Allison Transmission Holdings posted net income of $158 million in the third quarter of 2023, an increase of 14% from $139 million in the same period in 2022, the company said Oct. 25.

A court on Oct. 27 approved plans by the administrators of Yellow to use auctioneers to sell the company’s rolling stock, as Jack Cooper Transport eyes a bid to rescue the motor carrier.

Negotiations between Mack Trucks and the United Auto Workers union over a labor agreement ended Oct. 26 with no new master contract in place, the Volvo Group subsidiary said.

Estes Express Lines’ information technology systems are “completely restored” after a cyberattack earlier in October, according to Chief Operating Officer Webb Estes.

Paccar Inc. posted a 60% jump in third-quarter earnings as parts margins rose and truck sales increased, easily surpassing analyst expectations.

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 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.

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 Infrastructure acquired two sites in California’s Inland Empire region to build heavy-duty electric truck charging sites, the company said.

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.