TFI International Posts Profit Rebound in Q3
Profit at TFI International Inc. rebounded in the third quarter from pandemic lows as the carrier experienced operating income improvements.
Old Dominion Profit, Revenue Up in Third Quarter
Old Dominion Freight Line Inc.’s profit and revenue rose in the third quarter as freight demand picked up as the economy started to rebound from the COVID-19 pandemic recession.
Mullen Reports Profit Gain on Lower Revenue in Q3
Mullen Group posted a gain in profit during the third quarter, helped by COVID-19-related economic subsidies, an improving economy and strong e-commerce business.
Einride Readies US Test for Automated Podlike Truck
Einride plans to expand its range of podlike self-driving trucks and launch a pilot program in the U.S. with tire manufacturer Bridgestone.
Hyundai Readies Fuel Cell Truck for US Market
Hyundai Motor Co. said it would expand its fuel cell truck sales efforts to the U.S. and China and significantly increase production over the coming year.
Private Carriers Have Adjusted Their Operations for the Long Haul
Our 2020 Top 100 Private Carriers list shows that the COVID-19 pandemic is reshaping private carriers in ways that will last long after the novel coronavirus subsides.
Bollinger Plans All-Electric Delivery Van
Bollinger Motors, a startup already developing an electric pickup truck and large SUV, plans to go into the commercial vehicle business.
Waymo Tests Autonomous Trucks in Texas
Waymo launched testing of autonomous trucks in Texas and announced plans to make Dallas the center of its heavy-duty vehicle technology efforts.
Xos Trucks Secures $20 Million in New Funding Round
Fledgling electric vehicle developer Xos Trucks Inc. completed a new round of financing, raising $20 million from a group of investors.
YRC Posts Q2 Declines
Losses at YRC Worldwide Inc. widened in the second quarter amid the economic fallout of the COVID-19 pandemic, but the company said federal loans it received under coronavirus relief efforts will help position it to emerge healthier from the downturn.