Estes Express IT System Fully Restored, COO Says
Estes Express Lines’ information technology systems are “completely restored” after a cyberattack earlier in October, according to Chief Operating Officer Webb Estes.
Paccar 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.
TFI Third-Quarter Profit Dives 45.6% on Weak Freight Market
TFI International profits in the third quarter slumped 45.6% year-over-year, with the Canadian company primarily citing weaker market conditions, especially in the truckload market.
Ryder to Buy Impact Fulfillment Services
Ryder System Inc. is to buy IFS Holdings, also known as Impact Fulfillment Services (IFS), for an undisclosed sum, the Miami-based company said Oct. 23.
Diesel Price Rises 10.1¢ to $4.545 a Gallon
The national average price for a gallon of diesel climbed 10.1 cents to $4.545 a gallon after a recent downswing, according to Energy Information Administration data released Oct. 23.
TeraWatt Buys Two California Sites for Heavy-Duty EV Charging
TeraWatt Infrastructure acquired two sites in California’s Inland Empire region to build heavy-duty electric truck charging sites, the company said.
Mack Trucks, UAW Return to Negotiating Table
Mack Trucks and the United Auto Workers Union are set to return to the negotiating table Oct. 23, seeking to end a heightened impasse over a new five-year labor agreement.
Roadrunner Offers Free LTL Delivery on Late Shipments
Roadrunner is now offering free less-than-truckload freight delivery if the shipment does not arrive on the promised date, it said.
International S13 Powertrain Production Begins in Huntsville
Serial production of the International S13 integrated powertrain began Oct. 18 at the Huntsville, Ala., production facility operated by parent company Navistar, the company announced.
Volvo Reports 20% Revenue Boost for Q3, Sees Sales Dip in 2024
Volvo Group on Oct. 18 announced gains in global profit and revenue for the third quarter, but forecast that global truck sales next year will fall compared with 2023 levels.