Business, Equipment, Private

United Rentals Q4 Profit Rises 6.3% on Broad Demand Strength

United Rentals reported net profit of $679 million in the fourth quarter of 2023, a 6.3% year-over-year increase compared with $639 million in the year-ago period.

Keiron Greenhalgh | Staff Reporter
January 26, 2024
Business, Technology, Equipment

Xos Class 8 Tractor Start of Production Remains on Schedule

Xos’ plans for manufacturing a Class 8 tractor remain on schedule even as the electric truck maker sought to bolster its finances earlier in January, CEO Dakota Semler told Transport Topics.

Keiron Greenhalgh | Staff Reporter
January 25, 2024
Business, Technology, Autonomous, For-Hire, Private

Kodiak Opens Truck Port at Ryder Facility in Houston

Kodiak Robotics opened a second truck port for its autonomous semis at a Ryder System Inc. fleet maintenance facility in Houston, the companies said Jan. 23.

Keiron Greenhalgh | Staff Reporter
January 25, 2024
Business, Equipment, Fuel, Private

Hyzon Sends Four Hydrogen FCEV Trucks to PFG in California

Hyzon delivered four trucks to Performance Food Group’s Vistar facility in Fontana, Calif., the first deliveries of the hydrogen fuel cell electric vehicle to its largest U.S. customer.

Keiron Greenhalgh | Staff Reporter
January 25, 2024
Business, Equipment

Paccar Delivers 54% Jump in Q4 Profit, Record Revenues

Truck maker Paccar saw profits jump 54% year-over-year in the fourth quarter of 2023 on the back of record revenues and a double-digit jump in U.S. and Canadian truck deliveries.

Keiron Greenhalgh | Staff Reporter
January 23, 2024
Business, Equipment, Fuel, Autonomous

Volvo Unveils Redesigned Flagship Class 8 VNL Tractor

Volvo Trucks North America launched a revamp of its flagship over-the-road Class 8 VNL tractor Jan. 23, the first major overhaul since a 2017 redesign.

Keiron Greenhalgh | Staff Reporter
January 23, 2024
Business, Equipment, Fuel

Love’s, DTNA Roll Out Freightliner Maintenance Network

Love’s Travel Stops and Daimler Truck North America have begun rolling out a maintenance network for light mechanical repairs on the truck maker’s Freightliner-branded vehicles.

Keiron Greenhalgh | Staff Reporter
January 23, 2024
Business, Equipment

Truck Sales at Navistar’s International Unit Rise 9% in 2023

Sales of International-branded trucks totaled 75,500 in 2023, up 9% compared with 2022, the original equipment manufacturer’s parent company said Jan. 22.

Keiron Greenhalgh | Staff Reporter
January 23, 2024
Business, Equipment, Logistics

PS Logistics Unit Expands Flatbed Division in North Carolina

PS Logistics’ Blair Logistics unit announced it has acquired the flatbed division of Kenly, N.C.-based ELS for an undisclosed sum.

Keiron Greenhalgh | Staff Reporter
January 23, 2024
Business, Technology, Fuel

Cummins, Daimler, Paccar Pick Site for Battery Plant Venture

Accelera by Cummins, Daimler Trucks & Buses US Holding and Paccar Inc. on Jan. 18 selected Marshall County, Miss., as the manufacturing site for their planned battery cell joint venture.

Keiron Greenhalgh | Staff Reporter
January 19, 2024