenue Growth
Mullen Group Ltd. reported a doubling of profits and record revenue for the fourth quarter.